10-Q Filing

DH ENCHANTMENT, INC. CIK: 1300781 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001683168-23-000843`
Period End Date	20221231
Filing Date	20230214
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	dh_i10q-123122_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 88 Cash Flow Statement 38 Stockholders Equity 30

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$111.40K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.95K	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$5.62K	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$81.00	USD	Point-in-time
Prepayments and other receivables	`PrepaidExpenseAndOtherAssetsCurrent`	$4.42K	USD	Point-in-time
Prepayments and other receivables	`PrepaidExpenseAndOtherAssetsCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$36.03K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$121.43K	USD	Point-in-time
Common stock value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$36.03K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$121.43K	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`	$279.51K	USD	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 marketing fee	`AccruedMarketingFee`	$226.37K	USD	Point-in-time
Accrued marketing fee	`AccruedMarketingFee`	$226.37K	USD	Point-in-time
Amount due to a director	`DueToOtherRelatedPartiesClassifiedCurrent`	$78.86K	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`	$84.64K	USD	Point-in-time
Promissory notes, related parties	`PromissoryNotesRelatedPartiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$479.07K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$802.94K	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`	$802.94K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$555.65K	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 December 31, 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 December 31, 2022 and March 31, 2022, respectively	`CommonStockValue`	$831.31K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$64.00	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.57K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.27M	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-709.01K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-247.78K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-251.75K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-699.26K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-766.91K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$-82.01K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$8.69K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$36.03K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$121.43K	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`Revenues`	$7.33K	USD	1 Quarter
Revenue, net	`Revenues`	$13.91K	USD	3 Qtrs
Revenue, net	`Revenues`	$176.66K	USD	3 Qtrs
Revenue, net	`Revenues`	$30.78K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$170.80K	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$6.11K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$9.86K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$8.35K	USD	3 Qtrs
Gross profit	`GrossProfit`	$5.56K	USD	3 Qtrs
Gross profit	`GrossProfit`	$5.87K	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.21K	USD	1 Quarter
Gross profit	`GrossProfit`	$20.92K	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	$226.37K	USD	3 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	-	USD	3 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	-	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$42.97K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$17.14K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$801.00	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$13.04K	USD	1 Quarter
Professional fee	`ProfessionalAndContractServicesExpense`	$93.99K	USD	3 Qtrs
Professional fee	`ProfessionalAndContractServicesExpense`	$15.22K	USD	1 Quarter
Professional fee	`ProfessionalAndContractServicesExpense`	$38.72K	USD	1 Quarter
Professional fee	`ProfessionalAndContractServicesExpense`	$216.11K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$16.02K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$259.08K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$51.76K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$337.49K	USD	3 Qtrs
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-50.55K	USD	1 Quarter
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-253.21K	USD	3 Qtrs
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$4.90K	USD	1 Quarter
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-331.94K	USD	3 Qtrs
Foreign exchange gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	-	USD	3 Qtrs
Foreign exchange gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	-	USD	1 Quarter
Foreign exchange gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	$46.00	USD	1 Quarter
Foreign exchange gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	$91.00	USD	3 Qtrs
Interest income	`IncomeTaxExaminationInterestExpense`	$-1.00	USD	1 Quarter
Interest income	`IncomeTaxExaminationInterestExpense`	$-1.00	USD	1 Quarter
Interest income	`IncomeTaxExaminationInterestExpense`	$-1.00	USD	3 Qtrs
Interest income	`IncomeTaxExaminationInterestExpense`	$-1.00	USD	3 Qtrs
Sundry income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Sundry income	`OtherNonoperatingIncomeExpense`	$8.93K	USD	3 Qtrs
Sundry income	`OtherNonoperatingIncomeExpense`	$-3.73K	USD	1 Quarter
Sundry income	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Interest expenses, related parties	`InterestExpenseRelatedParty`	$3.60K	USD	3 Qtrs
Interest expenses, related parties	`InterestExpenseRelatedParty`	$7.05K	USD	3 Qtrs
Interest expenses, related parties	`InterestExpenseRelatedParty`	$2.75K	USD	1 Quarter
Interest expenses, related parties	`InterestExpenseRelatedParty`	$961.00	USD	1 Quarter
Total (expense) income, net	`NonoperatingIncomeExpense`	$1.88K	USD	3 Qtrs
Total (expense) income, net	`NonoperatingIncomeExpense`	$-914.00	USD	1 Quarter
Total (expense) income, net	`NonoperatingIncomeExpense`	$-6.48K	USD	1 Quarter
