10-K Filing

PINEAPPLE, INC. CIK: 1654672 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001493152-21-024497`
Period End Date	20201231
Filing Date	20211004
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	pnpl-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 30 Cash Flow Statement 82 Stockholders Equity 21

Balance Sheet 76 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
Stock subscription receivable	`StockSubscriptionReceivable`	-	USD	Point-in-time
Stock subscription receivable	`StockSubscriptionReceivable`	$1.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Property and equipment (net of depreciation)	`PropertyPlantAndEquipmentNet`	$14.92K	USD	Point-in-time
Property and equipment (net of depreciation)	`PropertyPlantAndEquipmentNet`	$21.78K	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$122.98K	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$40.77K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	76.89M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	88.46M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	76.89M	shares	Point-in-time
Equity method investment	`EquityMethodInvestments`	$10.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	88.46M	shares	Point-in-time
Equity method investment	`EquityMethodInvestments`	$9.49M	USD	Point-in-time
Deposits	`DepositAssets`	-	USD	Point-in-time
Deposits	`DepositAssets`	$7.94K	USD	Point-in-time
Total Other Assets	`OtherAssets`	$10.95M	USD	Point-in-time
Total Other Assets	`OtherAssets`	$9.49M	USD	Point-in-time
Total Assets	`Assets`	$12.01M	USD	Point-in-time
Total Assets	`Assets`	$9.50M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$871.53K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$869.91K	USD	Point-in-time
Settlement payable related party	`SettlementPayableRelatedParty`	$615.00K	USD	Point-in-time
Settlement payable related party	`SettlementPayableRelatedParty`	-	USD	Point-in-time
Accrued interest payable related party	`AccruedInterestPayableRelatedParty`	$45.64K	USD	Point-in-time
Accrued interest payable related party	`AccruedInterestPayableRelatedParty`	$305.41K	USD	Point-in-time
Accrued interest payable other	`InterestPayableCurrent`	$6.77K	USD	Point-in-time
Accrued interest payable other	`InterestPayableCurrent`	$6.77K	USD	Point-in-time
Stock subscriptions payable	`StockSubscriptionsPayable`	-	USD	Point-in-time
Stock subscriptions payable	`StockSubscriptionsPayable`	$5.94M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$41.14K	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$90.56K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$39.05K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$857.17K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.14M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$19.84K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$19.84K	USD	Point-in-time
Advances on agreements	`AdvanceOnAgreementsCurrent`	$169.00K	USD	Point-in-time
Advances on agreements	`AdvanceOnAgreementsCurrent`	$784.00K	USD	Point-in-time
Put option payable	`PutOptionPayable`	$1.00M	USD	Point-in-time
Put option payable	`PutOptionPayable`	-	USD	Point-in-time
Contingent liabilities	`LossContingencyAccrualCarryingValueCurrent`	$140.05K	USD	Point-in-time
Contingent liabilities	`LossContingencyAccrualCarryingValueCurrent`	$100.05K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$11.29M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.77M	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.29M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.77M	USD	Point-in-time
Commitments and contingencies (note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 13)	`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, 88,461,200 and 76,890,925 shares issued and outstanding, respectively	`CommonStockValue`	$8.00	USD	Point-in-time
Common stock, $0.0000001 par value, 500,000,000 shares authorized, 88,461,200 and 76,890,925 shares issued and outstanding, respectively	`CommonStockValue`	$7.00	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$14.14M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$21.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-14.57M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$720.95K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-4.30M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$6.73M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$12.01M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$9.50M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$15.00K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.62M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$661.56K	USD	Annual
Depreciation	`Depreciation`	$6.86K	USD	Annual
Depreciation	`Depreciation`	$8.63K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$1.63M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$668.42K	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-1.62M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-668.42K	USD	Annual
Interest expense	`InterestExpense`	$53.82K	USD	Annual
Interest expense	`InterestExpense`	$17.59K	USD	Annual
Loss (gain) on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$104.78K	USD	Annual
Loss (gain) on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-25.00K	USD	Annual
Other expense (income)	`OtherNonoperatingIncomeExpense`	$-631.36K	USD	Annual
Other expense (income)	`OtherNonoperatingIncomeExpense`	$63.49K	USD	Annual
Loss from equity method investment	`GainLossOnInvestments`	$61.28K	USD	Annual
Loss from equity method investment	`GainLossOnInvestments`	$388.10K	USD	Annual
Total Other (Income) Expense	`NonoperatingIncomeExpense`	$480.41K	USD	Annual
Total Other (Income) Expense	`NonoperatingIncomeExpense`	$-447.71K	USD	Annual
Loss from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.17M	USD	Annual
Loss from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.15M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.17M	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.15M	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`	73.95M	shares	Annual
Weighted Average Common Shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	64.73M	shares	Annual

