10-Q Filing

PINEAPPLE, INC. CIK: 1654672 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001493152-21-028209`
Period End Date	20210630
Filing Date	20211112
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 58 Cash Flow Statement 61 Stockholders Equity 24

Balance Sheet 69 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
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Property and equipment (net of depreciation)	`PropertyPlantAndEquipmentNet`	$14.92K	USD	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`	$11.84K	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 issued	`CommonStockSharesIssued`	88.46M	shares	Point-in-time
Equity method investment	`EquityMethodInvestments`	$8.93M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	91.30M	shares	Point-in-time
Equity method investment	`EquityMethodInvestments`	$9.49M	USD	Point-in-time
Total Other Assets	`OtherAssets`	$8.93M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	91.30M	shares	Point-in-time
Total Other Assets	`OtherAssets`	$9.49M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	88.46M	shares	Point-in-time
Total Assets	`Assets`	$8.94M	USD	Point-in-time
Total Assets	`Assets`	$9.50M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$869.91K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$713.57K	USD	Point-in-time
Accounts payable and accrued liabilities related party	`AccountsPayableAndAccruedLiabilitiesRelatedPartyCurrent`	-	USD	Point-in-time
Accounts payable and accrued liabilities related party	`AccountsPayableAndAccruedLiabilitiesRelatedPartyCurrent`	$136.16K	USD	Point-in-time
Accrued interest payable related party	`AccruedInterestPayableRelatedParty`	$45.64K	USD	Point-in-time
Accrued interest payable related party	`AccruedInterestPayableRelatedParty`	$45.64K	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
Settlement payable related party	`SettlementPayableRelatedParty`	$615.00K	USD	Point-in-time
Settlement payable related party	`SettlementPayableRelatedParty`	$615.00K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$90.56K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$269.72K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$857.17K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$735.20K	USD	Point-in-time
Note payable	`NotesPayableCurrent`	$19.84K	USD	Point-in-time
Note payable	`NotesPayableCurrent`	$19.84K	USD	Point-in-time
Advances on agreements	`AdvanceOnAgreementsCurrent`	$169.00K	USD	Point-in-time
Advances on agreements	`AdvanceOnAgreementsCurrent`	$169.00K	USD	Point-in-time
Contingent liabilities	`LossContingencyAccrualCarryingValueCurrent`	$100.05K	USD	Point-in-time
Contingent liabilities	`LossContingencyAccrualCarryingValueCurrent`	$100.05K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.81M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.77M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.81M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.77M	USD	Point-in-time
Commitments and contingencies (note 12)	`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, 91,301,200 and 88,461,200 shares issued and outstanding as of June 30, 2021, and December 30, 2020, respectively	`CommonStockValue`	$8.00	USD	Point-in-time
Common stock, $0.0000001 par value, 500,000,000 shares authorized, 91,301,200 and 88,461,200 shares issued and outstanding as of June 30, 2021, and December 30, 2020, respectively	`CommonStockValue`	$8.00	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$21.30M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$21.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.45M	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`	$6.38M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.13M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.31M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.47M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.73M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$8.94M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$9.50M	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$393.58K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$197.78K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$161.30K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$286.00K	USD	2 Qtrs
Depreciation	`Depreciation`	$3.08K	USD	2 Qtrs
Depreciation	`Depreciation`	$1.54K	USD	1 Quarter
Depreciation	`Depreciation`	$3.78K	USD	2 Qtrs
Depreciation	`Depreciation`	$1.62K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$397.36K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$289.08K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$199.40K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$162.84K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-397.36K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-289.08K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-162.84K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-199.40K	USD	1 Quarter
Interest expense	`InterestExpenses`	-	USD	2 Qtrs
Interest expense	`InterestExpenses`	$-53.82K	USD	2 Qtrs
Interest expense	`InterestExpenses`	-	USD	1 Quarter
Interest expense	`InterestExpenses`	$-25.20K	USD	1 Quarter
Stock-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	$-35.00K	USD	1 Quarter
Stock-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	$-35.00K	USD	2 Qtrs
Stock-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	-	USD	2 Qtrs
Stock-based compensation	`EmployeeBenefitsAndShareBasedCompensation`	-	USD	1 Quarter
Loss from equity method investment	`GainLossOnInvestments`	$47.68K	USD	1 Quarter
Loss from equity method investment	`GainLossOnInvestments`	$279.11K	USD	1 Quarter
Loss from equity method investment	`GainLossOnInvestments`	$562.30K	USD	2 Qtrs
Loss from equity method investment	`GainLossOnInvestments`	$97.85K	USD	2 Qtrs
Total Other Expense	`NonoperatingIncomeExpense`	$597.30K	USD	2 Qtrs
Total Other Expense	`NonoperatingIncomeExpense`	$72.89K	USD	1 Quarter
Total Other Expense	`NonoperatingIncomeExpense`	$314.11K	USD	1 Quarter
Total Other Expense	`NonoperatingIncomeExpense`	$151.67K	USD	2 Qtrs
Loss from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-886.38K	USD	2 Qtrs
Loss from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-476.95K	USD	1 Quarter
Loss from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-272.29K	USD	1 Quarter
