10-Q Filing

PINEAPPLE, INC. CIK: 1654672 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001493152-22-023571`
Period End Date	20220630
Filing Date	20220819
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 54 Cash Flow Statement 60 Stockholders Equity 23

Balance Sheet 70 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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deposit on stock purchase agreement related party	`DepositsAssetsCurrent`	$100.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deposit on stock purchase agreement related party	`DepositsAssetsCurrent`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$100.00K	USD	Point-in-time
Property and equipment (net of depreciation)	`PropertyPlantAndEquipmentNet`	$5.33K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Property and equipment (net of depreciation)	`PropertyPlantAndEquipmentNet`	$8.52K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Equity-method investment	`EquityMethodInvestments`	$10.03M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	91.16M	shares	Point-in-time
Equity-method investment	`EquityMethodInvestments`	$9.29M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	91.16M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	91.16M	shares	Point-in-time
Total Assets	`Assets`	$9.40M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	91.16M	shares	Point-in-time
Total Assets	`Assets`	$10.03M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$715.55K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$706.35K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableAndAccruedLiabilitiesRelatedPartyCurrent`	$16.50K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableAndAccruedLiabilitiesRelatedPartyCurrent`	$52.25K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$6.77K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$6.77K	USD	Point-in-time
Settlement payable - related party	`SettlementPayableRelatedPartyCurrent`	$615.00K	USD	Point-in-time
Settlement payable - related party	`SettlementPayableRelatedPartyCurrent`	$615.00K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$529.95K	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$621.12K	USD	Point-in-time
Notes payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$744.65K	USD	Point-in-time
Notes payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$886.92K	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`	$105.52K	USD	Point-in-time
Contingent liabilities	`LossContingencyAccrualCarryingValueCurrent`	$105.52K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.04M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.07M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.07M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.04M	USD	Point-in-time
Commitments and contingencies (note 12)	`CommitmentsAndContingencies`	-	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, 91,163,569 shares issued and outstanding as of June 30, 2022, and December 30, 2021, respectively	`CommonStockValue`	$9.00	USD	Point-in-time
Common stock, $0.0000001 par value, 500,000,000 shares authorized, 91,163,569 shares issued and outstanding as of June 30, 2022, and December 30, 2021, respectively	`CommonStockValue`	$9.00	USD	Point-in-time
Stock payable	`StockPayable`	$150.00K	USD	Point-in-time
Stock payable	`StockPayable`	-	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$22.00M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$22.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.67M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.81M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.33M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.99M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.13M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.73M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.47M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$10.03M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$9.40M	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$255.46K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$321.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$128.14K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$196.30K	USD	1 Quarter
Depreciation	`Depreciation`	$3.20K	USD	2 Qtrs
Depreciation	`Depreciation`	$3.08K	USD	2 Qtrs
Depreciation	`Depreciation`	$1.54K	USD	1 Quarter
Depreciation	`Depreciation`	$1.60K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$258.66K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$197.84K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$324.08K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$129.74K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-258.66K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-324.08K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-129.74K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-197.84K	USD	1 Quarter
Income (loss) from equity method investment	`GainLossOnInvestments`	$741.36K	USD	2 Qtrs
Income (loss) from equity method investment	`GainLossOnInvestments`	$-279.11K	USD	1 Quarter
Income (loss) from equity method investment	`GainLossOnInvestments`	$-562.30K	USD	2 Qtrs
Income (loss) from equity method investment	`GainLossOnInvestments`	$237.23K	USD	1 Quarter
Gain on forgiveness of related party note payable	`GainLossOnForgivenessOfRelatedPartyNotePayable`	$30.00K	USD	1 Quarter
Gain on forgiveness of related party note payable	`GainLossOnForgivenessOfRelatedPartyNotePayable`	$30.00K	USD	2 Qtrs
Gain on forgiveness of related party note payable	`GainLossOnForgivenessOfRelatedPartyNotePayable`	-	USD	2 Qtrs
Gain on forgiveness of related party note payable	`GainLossOnForgivenessOfRelatedPartyNotePayable`	-	USD	1 Quarter
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-279.11K	USD	1 Quarter
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-562.30K	USD	2 Qtrs
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$771.36K	USD	2 Qtrs
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$267.23K	USD	1 Quarter
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$137.49K	USD	1 Quarter
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$512.71K	USD	2 Qtrs