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.17M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.15M	USD	Annual
Depreciation	`Depreciation`	$6.86K	USD	Annual
Depreciation	`Depreciation`	$8.63K	USD	Annual
Non-cash settlement penalties	`NoncashSettlementPenalties`	$5.85K	USD	Annual
Non-cash settlement penalties	`NoncashSettlementPenalties`	-	USD	Annual
Amortization right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$101.97K	USD	Annual
Amortization right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$40.77K	USD	Annual
Repayment of lease obligations	`RepaymentOfLeaseObligations`	$101.61K	USD	Annual
Repayment of lease obligations	`RepaymentOfLeaseObligations`	$41.14K	USD	Annual
Income from Mutual Release Agreement	`IncomeFromAgreement`	-	USD	Annual
Income from Mutual Release Agreement	`IncomeFromAgreement`	$631.36K	USD	Annual
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$61.28K	USD	Annual
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$388.10K	USD	Annual
Loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$104.78K	USD	Annual
Loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-25.00K	USD	Annual
Interest expense - debt settlements	`InterestExpenseDebt`	-	USD	Annual
Interest expense - debt settlements	`InterestExpenseDebt`	$4.12K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$66.30K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$293.90K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.00K	USD	Annual
Security deposit	`IncreaseDecreaseInSecurityDeposits`	-	USD	Annual
Security deposit	`IncreaseDecreaseInSecurityDeposits`	$7.94K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$398.53K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$25.89K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$13.46K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$53.12K	USD	Annual
Stock subscriptions payable	`IncreaseDecreaseInStockSubscriptionPayable`	$447.32K	USD	Annual
Stock subscriptions payable	`IncreaseDecreaseInStockSubscriptionPayable`	-	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$39.05K	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$51.51K	USD	Annual
Contingent liabilities	`ContingentLiabilities`	$69.52K	USD	Annual
Contingent liabilities	`ContingentLiabilities`	-	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-353.87K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-543.62K	USD	Annual
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$387.37K	USD	Annual
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$551.82K	USD	Annual
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	$1.00K	USD	Annual
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	$8.20K	USD	Annual
Repayments of advances on agreements	`RepaymentsOfAdvancesOnAgreements`	-	USD	Annual
Repayments of advances on agreements	`RepaymentsOfAdvancesOnAgreements`	$30.00K	USD	Annual
Refund of additional paid-in-capital	`PaymentsToRefundOfAdditionalPaidincapital`	-	USD	Annual
Refund of additional paid-in-capital	`PaymentsToRefundOfAdditionalPaidincapital`	$2.50K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$353.87K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$543.62K	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Annual
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	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`	-	USD	Annual
Cash paid for taxes:	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for taxes:	`IncomeTaxesPaidNet`	-	USD	Annual
Stock issued in exchange for equity method investment	`StockAndStockSubscriptionsIssuedInExchangeForEquityMethodInvestment`	-	USD	Annual
Stock issued in exchange for equity method investment	`StockAndStockSubscriptionsIssuedInExchangeForEquityMethodInvestment`	$11.00M	USD	Annual
Common stock issued for settlements	`DeferredRevenueAdjustedToRelatedPartyNotePayable`	$88.00K	USD	Annual
Common stock issued for settlements	`DeferredRevenueAdjustedToRelatedPartyNotePayable`	-	USD	Annual
Accounts payable and accrued liabilities adjusted to related party notes payable	`AccountsPayableAndAccruedLiabilitiesAdjustedToRelatedPartyNotesPayable`	$381.28K	USD	Annual
Accounts payable and accrued liabilities adjusted to related party notes payable	`AccountsPayableAndAccruedLiabilitiesAdjustedToRelatedPartyNotesPayable`	-	USD	Annual
Gain on settlements of related party payables	`GainOnSettlementsOfRelatedPartyPayables`	$156.25K	USD	Annual
Gain on settlements of related party payables	`GainOnSettlementsOfRelatedPartyPayables`	-	USD	Annual
Deferred revenue adjusted to related party note payable	`RightofuseAssetAndLeaseLiabilityFromAdoptionOfASU`	-	USD	Annual
Deferred revenue adjusted to related party note payable	`RightofuseAssetAndLeaseLiabilityFromAdoptionOfASU`	$150.00K	USD	Annual
Gain on settlement of related party note payable	`GainOnSettlementOfRelatedPartyNotePayables`	$14.87K	USD	Annual
Gain on settlement of related party note payable	`GainOnSettlementOfRelatedPartyNotePayables`	$2.94K	USD	Annual
Common stock issued for prior year subscriptions	`CommonStockIssuedForPriorYearSubscriptions`	$57.50K	USD	Annual
Common stock issued for prior year subscriptions	`CommonStockIssuedForPriorYearSubscriptions`	-	USD	Annual
Settlement of debt for intangible property	`SettlementOfDebtForIntangibleProperty`	-	USD	Annual
Settlement of debt for intangible property	`SettlementOfDebtForIntangibleProperty`	$1.00M	USD	Annual
Equity method investment exchanged for forgiveness of related party note payable	`EquityMethodInvestmentExchangedForForgivenessOfRelatedPartyNotePayableAndAccruedInterest`	-	USD	Annual
Equity method investment exchanged for forgiveness of related party note payable	`EquityMethodInvestmentExchangedForForgivenessOfRelatedPartyNotePayableAndAccruedInterest`	$1.06M	USD	Annual
Common stock issued from prior year settlements	`CommonStockIssuedForPriorYearSettlements`	$440.20K	USD	Annual
Common stock issued from prior year settlements	`CommonStockIssuedForPriorYearSettlements`	-	USD	Annual
Common stock issued for prior year equity method investment	`TransferOfInvestments`	-	USD	Annual
Common stock issued for prior year equity method investment	`TransferOfInvestments`	$5.50M	USD	Annual
Common stock issued for debt extinguishment	`CommonStockIssuedForDebtExtinguishment`	-	USD	Annual
Common stock issued for debt extinguishment	`CommonStockIssuedForDebtExtinguishment`	$120.00K	USD	Annual
Right-of-use asset and lease liability from the adoption of ASU 2016-02	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	Annual
Right-of-use asset and lease liability from the adoption of ASU 2016-02	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$122.98K	USD	Annual