Loss from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-549.04K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-276.75K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-549.04K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-476.95K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-409.43K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-886.38K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-272.29K	USD	1 Quarter
Net Loss Per Share Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net Loss Per Share Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net Loss Per Share Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net Loss Per Share Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	88.56M	shares	2 Qtrs
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	88.12M	shares	1 Quarter
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	88.65M	shares	1 Quarter
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	85.35M	shares	2 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-276.75K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-549.04K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-476.95K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-409.43K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-886.38K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-272.29K	USD	1 Quarter
Depreciation	`Depreciation`	$3.08K	USD	2 Qtrs
Depreciation	`Depreciation`	$1.54K	USD	1 Quarter
Depreciation	`Depreciation`	$3.78K	USD	2 Qtrs
Depreciation	`Depreciation`	$1.62K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$35.00K	USD	2 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$-367.00	USD	2 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	-	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-562.30K	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-97.85K	USD	2 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	2 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$80.30K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-101.95K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$24.95K	USD	2 Qtrs
Security deposits	`SecurityDeposits`	$7.94K	USD	2 Qtrs
Accounts payable and accrued liabilities related party	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	-	USD	2 Qtrs
Accounts payable and accrued liabilities related party	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$136.16K	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	-	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$49.86K	USD	2 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$39.58K	USD	2 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$179.16K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-245.14K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-72.62K	USD	2 Qtrs
Common stock to be issued for cash	`ProceedsFromIssuanceOrSaleOfEquity`	$249.00K	USD	2 Qtrs
Common stock to be issued for cash	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$248.04K	USD	2 Qtrs
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$9.82K	USD	2 Qtrs
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	$1.90K	USD	2 Qtrs
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	$186.20K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$72.62K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$246.14K	USD	2 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	2 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.00K	USD	2 Qtrs
Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.00K	USD	Point-in-time
Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.00K	USD	Point-in-time
Cash, End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Common stock issued for services	`CommonStockIssuedForServices`	-	USD	2 Qtrs
Common stock issued for services	`CommonStockIssuedForServices`	$35.00K	USD	2 Qtrs
Common stock issued for prior year equity method investment	`TransferOfInvestments`	$5.50M	USD	2 Qtrs
Common stock issued for prior year equity method investment	`TransferOfInvestments`	-	USD	2 Qtrs
Common stock issued for prior year settlements	`StockIssued1`	-	USD	2 Qtrs
Common stock issued for prior year settlements	`StockIssued1`	$440.22K	USD	2 Qtrs
Common stock issued for debt extinguishment	`CommonStockIssuedForDebtExtinguishment`	-	USD	2 Qtrs
Common stock issued for debt extinguishment	`CommonStockIssuedForDebtExtinguishment`	$120.00K	USD	2 Qtrs
Equity method investment exchanged for forgiveness of related party note payable and accrued interest	`EquityMethodInvestmentExchangedForForgivenessOfRelatedPartyNotePayableAndAccruedInterest`	$1.06M	USD	2 Qtrs
Equity method investment exchanged for forgiveness of related party note payable and accrued interest	`EquityMethodInvestmentExchangedForForgivenessOfRelatedPartyNotePayableAndAccruedInterest`	-	USD	2 Qtrs

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$720.95K	USD	Point-in-time
Balance	`StockholdersEquity`	$6.38M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.13M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.31M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.73M	USD	Point-in-time
Common stock issued for settlements of debt and payables	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$440.22K	USD	1 Quarter
Issuance of common shares for equity method investment	`StockIssuedDuringPeriodValueNewIssues`	$5.50M	USD	1 Quarter
Common stock issued for compensation and debt extinguishment	`CommonStockIssuedForCompensationAndDebtExtinguishment`	$200.80K	USD	1 Quarter
Common stock for cash to be issued	`CommonStockForCashToBeIssued`	$147.00K	USD	1 Quarter
Common stock issued for cash	`StockIssuedDuringPeriodValueOther`	$102.00K	USD	1 Quarter
Common Shares issued for services	`CommonValueIssuedForServices`	$35.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-276.75K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-549.04K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-476.95K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-409.43K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-886.38K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-272.29K	USD	1 Quarter
Balance	`StockholdersEquity`	$720.95K	USD	Point-in-time
Balance	`StockholdersEquity`	$6.38M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.13M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.31M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.73M	USD	Point-in-time

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