Total (expense) income, net	`NonoperatingIncomeExpense`	$-3.50K	USD	3 Qtrs
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-57.03K	USD	1 Quarter
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-256.72K	USD	3 Qtrs
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-330.06K	USD	3 Qtrs
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.98K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-57.03K	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-256.72K	USD	3 Qtrs
NET (LOSS) INCOME	`ProfitLoss`	$3.98K	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-330.06K	USD	3 Qtrs
Foreign currency adjustment (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-861.00	USD	1 Quarter
Foreign currency adjustment (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$250.00	USD	3 Qtrs
Foreign currency adjustment (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.63K	USD	3 Qtrs
Foreign currency adjustment (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.00	USD	1 Quarter
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$-256.47K	USD	3 Qtrs
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$3.97K	USD	1 Quarter
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$-332.69K	USD	3 Qtrs
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$-57.89K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	831.31M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	831.31M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	725.42M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	831.31M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	725.42M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	831.31M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	831.31M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	831.31M	shares	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-57.03K	USD	1 Quarter
Net loss	`ProfitLoss`	$-256.72K	USD	3 Qtrs
Net loss	`ProfitLoss`	$3.98K	USD	1 Quarter
Net loss	`ProfitLoss`	$-330.06K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-812.00	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.54K	USD	3 Qtrs
Prepayments and other receivables	`IncreaseDecreaseInOtherReceivables`	$-4.42K	USD	3 Qtrs
Prepayments and other receivables	`IncreaseDecreaseInOtherReceivables`	-	USD	3 Qtrs
Accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$224.73K	USD	3 Qtrs
Accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$15.06K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-240.85K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-95.37K	USD	3 Qtrs
Advance from (repayment to) a director	`AdvanceFromRepaymentToDirector`	$14.50K	USD	3 Qtrs
Advance from (repayment to) a director	`AdvanceFromRepaymentToDirector`	$-3.08K	USD	3 Qtrs
Advance from a shareholder	`AdvanceFromShareholder`	-	USD	3 Qtrs
Advance from a shareholder	`AdvanceFromShareholder`	$133.56K	USD	3 Qtrs
Repayment to promissory notes, related party	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Repayment to promissory notes, related party	`RepaymentsOfNotesPayable`	$49.75K	USD	3 Qtrs
Proceeds from promissory notes, related parties	`ProceedsFromNotesPayable`	$57.41K	USD	3 Qtrs
Proceeds from promissory notes, related parties	`ProceedsFromNotesPayable`	$77.05K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.15K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$207.53K	USD	3 Qtrs
Foreign currency translation adjustment	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$144.00	USD	3 Qtrs
Foreign currency translation adjustment	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.22K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-33.18K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-75.44K	USD	3 Qtrs
BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.40K	USD	Point-in-time
BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.95K	USD	Point-in-time
BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.77K	USD	Point-in-time
BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.59K	USD	Point-in-time
END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.40K	USD	Point-in-time
END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.95K	USD	Point-in-time
END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.77K	USD	Point-in-time
END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.59K	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-709.01K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-247.78K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-251.75K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-699.26K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-766.91K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-82.01K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$8.69K	USD	Point-in-time
Conversion of preferred stock	`ConversionOfPreferredStock`	-	USD	1 Quarter
Fractional shares from reverse split	`FractionalSharesFromReverseSplit`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-1.71K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$254.00	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-11.00	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-58.00	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-861.00	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$7.00	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-264.98K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-8.04K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-169.99K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-90.71K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$3.98K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-57.03K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-709.01K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-247.78K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-251.75K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-699.26K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-766.91K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-82.01K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$8.69K	USD	Point-in-time

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