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-886.38K	USD	2 Qtrs
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-476.95K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-886.38K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$512.71K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-409.43K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-476.95K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$375.21K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$137.49K	USD	1 Quarter
Net Income (Loss) Per Share Basic and Diluted	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Net Income (Loss) Per Share Basic and Diluted	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Net Income (Loss) Per Share Basic and Diluted	`EarningsPerShareBasic`	-	USD	1 Quarter
Net Income (Loss) Per Share Basic and Diluted	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	91.16M	shares	2 Qtrs
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	91.16M	shares	1 Quarter
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	88.56M	shares	2 Qtrs
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	88.65M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-886.38K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$512.71K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-409.43K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-476.95K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$375.21K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$137.49K	USD	1 Quarter
Depreciation	`Depreciation`	$3.20K	USD	2 Qtrs
Depreciation	`Depreciation`	$3.08K	USD	2 Qtrs
Depreciation	`Depreciation`	$1.54K	USD	1 Quarter
Depreciation	`Depreciation`	$1.60K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$35.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Loss (income) from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$741.36K	USD	2 Qtrs
Loss (income) from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$-562.30K	USD	2 Qtrs
Gain on forgiveness of related party note payable	`GainLossOnForgivenessOfRelatedPartyNotePayable`	$30.00K	USD	1 Quarter
Gain on forgiveness of related party note payable	`GainLossOnForgivenessOfRelatedPartyNotePayable`	$30.00K	USD	2 Qtrs
Gain on forgiveness of related party note payable	`GainLossOnForgivenessOfRelatedPartyNotePayable`	-	USD	2 Qtrs
Gain on forgiveness of related party note payable	`GainLossOnForgivenessOfRelatedPartyNotePayable`	-	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-101.95K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$26.35K	USD	2 Qtrs
Accounts payable related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$35.75K	USD	2 Qtrs
Accounts payable related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$136.16K	USD	2 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$179.16K	USD	2 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$91.18K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-102.19K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-72.62K	USD	2 Qtrs
Deposit on stock purchase agreement	`DepositInStockPurchaseAgreement`	-	USD	2 Qtrs
Deposit on stock purchase agreement	`DepositInStockPurchaseAgreement`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds for stock subscription received	`ProceedsFromStockSubscriptionReceived`	$249.00K	USD	2 Qtrs
Proceeds for stock subscription received	`ProceedsFromStockSubscriptionReceived`	$150.00K	USD	2 Qtrs
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$9.82K	USD	2 Qtrs
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$4.18K	USD	2 Qtrs
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	$52.00K	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`	$102.19K	USD	2 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	2 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	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`	-	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`	-	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
Liabilities settled by affiliate	`LiabilitiesSettledByAffiliate`	-	USD	2 Qtrs
Liabilities settled by affiliate	`LiabilitiesSettledByAffiliate`	$35.55K	USD	2 Qtrs
Common stock issued for services	`CommonStockIssuedForServices`	-	USD	2 Qtrs
Common stock issued for services	`CommonStockIssuedForServices`	$35.00K	USD	2 Qtrs
Gain on forgiveness of related party note payable	`GainOnForgivenessOfRelatedPartyNotePayable`	-	USD	2 Qtrs
Gain on forgiveness of related party note payable	`GainOnForgivenessOfRelatedPartyNotePayable`	$30.00K	USD	2 Qtrs
Termination of stock purchase agreement	`TerminationOfStockPurchaseAgreement`	-	USD	2 Qtrs
Termination of stock purchase agreement	`TerminationOfStockPurchaseAgreement`	$100.00K	USD	2 Qtrs

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$6.81M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.33M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.99M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.13M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.73M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.47M	USD	Point-in-time
Common stock subscription received	`CommonStockSubscriptionReceived`	$35.00K	USD	1 Quarter
Common stock subscription received	`CommonStockSubscriptionReceived`	$50.00K	USD	1 Quarter
Common stock subscription received	`CommonStockSubscriptionReceived`	$147.00K	USD	1 Quarter
Common stock subscription received	`CommonStockSubscriptionReceived`	$100.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-886.38K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$512.71K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-409.43K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-476.95K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$375.21K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$137.49K	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$102.00K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$6.81M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.33M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.99M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.13M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.73M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.47M	USD	Point-in-time

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