10-Q Filing

PINEAPPLE EXPRESS CANNABIS CO CIK: 1710495 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001710495-20-000029`
Period End Date	20201031
Filing Date	20201221
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	none-20201031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 40 Cash Flow Statement 34 Stockholders Equity 5

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$511.00	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.42K	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$15.98K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.29K	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 and outstanding	`CommonStockSharesOutstanding`	2.95M	shares	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
Total Current Assets	`AssetsCurrent`	$7.71K	USD	Point-in-time
Equipment, software, net	`PropertyPlantAndEquipmentNet`	$10.99K	USD	Point-in-time
Equipment, software, net	`PropertyPlantAndEquipmentNet`	$18.20K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$10.99K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$18.20K	USD	Point-in-time
Total Assets	`Assets`	$27.49K	USD	Point-in-time
Total Assets	`Assets`	$25.91K	USD	Point-in-time
Related party loan	`EmployeeRelatedLiabilitiesCurrent`	$36.13K	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`	$48.23K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$36.53K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$48.23K	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`	$-28.09K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-14.81K	USD	Point-in-time
Total Stockholder's Deficit	`LiabilitiesAndStockholdersEquity`	$-22.33K	USD	Point-in-time
Total Stockholder's Deficit	`LiabilitiesAndStockholdersEquity`	$-9.04K	USD	Point-in-time
Total Liabilities and Stockholder's Equity	`Liabilities`	$25.91K	USD	Point-in-time
Total Liabilities and Stockholder's Equity	`Liabilities`	$27.49K	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$35.92K	USD	3 Qtrs
REVENUES	`Revenues`	$24.25K	USD	1 Quarter
REVENUES	`Revenues`	$24.25K	USD	3 Qtrs
REVENUES	`Revenues`	$29.47K	USD	1 Quarter
Costs of Revenues	`CostsOfRevenues`	$7.78K	USD	1 Quarter
Costs of Revenues	`CostsOfRevenues`	$5.61K	USD	3 Qtrs
Costs of Revenues	`CostsOfRevenues`	$7.78K	USD	3 Qtrs
Costs of Revenues	`CostsOfRevenues`	$5.58K	USD	1 Quarter
Gross Profit	`GrossProfit`	$21.70K	USD	1 Quarter
Gross Profit	`GrossProfit`	$28.14K	USD	3 Qtrs
Gross Profit	`GrossProfit`	$18.66K	USD	1 Quarter
Gross Profit	`GrossProfit`	$18.64K	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-7.83K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-19.21K	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-13.56K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$-31.93K	USD	3 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-31.93K	USD	3 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-19.21K	USD	3 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-13.56K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$-7.83K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`ProfitLoss`	$13.86K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`ProfitLoss`	$8.93K	USD	3 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`ProfitLoss`	$5.11K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`ProfitLoss`	$-13.29K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	$1.88K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	$2.91K	USD	1 Quarter
NET INCOME/LOSS	`NetIncomeLossAllocatedToLimitedPartners`	$10.95K	USD	1 Quarter
NET INCOME/LOSS	`NetIncomeLossAllocatedToLimitedPartners`	$-13.29K	USD	3 Qtrs
NET INCOME/LOSS	`NetIncomeLossAllocatedToLimitedPartners`	$5.11K	USD	1 Quarter
NET INCOME/LOSS	`NetIncomeLossAllocatedToLimitedPartners`	$7.06K	USD	3 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.83M	shares	3 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	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.83M	shares	3 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Income	`OperatingIncomeLoss`	$-13.29K	USD	3 Qtrs
Net Income	`OperatingIncomeLoss`	$7.06K	USD	3 Qtrs
Depreciation	`Depreciation`	-	USD	3 Qtrs
Depreciation	`Depreciation`	$14.47K	USD	3 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$10.70K	USD	3 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-16.78K	USD	3 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	3 Qtrs
Change in accounts payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-1.12K	USD	3 Qtrs
Change in customer deposits	`IncreaseDecreaseInCustomerDeposits`	-	USD	3 Qtrs
Change in customer deposits	`IncreaseDecreaseInCustomerDeposits`	$-7.53K	USD	3 Qtrs
Change in deferred income tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Change in deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$1.88K	USD	3 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-8.98K	USD	3 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$4.35K	USD	3 Qtrs
Purchase of Fixed Assets	`PaymentsToAcquireOtherProductiveAssets`	$-21.67K	USD	3 Qtrs
Purchase of Fixed Assets	`PaymentsToAcquireOtherProductiveAssets`	$-3.55K	USD	3 Qtrs
CASH FLOWS USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-3.55K	USD	3 Qtrs
CASH FLOWS USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-21.67K	USD	3 Qtrs
Related party loan	`PaymentsToAcquireLoansReceivable`	$19.23K	USD	3 Qtrs
Related party loan	`PaymentsToAcquireLoansReceivable`	$8.25K	USD	3 Qtrs
Investments	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Investments	`PaymentsToAcquireInvestments`	$12.10K	USD	3 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$20.35K	USD	3 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$19.23K	USD	3 Qtrs
NET CHANGE IN CASH	`OtherNoncashIncomeExpense`	$7.82K	USD	3 Qtrs
NET CHANGE IN CASH	`OtherNoncashIncomeExpense`	$1.91K	USD	3 Qtrs
Cash, beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$511.00	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$696.00	USD	Point-in-time
Cash, end of period	`Cash`	$8.52K	USD	Point-in-time
Cash, end of period	`Cash`	$2.42K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 5 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-27.44K	USD	Point-in-time
Balance	`StockholdersEquity`	$-22.33K	USD	Point-in-time
Net loss for the three months	`NetIncomeLoss`	$5.11K	USD	1 Quarter
Balance	`StockholdersEquity`	$-27.44K	USD	Point-in-time
Balance	`StockholdersEquity`	$-22.33K	USD	Point-in-time

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