10-Q Filing

PINEAPPLE, INC. CIK: 1654672 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-019230`
Period End Date	20230331
Filing Date	20230526
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 28 Cash Flow Statement 53 Stockholders Equity 13

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
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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	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
Prepaid expense	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	71.76M	shares	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$5.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	71.16M	shares	Point-in-time
Lease receivable	`SalesTypeLeaseNetInvestmentInLease`	$45.60K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	71.16M	shares	Point-in-time
Lease receivable	`SalesTypeLeaseNetInvestmentInLease`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	71.76M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$50.60K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Security deposits	`SecurityDeposit`	$32.00K	USD	Point-in-time
Security deposits	`SecurityDeposit`	-	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.36K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$817.00	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$589.63K	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Total Assets	`Assets`	$673.05K	USD	Point-in-time
Total Assets	`Assets`	$2.36K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$399.07K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$398.49K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableCurrent`	$31.50K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableCurrent`	$31.50K	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	`SettlementLiabilitiesCurrent`	$615.00K	USD	Point-in-time
Settlement payable - related party	`SettlementLiabilitiesCurrent`	$615.00K	USD	Point-in-time
Due to affiliates	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Due to affiliates	`OtherLiabilitiesCurrent`	$148.00K	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
Operating lease liability	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$109.92K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.38M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.64M	USD	Point-in-time
Operating lease liability, non-current	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liability, non-current	`OperatingLeaseLiabilityNoncurrent`	$479.71K	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.38M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.12M	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, 71,763,569 shares and 71,163,569 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$7.00	USD	Point-in-time
Common stock, $0.0000001 par value, 500,000,000 shares authorized, 71,763,569 shares and 71,163,569 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$7.00	USD	Point-in-time
Subscription received shares to be issued	`SubscriptionReceivedSharesToBeIssued`	-	USD	Point-in-time
Subscription received shares to be issued	`SubscriptionReceivedSharesToBeIssued`	$-150.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$22.00M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$22.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.53M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.60M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-1.37M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$6.81M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-1.44M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$6.33M	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$673.05K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$2.36K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Sublease revenue	`SubleaseIncome`	$45.60K	USD	1 Quarter
Sublease revenue	`SubleaseIncome`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$578.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$68.32K	USD	1 Quarter
Lease expense	`LeaseCost`	$36.00K	USD	1 Quarter
Lease expense	`LeaseCost`	-	USD	1 Quarter
Management consulting fees - related parties	`ManagementConsultingFeesRelatedParties`	$59.00K	USD	1 Quarter
Management consulting fees - related parties	`ManagementConsultingFeesRelatedParties`	$75.00K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$1.60K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$1.54K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$128.92K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$113.12K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-128.92K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-67.52K	USD	1 Quarter
Income from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$504.14K	USD	1 Quarter
Income from equity-method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Total Other Income	`OtherNonoperatingIncomeExpense`	$504.14K	USD	1 Quarter
Total Other Income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Income (Loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$375.21K	USD	1 Quarter
Income (Loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-67.52K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-67.52K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$375.21K	USD	1 Quarter
Net Income (Loss) Per Share Basic and Diluted	`EarningsPerShareBasic`	-	USD	1 Quarter
Net Income (Loss) Per Share Basic and Diluted	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	71.46M	shares	1 Quarter
Weighted Average Common Shares Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	91.16M	shares	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-67.52K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$375.21K	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$1.54K	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$1.60K	USD	1 Quarter
Amortization of right-of-use assets	`FinanceLeaseRightOfUseAssetAmortization`	-	USD	1 Quarter
Amortization of right-of-use assets	`FinanceLeaseRightOfUseAssetAmortization`	$26.41K	USD	1 Quarter
Income from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$504.14K	USD	1 Quarter
Income from equity-method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Prepaid expense and security deposits	`IncreaseDecreaseInPrepaidExpenseAndSecurityDeposits`	$-37.00K	USD	1 Quarter
Prepaid expense and security deposits	`IncreaseDecreaseInPrepaidExpenseAndSecurityDeposits`	-	USD	1 Quarter
Prepaid expense and security deposits	`IncreaseDecreaseInPrepaidExpenseAndSecurityDeposits`	-	USD	Annual
Lease receivable	`IncreaseDecreaseInLeaseReceivable`	$45.60K	USD	1 Quarter
Lease receivable	`IncreaseDecreaseInLeaseReceivable`	-	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$26.18K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$578.00	USD	1 Quarter
Accounts payable related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$4.23K	USD	1 Quarter
Accounts payable related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-26.41K	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$93.28K	USD	1 Quarter
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$148.00K	USD	1 Quarter
Net cash used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.63K	USD	1 Quarter
Net cash used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Deposit on stock purchase agreement	`PaymentsForOtherDeposits`	$95.00K	USD	1 Quarter
Deposit on stock purchase agreement	`PaymentsForOtherDeposits`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-95.00K	USD	1 Quarter
Proceeds from stock subscription	`ProceedsFromStockSubscriptionReceived`	-	USD	1 Quarter
Proceeds from stock subscription	`ProceedsFromStockSubscriptionReceived`	$100.00K	USD	1 Quarter
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	$2.65K	USD	1 Quarter
Proceeds from related party notes payable	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Repayments of related party notes payable	`RepaymentsOfRelatedPartyDebt`	$4.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$98.65K	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$21.00	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.00	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`	$21.00	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	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Recognition of right-of-use assets	`RecognitionOfRightofuseAssets`	-	USD	1 Quarter
Recognition of right-of-use assets	`RecognitionOfRightofuseAssets`	$616.04K	USD	1 Quarter
Common stock issued on subscription received	`StockIssued1`	$150.00K	USD	1 Quarter
Common stock issued on subscription received	`StockIssued1`	-	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-1.37M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.81M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.44M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.33M	USD	Point-in-time
Common stock issued on subscription received	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Common stock issued on subscription received	`StockIssuedDuringPeriodValueNewIssues`	$100.00K	USD	1 Quarter
Common stock issued on subscription received, shares	`StockIssuedDuringPeriodSharesNewIssues`	2.50M	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-67.52K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$375.21K	USD	1 Quarter
Balance	`StockholdersEquity`	$-1.37M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.81M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.44M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.33M	USD	Point-in-time

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