10-Q Filing

PINEAPPLE EXPRESS CANNABIS CO CIK: 1710495 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001710495-19-000011`
Period End Date	20190731
Filing Date	20190909
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	none-20190731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 36 Cash Flow Statement 34 Stockholders Equity 10

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$240.00	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$696.00	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	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
Prepaid expenses	`PrepaidExpenseCurrent`	$450.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$696.00	USD	Point-in-time
Common stock shares issued and outstanding	`CommonStockSharesOutstanding`	2.83M	shares	Point-in-time
Common stock shares issued and outstanding	`CommonStockSharesOutstanding`	2.83M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$690.00	USD	Point-in-time
Total Assets	`Assets`	$690.00	USD	Point-in-time
Total Assets	`Assets`	$696.00	USD	Point-in-time
Related party loan	`EmployeeRelatedLiabilitiesCurrent`	$14.70K	USD	Point-in-time
Related party loan	`EmployeeRelatedLiabilitiesCurrent`	$8.65K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.70K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$9.78K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$9.78K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$14.70K	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; 75,000,000 shares authorized, 2,830,000 and 2,830,000 shares issued and outstanding	`CommonStockSharesIssued`	2,830.00	shares	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 2,830,000 and 2,830,000 shares issued and outstanding	`CommonStockSharesIssued`	2,830.00	shares	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$570.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$570.00	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-12.48K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-17.41K	USD	Point-in-time
Total Stockholder's Deficit	`Liabilities`	$-9.08K	USD	Point-in-time
Total Stockholder's Deficit	`Liabilities`	$-14.01K	USD	Point-in-time
Total Liabilities and Stockholder's Equity	`LiabilitiesAndStockholdersEquity`	$696.00	USD	Point-in-time
Total Liabilities and Stockholder's Equity	`LiabilitiesAndStockholdersEquity`	$690.00	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$1.45K	USD	1 Quarter
REVENUES	`Revenues`	$11.65K	USD	2 Qtrs
REVENUES	`Revenues`	$6.45K	USD	2 Qtrs
REVENUES	`Revenues`	$3.85K	USD	1 Quarter
Gross Profit	`GrossProfit`	$3.85K	USD	1 Quarter
Gross Profit	`GrossProfit`	$11.65K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$1.45K	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.45K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-5.09K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-11.38K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-10.27K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-2.94K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-10.27K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-5.09K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-2.94K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-11.38K	USD	2 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-1.49K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$1.38K	USD	2 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-1.24K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-4.93K	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	$289.00	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME/LOSS	`ProfitLoss`	$-1.24K	USD	1 Quarter
NET INCOME/LOSS	`ProfitLoss`	$1.09K	USD	2 Qtrs
NET INCOME/LOSS	`ProfitLoss`	$-1.49K	USD	1 Quarter
NET INCOME/LOSS	`ProfitLoss`	$-4.93K	USD	2 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.83M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.83M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.80M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.80M	shares	2 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$-1.49K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.09K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$-4.93K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-4.93K	USD	2 Qtrs
Depreciation	`Depreciation`	-	USD	2 Qtrs
Depreciation	`Depreciation`	$2.57K	USD	2 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$225.00	USD	2 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-450.00	USD	2 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	2 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-1.12K	USD	2 Qtrs
Change in deferred revenue	`RecognitionOfDeferredRevenue`	$-2.80K	USD	2 Qtrs
Change in deferred revenue	`RecognitionOfDeferredRevenue`	-	USD	2 Qtrs
Change in deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$289.00	USD	2 Qtrs
Change in deferred income tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$1.37K	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-6.51K	USD	2 Qtrs
Purchase of Fixed Assets	`PaymentsToAcquireOtherProductiveAssets`	$-920.00	USD	2 Qtrs
Purchase of Fixed Assets	`PaymentsToAcquireOtherProductiveAssets`	-	USD	2 Qtrs
CASH FLOWS USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
CASH FLOWS USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-920.00	USD	2 Qtrs
Related party loan	`PaymentsToAcquireLoansReceivable`	$6.05K	USD	2 Qtrs
Related party loan	`PaymentsToAcquireLoansReceivable`	-	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$6.05K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
NET CHANGE IN CASH	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$447.00	USD	2 Qtrs
NET CHANGE IN CASH	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-456.00	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$626.00	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$696.00	USD	Point-in-time
Cash, end of period	`Cash`	$1.07K	USD	Point-in-time
Cash, end of period	`Cash`	$240.00	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquity`	$-9.08K	USD	Point-in-time
Balances	`StockholdersEquity`	$-12.52K	USD	Point-in-time
Balances	`StockholdersEquity`	$-14.01K	USD	Point-in-time
Net Income	`NetIncomeLoss`	$-1.49K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.09K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$-4.93K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-4.93K	USD	2 Qtrs
Balances	`StockholdersEquity`	$-9.08K	USD	Point-in-time
Balances	`StockholdersEquity`	$-12.52K	USD	Point-in-time
Balances	`StockholdersEquity`	$-14.01K	USD	Point-in-time

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