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$720.95K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-4.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.73M	USD	Point-in-time
Common stock issued for prior year subscriptions	`StockIssuedDuringPeriodValueStockSubscriptions`	$2.50K	USD	Annual
Common stock issued for compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$295.50K	USD	Annual
Common stock issued for settlements of debt and payables	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.55M	USD	Annual
Common stock issued for settlements of debt and payables	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$220.40K	USD	Annual
Common stock issued for settlements of debt and payables, shares	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	488,000.00	shares	Annual
Gain on settlements of related party payables	`AdjustmentsToAdditionalPaidInCapitalGainOnSettlementOfRelatedPartyDebt`	$156.25K	USD	Annual
Gain on settlements of related party payables	`AdjustmentsToAdditionalPaidInCapitalGainOnSettlementOfRelatedPartyDebt`	$30.45K	USD	Annual
Gain on settlement of related party note payable	`GainOnSettlementOfRelatedPartyNotePayable`	$14.87K	USD	Annual
Refund of additional paid-in-capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$-2.50K	USD	Annual
Issuance of common shares for equity method investment	`StockIssuedDuringPeriodValueNewIssues`	$5.50M	USD	Annual
Issuance of common shares for equity method investment	`StockIssuedDuringPeriodValueNewIssues`	$5.50M	USD	Annual
Common stock issued for service	`StockIssuedDuringPeriodValueIssuedForServices`	$80.80K	USD	Annual
Common stock issued for service, shares	`StockIssuedDuringPeriodSharesIssuedForServices`	490,000.00	shares	Annual
Net loss	`NetIncomeLoss`	$-1.17M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.15M	USD	Annual
Ending balance	`StockholdersEquity`	$720.95K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-4.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.73M	USD	Point-in-time

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