10-Q Filing

DH ENCHANTMENT, INC. CIK: 1300781 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001683168-22-005711`
Period End Date	20220630
Filing Date	20220815
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	dhenchant_i10q-063022_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 40 Cash Flow Statement 32 Stockholders Equity 12

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$115.09K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$111.40K	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$5.62K	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Prepayments and other receivables	`PrepaidExpenseAndOtherAssetsCurrent`	$4.42K	USD	Point-in-time
Prepayments and other receivables	`PrepaidExpenseAndOtherAssetsCurrent`	$4.42K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$121.43K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$119.51K	USD	Point-in-time
Common stock value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$121.43K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$119.51K	USD	Point-in-time
Common stock value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	4.40B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	4.40B	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	831.31M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	831.31M	shares	Point-in-time
Accrued liabilities and other payables	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$54.78K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	831.31M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	831.31M	shares	Point-in-time
Accrued liabilities and other payables	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$90.00K	USD	Point-in-time
Accrued marketing fee	`AccruedMarketingFee`	$452.73K	USD	Point-in-time
Accrued marketing fee	`AccruedMarketingFee`	$226.37K	USD	Point-in-time
Amount due to a director	`DueToOtherRelatedPartiesClassifiedCurrent`	$65.89K	USD	Point-in-time
Amount due to a director	`DueToOtherRelatedPartiesClassifiedCurrent`	$64.36K	USD	Point-in-time
Note payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$133.56K	USD	Point-in-time
Note payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$133.56K	USD	Point-in-time
Promissory notes, related parties	`PromissoryNotesRelatedPartiesCurrent`	-	USD	Point-in-time
Promissory notes, related parties	`PromissoryNotesRelatedPartiesCurrent`	$76.58K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$479.07K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$818.77K	USD	Point-in-time
Promissory notes, related parties	`PromissoryNotesRelatedPartiesNoncurrent`	-	USD	Point-in-time
Promissory notes, related parties	`PromissoryNotesRelatedPartiesNoncurrent`	$76.58K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$76.58K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	-	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$555.65K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$818.77K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 4,400,000,000 shares authorized; 831,310,013 shares issued and outstanding as of June 30, 2022 and March 31, 2022, respectively	`CommonStockValue`	$831.31K	USD	Point-in-time
Common stock, $0.001 par value; 4,400,000,000 shares authorized; 831,310,013 shares issued and outstanding as of June 30, 2022 and March 31, 2022, respectively	`CommonStockValue`	$831.31K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$64.00	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.00	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.54M	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$8.69K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-82.01K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-699.26K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$121.43K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$119.51K	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Revenue, net	`Revenues`	$1.75K	USD	1 Quarter
Revenue, net	`Revenues`	$99.81K	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$88.23K	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.23K	USD	1 Quarter
Gross profit	`GrossProfit`	$517.00	USD	1 Quarter
Gross profit	`GrossProfit`	$11.58K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	-	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$226.37K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$214.00	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$38.35K	USD	1 Quarter
Professional fee	`ProfessionalAndContractServicesExpense`	$63.32K	USD	1 Quarter
Professional fee	`ProfessionalAndContractServicesExpense`	$49.94K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$276.52K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$101.67K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-90.09K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-276.00K	USD	1 Quarter
Sundry income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Sundry income	`OtherNonoperatingIncome`	$12.60K	USD	1 Quarter
Interest expenses, related parties	`InterestExpenseRelatedParty`	$1.57K	USD	1 Quarter
Interest expenses, related parties	`InterestExpenseRelatedParty`	$621.00	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-621.00	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$11.02K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`ProfitLoss`	$-264.98K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`ProfitLoss`	$-90.71K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-90.71K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-264.98K	USD	1 Quarter
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.00	USD	1 Quarter
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-58.00	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-90.70K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-265.04K	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	831.31M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	511.31M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.31M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	831.31M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-90.71K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-264.98K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.62K	USD	1 Quarter
Prepayments and other receivables	`IncreaseDecreaseInOtherReceivables`	-	USD	1 Quarter
Prepayments and other receivables	`IncreaseDecreaseInOtherReceivables`	$2.09K	USD	1 Quarter
Accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$54.47K	USD	1 Quarter
Accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$261.59K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.23K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.33K	USD	1 Quarter
Advance from a director	`AdvanceFromDirector`	$1.53K	USD	1 Quarter
Advance from a director	`AdvanceFromDirector`	$3.83K	USD	1 Quarter
Proceeds from promissory notes, related parties	`ProceedsFromNotesPayable`	$77.27K	USD	1 Quarter
Proceeds from promissory notes, related parties	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.53K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$81.09K	USD	1 Quarter
Foreign currency translation adjustment	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.00	USD	1 Quarter
Foreign currency translation adjustment	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-58.00	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.69K	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$42.77K	USD	1 Quarter
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.40K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$115.09K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.77K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$115.54K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.40K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$115.09K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.77K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$115.54K	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$8.69K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-82.01K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-699.26K	USD	Point-in-time
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$7.00	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-58.00	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-90.71K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-264.98K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$8.69K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-82.01K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-699.26K	USD	Point-in-time

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