10-K Filing

PINEAPPLE, INC. CIK: 1654672 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001493152-20-005517`
Period End Date	20181231
Filing Date	20200401
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	pnpl-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 32 Cash Flow Statement 89 Stockholders Equity 21

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	$22.18K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Stock subscription receivable	`StockSubscriptionReceivable`	-	USD	Point-in-time
Stock subscription receivable	`StockSubscriptionReceivable`	$1.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$22.18K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Property and equipment (net of depreciation)	`PropertyPlantAndEquipmentNet`	$30.41K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	65.86M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	64.22M	shares	Point-in-time
Property and equipment (net of depreciation)	`PropertyPlantAndEquipmentNet`	$739.03K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.86M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	64.22M	shares	Point-in-time
Deposits	`DepositAssets`	$7.94K	USD	Point-in-time
Deposits	`DepositAssets`	$7.94K	USD	Point-in-time
Total Other Assets	`OtherAssets`	$7.94K	USD	Point-in-time
Total Other Assets	`OtherAssets`	$7.94K	USD	Point-in-time
Total Assets	`Assets`	$1.04M	USD	Point-in-time
Total Assets	`Assets`	$769.15K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.09M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$970.89K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$298.72K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$169.36K	USD	Point-in-time
Stock subscriptions payable	`StockSubscriptionsPayable`	$37.50K	USD	Point-in-time
Stock subscriptions payable	`StockSubscriptionsPayable`	$158.75K	USD	Point-in-time
Unearned revenue	`UnearnedRevenue`	$160.68K	USD	Point-in-time
Unearned revenue	`UnearnedRevenue`	$310.68K	USD	Point-in-time
Unearned revenue	`UnearnedRevenue`	-	USD	Point-in-time
Security deposits	`Deposits`	$470.68K	USD	Point-in-time
Security deposits	`Deposits`	$470.68K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$1.17M	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$1.22M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$39.84K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$39.84K	USD	Point-in-time
Advances on agreements	`AdvancesOnAgreementsCurrent`	$904.70K	USD	Point-in-time
Advances on agreements	`AdvancesOnAgreementsCurrent`	$802.50K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$323.46K	USD	Point-in-time
Put option payable	`PutOptionPayable`	-	USD	Point-in-time
Put option payable	`PutOptionPayable`	$1.00M	USD	Point-in-time
Contingent liabilities	`ContingentLiabilities`	$63.03K	USD	Point-in-time
Contingent liabilities	`ContingentLiabilities`	$70.53K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$5.34M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.43M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.43M	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.34M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0000001 par value, 500,000,000 shares authorized, 65,862,925 and 64,220,425 shares issued and outstanding, respectively	`CommonStockValue`	$6.00	USD	Point-in-time
Common stock, $0.0000001 par value, 500,000,000 shares authorized, 65,862,925 and 64,220,425 shares issued and outstanding, respectively	`CommonStockValue`	$6.00	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$7.95M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$7.22M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-10.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.25M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-3.66M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-4.30M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-4.19M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.04M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$769.15K	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.00K	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$550.00K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$984.78K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.56M	USD	Annual
Depreciation	`Depreciation`	$8.63K	USD	Annual
Depreciation	`Depreciation`	$8.63K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$993.40K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$1.57M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-1.02M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-983.40K	USD	Annual
Interest expense	`InterestExpense`	$129.36K	USD	Annual
Interest expense	`InterestExpense`	$277.49K	USD	Annual
Change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-323.46K	USD	Annual
Change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-190.41K	USD	Annual
(Gain) loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$75.83K	USD	Annual
(Gain) loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-136.22K	USD	Annual
Loss on abandoned projects	`GainLossOnSaleOfInterestInProjects`	$176.60K	USD	Annual
Loss on abandoned projects	`GainLossOnSaleOfInterestInProjects`	$500.00K	USD	Annual
Gain on sale of investment	`GainOnSaleOfInvestments`	$43.89K	USD	Annual
Gain on sale of investment	`GainOnSaleOfInvestments`	-	USD	Annual
Total Other (Income)/Expenses	`NonoperatingIncomeExpense`	$-381.74K	USD	Annual
Total Other (Income)/Expenses	`NonoperatingIncomeExpense`	$83.58K	USD	Annual
Loss from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.37M	USD	Annual
Loss from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.10M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.10M	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.37M	USD	Annual
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	Annual
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	Annual
Weighted average common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	63.60M	shares	Annual
Weighted average common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	64.73M	shares	Annual

