10-Q Filing

PINEAPPLE EXPRESS CANNABIS CO CIK: 1710495 Q3 2024

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-046439`
Period End Date	20231031
Filing Date	20231229
Fiscal Year	2024
Fiscal Period	Q3
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 60 Cash Flow Statement 32 Stockholders Equity 17

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.34M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	19.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	19.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.34M	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
Due from related party	`OtherReceivables`	$88.30K	USD	Point-in-time
Due from related party	`OtherReceivables`	-	USD	Point-in-time
Total Other Current Assets	`OtherCurrentAssets`	$88.30K	USD	Point-in-time
Total Other Current Assets	`OtherCurrentAssets`	-	USD	Point-in-time
Equipment, software, leasehold improvement, net	`PropertyPlantAndEquipmentNet`	$2.30K	USD	Point-in-time
Equipment, software, leasehold improvement, net	`PropertyPlantAndEquipmentNet`	$1.96K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$1.96K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$2.30K	USD	Point-in-time
Investment in subsidiary	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$985.74K	USD	Point-in-time
Investment in subsidiary	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	-	USD	Point-in-time
Total Other Assets	`OtherNoncurrentAssets`	-	USD	Point-in-time
Total Other Assets	`OtherNoncurrentAssets`	$985.74K	USD	Point-in-time
Total Assets	`Assets`	$2.30K	USD	Point-in-time
Total Assets	`Assets`	$1.08M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.31K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$15.67K	USD	Point-in-time
Related party loan	`OtherLiabilitiesCurrent`	$45.34K	USD	Point-in-time
Related party loan	`OtherLiabilitiesCurrent`	-	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`	$19.64K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$688.30K	USD	Point-in-time
Retained Earnings / (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$351.67K	USD	Point-in-time
Retained Earnings / (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-583.00K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-65.89K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-69.66K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-58.91K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-544.35K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$919.16K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$1.06M	USD	Point-in-time
Total Liabilities and Stockholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$1.08M	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`	$5.38K	USD	3 Qtrs
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	3 Qtrs
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$735.00	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$735.00	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	3 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$5.38K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.50K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$51.07K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.12K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.14K	USD	3 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$16.14K	USD	3 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$51.07K	USD	3 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$4.50K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$2.12K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.12K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.77K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-10.76K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-51.07K	USD	3 Qtrs
Income from equity-method investment	`GainLossOnInvestments`	-	USD	3 Qtrs
Income from equity-method investment	`GainLossOnInvestments`	-	USD	1 Quarter
Income from equity-method investment	`GainLossOnInvestments`	$143.28K	USD	1 Quarter
Income from equity-method investment	`GainLossOnInvestments`	$985.74K	USD	3 Qtrs
Total Other Income	`NonoperatingIncomeExpense`	$985.74K	USD	3 Qtrs
Total Other Income	`NonoperatingIncomeExpense`	$143.28K	USD	1 Quarter
Total Other Income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total Other Income	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.77K	USD	1 Quarter
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$143.28K	USD	1 Quarter
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$934.67K	USD	3 Qtrs
Income (loss) from operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.76K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-10.76K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-3.77K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$141.16K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$934.67K	USD	3 Qtrs
NET INCOME (LOSS) PER SHARE: BASIC	`EarningsPerShareBasic`	-	USD	3 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: BASIC	`EarningsPerShareBasic`	$0.04	USD	3 Qtrs
NET INCOME (LOSS) PER SHARE: DILUTED	`EarningsPerShareDiluted`	$0.04	USD	3 Qtrs
NET INCOME (LOSS) PER SHARE: DILUTED	`EarningsPerShareDiluted`	-	USD	3 Qtrs
NET INCOME (LOSS) PER SHARE: DILUTED	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: DILUTED	`EarningsPerShareDiluted`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	3.73M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	20.34M	shares	3 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: DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.34M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.73M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.34M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.73M	shares	3 Qtrs

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-10.76K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.77K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$141.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$934.67K	USD	3 Qtrs
Depreciation	`Depreciation`	$2.82K	USD	3 Qtrs
Depreciation	`Depreciation`	$345.00	USD	3 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.35K	USD	3 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.37K	USD	3 Qtrs
Income from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$985.74K	USD	3 Qtrs
Income from equity-method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-12.29K	USD	3 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-36.36K	USD	3 Qtrs
Related party loan	`ProceedsFromRelatedPartyDebt`	$7.43K	USD	3 Qtrs
Related party loan	`ProceedsFromRelatedPartyDebt`	$36.36K	USD	3 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$7.43K	USD	3 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$36.36K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.85K	USD	3 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$415.00	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.27K	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`	$415.00	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.27K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-65.89K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-69.66K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-58.91K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-544.35K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$919.16K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$1.06M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-10.76K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.77K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$141.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$934.67K	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$670.00K	USD	3 Qtrs
Ending balance, value	`StockholdersEquity`	$-65.89K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-69.66K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-58.91K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-544.35K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$919.16K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$1.06M	USD	Point-in-time

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