10-Q Filing

PINEAPPLE EXPRESS CANNABIS CO CIK: 1710495 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001710495-20-000017`
Period End Date	20200731
Filing Date	20200902
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	none-20200731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 36 Cash Flow Statement 34 Stockholders Equity 5

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$511.00	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$15.98K	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$801.00	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.04K	USD	Point-in-time
Common stock shares issued and outstanding	`CommonStockSharesOutstanding`	2.95M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$16.49K	USD	Point-in-time
Common stock shares issued and outstanding	`CommonStockSharesOutstanding`	2.95M	shares	Point-in-time
Equipment, software, net	`PropertyPlantAndEquipmentNet`	$10.99K	USD	Point-in-time
Equipment, software, net	`PropertyPlantAndEquipmentNet`	$16.71K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$16.71K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$10.99K	USD	Point-in-time
Total Assets	`Assets`	$17.75K	USD	Point-in-time
Total Assets	`Assets`	$27.49K	USD	Point-in-time
Related party loan	`EmployeeRelatedLiabilitiesCurrent`	$33.09K	USD	Point-in-time
Related party loan	`EmployeeRelatedLiabilitiesCurrent`	$16.90K	USD	Point-in-time
Investments	`LongTermInvestments`	$-12.10K	USD	Point-in-time
Investments	`LongTermInvestments`	$-12.10K	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	-	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$7.53K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$36.53K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$45.19K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$45.19K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$36.53K	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, 2,950,000 and 2,950,000 shares issued and outstanding	`CommonStockSharesIssued`	2,950.00	shares	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 2,950,000 and 2,950,000 shares issued and outstanding	`CommonStockSharesIssued`	2,950.00	shares	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.81K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.81K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-14.81K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-33.20K	USD	Point-in-time
Total Stockholder's Deficit	`LiabilitiesAndStockholdersEquity`	$-27.44K	USD	Point-in-time
Total Stockholder's Deficit	`LiabilitiesAndStockholdersEquity`	$-9.04K	USD	Point-in-time
Total Liabilities and Stockholder's Equity	`Liabilities`	$17.75K	USD	Point-in-time
Total Liabilities and Stockholder's Equity	`Liabilities`	$27.49K	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$1.45K	USD	1 Quarter
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	$6.45K	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.45K	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.45K	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-8.41K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-11.38K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-2.94K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-18.40K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-18.40K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-8.41K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-11.38K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-2.94K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`ProfitLoss`	$-8.41K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`ProfitLoss`	$-18.40K	USD	2 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`ProfitLoss`	$-4.93K	USD	2 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`ProfitLoss`	$-1.49K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	2 Qtrs
NET INCOME/LOSS	`OperatingIncomeLoss`	$-8.41K	USD	1 Quarter
NET INCOME/LOSS	`OperatingIncomeLoss`	$-4.93K	USD	2 Qtrs
NET INCOME/LOSS	`OperatingIncomeLoss`	$-18.40K	USD	2 Qtrs
NET INCOME/LOSS	`OperatingIncomeLoss`	$-1.49K	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
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
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`	2.83M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.95M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.83M	shares	2 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Income	`OperatingIncomeLoss`	$-8.41K	USD	1 Quarter
Net Income	`OperatingIncomeLoss`	$-4.93K	USD	2 Qtrs
Net Income	`OperatingIncomeLoss`	$-18.40K	USD	2 Qtrs
Net Income	`OperatingIncomeLoss`	$-1.49K	USD	1 Quarter
Depreciation	`Depreciation`	-	USD	2 Qtrs
Depreciation	`Depreciation`	$7.87K	USD	2 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-450.00	USD	2 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$15.18K	USD	2 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-1.12K	USD	2 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	2 Qtrs
Change in customer deposits	`IncreaseDecreaseInCustomerDeposits`	-	USD	2 Qtrs
Change in customer deposits	`IncreaseDecreaseInCustomerDeposits`	$-7.53K	USD	2 Qtrs
Change in deferred income tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Change in deferred income tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-2.88K	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-6.51K	USD	2 Qtrs
Purchase of Fixed Assets	`PaymentsToAcquireOtherProductiveAssets`	$-13.58K	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`	$-13.58K	USD	2 Qtrs
Related party loan	`PaymentsToAcquireLoansReceivable`	$16.18K	USD	2 Qtrs
Related party loan	`PaymentsToAcquireLoansReceivable`	$6.05K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$6.05K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$16.18K	USD	2 Qtrs
NET CHANGE IN CASH	`OtherNoncashIncomeExpense`	$-456.00	USD	2 Qtrs
NET CHANGE IN CASH	`OtherNoncashIncomeExpense`	$-272.00	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$696.00	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$511.00	USD	Point-in-time
Cash, end of period	`Cash`	$240.00	USD	Point-in-time
Cash, end of period	`Cash`	$239.00	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 5 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-9.04K	USD	Point-in-time
Balance	`StockholdersEquity`	$-27.44K	USD	Point-in-time
Net loss for the six months	`NetIncomeLoss`	$-18.40K	USD	2 Qtrs
Balance	`StockholdersEquity`	$-9.04K	USD	Point-in-time
Balance	`StockholdersEquity`	$-27.44K	USD	Point-in-time

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