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.10M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.37M	USD	Annual
Depreciation	`Depreciation`	$8.63K	USD	Annual
Depreciation	`Depreciation`	$8.63K	USD	Annual
Loss on abandoned projects	`GainLossOnSaleOfInterestInProjects`	$176.60K	USD	Annual
Loss on abandoned projects	`GainLossOnSaleOfInterestInProjects`	$500.00K	USD	Annual
Gain on sale of investment	`GainOnSaleOfInvestments`	$43.89K	USD	Annual
Gain on sale of investment	`GainOnSaleOfInvestments`	-	USD	Annual
(Gain) loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$75.83K	USD	Annual
(Gain) loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-136.22K	USD	Annual
Amortization of deferred finance cost	`AmortizationOfFinancingCosts`	-	USD	Annual
Amortization of deferred finance cost	`AmortizationOfFinancingCosts`	$44.87K	USD	Annual
Note payable default fee	`NotePayableDefaultFee`	-	USD	Annual
Note payable default fee	`NotePayableDefaultFee`	$4.75K	USD	Annual
Change in fair value of derivatives liabilities	`DerivativeGainLossOnDerivativeNet`	$-323.46K	USD	Annual
Change in fair value of derivatives liabilities	`DerivativeGainLossOnDerivativeNet`	$-190.41K	USD	Annual
Accrual of contingent liabilities	`AccrualOfContingentLiabilities`	$7.50K	USD	Annual
Accrual of contingent liabilities	`AccrualOfContingentLiabilities`	$63.03K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$415.62K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$205.75K	USD	Annual
Common stock issued for delayed lease obligations	`CommonStockIssuedForDelayedLeaseObligations`	$100.00K	USD	Annual
Common stock issued for delayed lease obligations	`CommonStockIssuedForDelayedLeaseObligations`	-	USD	Annual
Common stock issued for charitable donations	`CommonStockIssuedForCharitableDonations`	$5.00K	USD	Annual
Common stock issued for charitable donations	`CommonStockIssuedForCharitableDonations`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.75K	USD	Annual
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	Annual
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.96K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$228.16K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$181.23K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$81.03K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$129.36K	USD	Annual
Stock subscriptions payable	`IncreaseDecreaseInStockSubscriptionsPayable`	$2.50K	USD	Annual
Stock subscriptions payable	`IncreaseDecreaseInStockSubscriptionsPayable`	$75.00K	USD	Annual
Unearned revenue	`IncreaseDecreaseInUnearnedRevenue`	-	USD	Annual
Unearned revenue	`IncreaseDecreaseInUnearnedRevenue`	$-33.82K	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	-	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$470.68K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-119.11K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-267.92K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$56.60K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Proceeds from the sale of investment	`ProceedsFromSaleOfInvestmentProjects`	$150.00K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$93.40K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$165.75K	USD	Annual
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$331.00K	USD	Annual
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	$311.39K	USD	Annual
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	$5.00K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$40.10K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Repayment of notes payable	`RepaymentsOfNotesPayable`	-	USD	Annual
Repayment of notes payable	`RepaymentsOfNotesPayable`	$562.27K	USD	Annual
Repayments of advances on agreements	`RepaymentsOfAdvancesOnAgreements`	$58.80K	USD	Annual
Repayments of advances on agreements	`RepaymentsOfAdvancesOnAgreements`	-	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$85.00K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$600.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$245.75K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.64K	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.93K	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.18K	USD	Annual
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$9.24K	USD	Point-in-time
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.18K	USD	Point-in-time
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$9.24K	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.18K	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash paid for interest:	`InterestPaidNet`	-	USD	Annual
Cash paid for interest:	`InterestPaidNet`	$141.22K	USD	Annual
Cash paid for taxes:	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for taxes:	`IncomeTaxesPaidNet`	-	USD	Annual
Leasehold improvements in accounts payable and accrued liabilities	`LeaseholdImprovementsInAccountsPayableAndAccruedLiabilities`	$20.00K	USD	Annual
Leasehold improvements in accounts payable and accrued liabilities	`LeaseholdImprovementsInAccountsPayableAndAccruedLiabilities`	-	USD	Annual
Purchase of land through related party note payable	`PurchaseOfLandThroughRelatedPartyNotePayable`	$700.00K	USD	Annual
Purchase of land through related party note payable	`PurchaseOfLandThroughRelatedPartyNotePayable`	-	USD	Annual
Acquisition of Pineapple Park, LLC and security deposit for lease adjusted to related party note payable	`AcquisitionOfPineappleParkLlcAndSecurityDepositForLeaseAdjustedToRelatedPartyNotePayable`	$100.00K	USD	Annual
Acquisition of Pineapple Park, LLC and security deposit for lease adjusted to related party note payable	`AcquisitionOfPineappleParkLlcAndSecurityDepositForLeaseAdjustedToRelatedPartyNotePayable`	-	USD	Annual
Accounts payable and accrued liabilities adjusted to related party note payable	`AccountsPayableAndAccruedLiabilitiesAdjustedToRelatedPartyNotePayable`	-	USD	Annual
Accounts payable and accrued liabilities adjusted to related party note payable	`AccountsPayableAndAccruedLiabilitiesAdjustedToRelatedPartyNotePayable`	$36.62K	USD	Annual
Deferred revenue adjusted to related party note payable	`DeferredRevenueAdjustedToRelatedPartyNotePayable`	$150.00K	USD	Annual
Deferred revenue adjusted to related party note payable	`DeferredRevenueAdjustedToRelatedPartyNotePayable`	$194.50K	USD	Annual
Reduction in advances on agreement in exchange for land	`ReductionInAdvancesOnAgreementInExchangeForLand`	$200.00K	USD	Annual
Reduction in advances on agreement in exchange for land	`ReductionInAdvancesOnAgreementInExchangeForLand`	-	USD	Annual
Common stock issued for prior year subscriptions	`StockIssued1`	$206.25K	USD	Annual
Common stock issued for prior year subscriptions	`StockIssued1`	$45.00K	USD	Annual
Gain on sale of subsidiary to entity under common control	`GainOnSaleOfSubsidiaryToEntityUnderCommonControl`	$841.51K	USD	Annual
Gain on sale of subsidiary to entity under common control	`GainOnSaleOfSubsidiaryToEntityUnderCommonControl`	-	USD	Annual
Accrual for repurchase of common stock	`AccrualForRepurchaseOfCommonStock`	-	USD	Annual
Accrual for repurchase of common stock	`AccrualForRepurchaseOfCommonStock`	$1.00M	USD	Annual

