10-Q Filing

STEM CELL INC. CIK: 1828613 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001477932-23-008468`
Period End Date	20230930
Filing Date	20231114
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	stemcell_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 45 Cash Flow Statement 45 Stockholders Equity 15

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
Cash	`Cash`	$1.43K	USD	Point-in-time
Preferred Stock, Shares Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$7.30K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$7.30K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.43K	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 Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	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
Deposit	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	20.16M	shares	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$398.00	USD	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
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	20.16M	shares	Point-in-time
TOTAL NON CURRENT ASSETS	`AssetsNoncurrent`	-	USD	Point-in-time
TOTAL ASSETS	`Assets`	$7.70K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.43K	USD	Point-in-time
Note Payable - Related Party	`NotesPayableRelatedPartiesCurrent`	$27.00K	USD	Point-in-time
Note Payable - Related Party	`NotesPayableRelatedPartiesCurrent`	$20.00K	USD	Point-in-time
Loan - Related Party	`RelatedPartyDebtCurrent`	$2.20K	USD	Point-in-time
Loan - Related Party	`RelatedPartyDebtCurrent`	-	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`	$2.01K	USD	Point-in-time
Interest Payable	`InterestPayableCurrent`	-	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$3.60K	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$4.00K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$28.00K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$38.81K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Issued and outstanding shares : 20,155,300 at September 30, 2023 and 20,155,300 at Dec 31, 2022*	`CommonStockValue`	$20.43K	USD	Point-in-time
Issued and outstanding shares : 20,155,300 at September 30, 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`	-	USD	Point-in-time
Subscription Receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$22.50K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-212.69K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-173.10K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-37.38K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$28.47K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-20.30K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$4.50K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.43K	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
REVENUES	`RoyaltyRevenues`	-	USD	3 Qtrs
REVENUES	`RoyaltyRevenues`	-	USD	1 Quarter
REVENUES	`RoyaltyRevenues`	-	USD	3 Qtrs
REVENUES	`RoyaltyRevenues`	-	USD	1 Quarter
Total	`Revenues`	-	USD	3 Qtrs
Total	`Revenues`	-	USD	3 Qtrs
Total	`Revenues`	-	USD	1 Quarter
Total	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.67K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.93K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.62K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.35K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$56.50K	USD	3 Qtrs
Professional Fees	`ProfessionalFees`	$24.00K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$27.90K	USD	3 Qtrs
Professional Fees	`ProfessionalFees`	$1.80K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$37.57K	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$4.42K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$27.35K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$65.43K	USD	3 Qtrs
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.42K	USD	1 Quarter
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.57K	USD	3 Qtrs
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.35K	USD	1 Quarter
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-65.43K	USD	3 Qtrs
Interest Expense	`InterestExpense`	$600.00	USD	3 Qtrs
Interest Expense	`InterestExpense`	$810.00	USD	1 Quarter
Interest Expense	`InterestExpense`	$600.00	USD	1 Quarter
Interest Expense	`InterestExpense`	$2.01K	USD	3 Qtrs
Interest Expense	`InterestExpense`	$1.20K	USD	Annual
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-27.95K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-5.24K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-66.03K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-39.58K	USD	3 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	3 Qtrs
Net loss per share - basic and fully diluted	`NetEarningPerShareBasicAndDiluted`	$-0.00	USD	3 Qtrs
Net loss per share - basic and fully diluted	`NetEarningPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
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	3 Qtrs
Weighted average number of shares* outstanding:	`WeightedAverageNumberOfSharesOutstandingBasic`	20.16M	shares	3 Qtrs

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$39.58K	USD	3 Qtrs
Net Income	`ProfitLoss`	$66.03K	USD	3 Qtrs
Common stock issued for services	`CommonStockIssuedForServicesOperatingActivity`	$22.50K	USD	3 Qtrs
Security deposit	`IncreaseDecreaseInSecurityDeposits`	-	USD	3 Qtrs
Security deposit	`IncreaseDecreaseInSecurityDeposits`	$398.00	USD	3 Qtrs
Account payable	`IncreaseDecreaseInAccountsPayable`	-	USD	3 Qtrs
Account payable	`IncreaseDecreaseInAccountsPayable`	-	USD	3 Qtrs
Subscription Receivable	`IncreaseOrDecreaseInSubscriptionReceivable`	$-45.00K	USD	3 Qtrs
Accrued Interest Payable	`IncreaseDecreaseInInterestPayableNet`	-	USD	3 Qtrs
Accrued Interest Payable	`IncreaseDecreaseInInterestPayableNet`	$2.01K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.00K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-400.00	USD	3 Qtrs
Provision for Income Tax	`IncreaseDecreaseInIncomeTaxes`	-	USD	3 Qtrs
Provision for Income Tax	`IncreaseDecreaseInIncomeTaxes`	-	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-113.03K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.07K	USD	3 Qtrs
Acquisition of Royalty Interests	`AcquisitionOfRoyaltyInterests`	-	USD	3 Qtrs
Acquisition of Royalty Interests	`AcquisitionOfRoyaltyInterests`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$90.00K	USD	3 Qtrs
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$20.00K	USD	Point-in-time
Due to related party	`DueToRelatedParty`	$2.20K	USD	3 Qtrs
Due to related party	`DueToRelatedParty`	-	USD	3 Qtrs
Demand promissory note	`ProceedsFromNotesPayable`	$20.00K	USD	3 Qtrs
Demand promissory note	`ProceedsFromNotesPayable`	$7.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.20K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$110.00K	USD	3 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-3.03K	USD	3 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-5.87K	USD	3 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.57K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.60K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.30K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.57K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.60K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.30K	USD	Point-in-time
Taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Interest	`InterestPaid`	$600.00	USD	3 Qtrs
Interest	`InterestPaid`	$2.01K	USD	3 Qtrs
Common stock issued for services	`CommonStockIssuedForServices`	-	USD	3 Qtrs
Common stock issued for services	`CommonStockIssuedForServices`	$90.00K	USD	3 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$-37.38K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$28.47K	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:, amount	`CommonSharesIssuedAmount`	$45.00K	USD	3 Qtrs
Common Shares Issued:, amount	`CommonSharesIssuedAmount`	$22.50K	USD	3 Qtrs
Subsription Receivable	`SubsriptionReceivable`	$45.00K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-27.95K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-5.24K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-66.03K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-39.58K	USD	3 Qtrs
Balance, amount	`StockholdersEquity`	$-37.38K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$28.47K	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.