10-Q Filing

PINEAPPLE EXPRESS CANNABIS CO CIK: 1710495 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-034576`
Period End Date	20230731
Filing Date	20230928
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 60 Cash Flow Statement 32 Stockholders Equity 17

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Common stock value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock shares authorised	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock shares authorised	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	20.34M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	19.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	20.34M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	19.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Investment in subsidiary	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$842.46K	USD	Point-in-time
Investment in subsidiary	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	-	USD	Point-in-time
Due from related party	`OtherReceivables`	-	USD	Point-in-time
Due from related party	`OtherReceivables`	$90.30K	USD	Point-in-time
Total Other Assets	`OtherAssets`	$932.76K	USD	Point-in-time
Total Other Assets	`OtherAssets`	-	USD	Point-in-time
Equipment, software, leasehold improvement, net	`PropertyPlantAndEquipmentNet`	$2.07K	USD	Point-in-time
Equipment, software, leasehold improvement, net	`PropertyPlantAndEquipmentNet`	$2.30K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$2.07K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$2.30K	USD	Point-in-time
Total Assets	`Assets`	$934.83K	USD	Point-in-time
Total Assets	`Assets`	$2.30K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$15.67K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.31K	USD	Point-in-time
Related party loan	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Related party loan	`OtherLiabilitiesCurrent`	$45.34K	USD	Point-in-time
Deposit for stock purchase	`Deposits`	-	USD	Point-in-time
Deposit for stock purchase	`Deposits`	$500.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$15.67K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$546.65K	USD	Point-in-time
Total Liabilities	`Liabilities`	$546.65K	USD	Point-in-time
Total Liabilities	`Liabilities`	$15.67K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 20,344,550 and 19,004,550 shares issued and outstanding, respectively	`CommonStockValue`	$20.34K	USD	Point-in-time
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 20,344,550 and 19,004,550 shares issued and outstanding, respectively	`CommonStockValue`	$19.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$688.30K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$19.64K	USD	Point-in-time
Retained Earnings / (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-583.00K	USD	Point-in-time
Retained Earnings / (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$210.51K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-64.53K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-65.89K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$919.16K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-544.35K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-58.91K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$305.25K	USD	Point-in-time
Total Liabilities and Stockholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$934.83K	USD	Point-in-time
Total Liabilities and Stockholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$2.30K	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.65K	USD	2 Qtrs
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$4.65K	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$11.64K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$48.95K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.36K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$19.25K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$48.95K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$19.25K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$1.36K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$11.64K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-6.99K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-19.25K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.36K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-48.95K	USD	2 Qtrs
Income from equity-method investment	`GainLossOnInvestments`	-	USD	2 Qtrs
Income from equity-method investment	`GainLossOnInvestments`	-	USD	1 Quarter
Income from equity-method investment	`GainLossOnInvestments`	$842.46K	USD	2 Qtrs
Income from equity-method investment	`GainLossOnInvestments`	$633.16K	USD	1 Quarter
Total Other Income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total Other Income	`NonoperatingIncomeExpense`	$842.46K	USD	2 Qtrs
Total Other Income	`NonoperatingIncomeExpense`	$633.16K	USD	1 Quarter
Total Other Income	`NonoperatingIncomeExpense`	-	USD	2 Qtrs
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$613.91K	USD	1 Quarter
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.36K	USD	1 Quarter
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$793.51K	USD	2 Qtrs
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.99K	USD	2 Qtrs
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`	$-6.99K	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$793.51K	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$613.91K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-1.36K	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: BASIC	`EarningsPerShareBasic`	$0.04	USD	2 Qtrs
NET INCOME (LOSS) PER SHARE: BASIC	`EarningsPerShareBasic`	-	USD	2 Qtrs
NET INCOME (LOSS) PER SHARE: BASIC	`EarningsPerShareBasic`	-	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: BASIC	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: DILUTED	`EarningsPerShareDiluted`	-	USD	2 Qtrs
NET INCOME (LOSS) PER SHARE: DILUTED	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: DILUTED	`EarningsPerShareDiluted`	-	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: DILUTED	`EarningsPerShareDiluted`	$0.04	USD	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	3.73M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	20.34M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	3.73M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	20.34M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.34M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.73M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.34M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.73M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-6.99K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$793.51K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$613.91K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.36K	USD	1 Quarter
Depreciation	`Depreciation`	$1.88K	USD	2 Qtrs
Depreciation	`Depreciation`	$230.00	USD	2 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.45K	USD	2 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.37K	USD	2 Qtrs
Income from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$842.46K	USD	2 Qtrs
Income from equity-method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-9.55K	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-34.36K	USD	2 Qtrs
Related party loan	`ProceedsFromRelatedPartyDebt`	$4.33K	USD	2 Qtrs
Related party loan	`ProceedsFromRelatedPartyDebt`	$34.36K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$34.36K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$4.33K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-5.22K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	-	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.27K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.00	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.27K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.00	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-64.53K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-65.89K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$919.16K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-544.35K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-58.91K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$305.25K	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-6.99K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$793.51K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$613.91K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.36K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$670.00K	USD	2 Qtrs
Ending balance, value	`StockholdersEquity`	$-64.53K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-65.89K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$919.16K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-544.35K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-58.91K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$305.25K	USD	Point-in-time

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