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-3.66M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-4.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-4.19M	USD	Point-in-time
Sale of common stock	`SaleOfStockConsiderationReceivedOnTransaction`	$165.00K	USD	Annual
Sale of common stock	`SaleOfStockConsiderationReceivedOnTransaction`	$645.00K	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$142.00K	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$459.38K	USD	Annual
Gain on sale of subsidiary to entity under common control	`AdjustmentToAdditionalPaidInCapitalGainOnSaleOfSubsidiaryToEntityUnderCommonControl`	$841.51K	USD	Annual
Shares issued for delayed lease obligations	`StockIssuedDuringPeriodValueOther`	$100.00K	USD	Annual
Shares issued for delayed lease obligations	`StockIssuedDuringPeriodValueOther`	-	USD	Annual
Shares issued for delayed lease obligations, shares	`StockIssuedDuringPeriodSharesOther`	200,000.00	shares	Annual
Shares issued for delayed lease obligations, shares	`StockIssuedDuringPeriodSharesOther`	-	shares	Annual
Charitable donations	`StockIssuedDuringPeriodValueCharitableDonations`	$5.00K	USD	Annual
Charitable donations	`StockIssuedDuringPeriodValueCharitableDonations`	-	USD	Annual
Charitable donations, shares	`StockIssuedDuringPeriodSharesCharitableDonationsShares`	10,000.00	shares	Annual
Charitable donations, shares	`StockIssuedDuringPeriodSharesCharitableDonationsShares`	-	shares	Annual
Net loss	`NetIncomeLoss`	$-1.10M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.37M	USD	Annual
Ending balance	`StockholdersEquity`	$-3.66M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-4.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-4.19M	USD	Point-in-time

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