10-Q Filing

PINEAPPLE EXPRESS CANNABIS CO CIK: 1710495 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001710495-21-000019`
Period End Date	20210731
Filing Date	20210907
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	minaro10qjuly312021_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 32 Cash Flow Statement 29 Stockholders Equity 30

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Common Stock Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.55K	USD	Point-in-time
Common Stock Shares Issued	`CommonStockSharesIssued`	3.73M	shares	Point-in-time
Common Stock Shares Issued	`CommonStockSharesIssued`	3.58M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.51K	USD	Point-in-time
Common Stock Shares Outstanding	`CommonStockSharesOutstanding`	2.95M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.70K	USD	Point-in-time
Common Stock Shares Outstanding	`CommonStockSharesOutstanding`	3.58M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$267.00	USD	Point-in-time
Common Stock Shares Outstanding	`CommonStockSharesOutstanding`	3.73M	shares	Point-in-time
Common Stock Shares Outstanding	`CommonStockSharesOutstanding`	2.95M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.24K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.77K	USD	Point-in-time
Equipment, software, leasehold improvement, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	$17.76K	USD	Point-in-time
Equipment, software, leasehold improvement, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	$26.08K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$26.08K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$17.76K	USD	Point-in-time
Total Assets	`Assets`	$19.54K	USD	Point-in-time
Total Assets	`Assets`	$32.32K	USD	Point-in-time
Related party loan	`LoansAndLeasesReceivableRelatedParties`	$72.02K	USD	Point-in-time
Related party loan	`LoansAndLeasesReceivableRelatedParties`	$36.13K	USD	Point-in-time
Investments	`Investments`	-	USD	Point-in-time
Investments	`Investments`	$12.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$48.23K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$72.02K	USD	Point-in-time
Total Liabilities	`Liabilities`	$72.02K	USD	Point-in-time
Total Liabilities	`Liabilities`	$48.23K	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, 3,734,550 and 3,580,000 shares issued and outstanding	`CommonStockValue`	$3.58K	USD	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 3,734,550 and 3,580,000 shares issued and outstanding	`CommonStockValue`	$3.73K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$17.76K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$14.82K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-73.97K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-34.31K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-19.02K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-15.91K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-52.48K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$32.32K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$19.54K	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$39.66K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$8.41K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$18.40K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$23.89K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$8.41K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$23.89K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$39.66K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$18.40K	USD	2 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-39.66K	USD	2 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-23.89K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-8.41K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-18.40K	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME/LOSS	`IncomeLossFromContinuingOperations`	$18.40K	USD	2 Qtrs
NET INCOME/LOSS	`IncomeLossFromContinuingOperations`	$8.41K	USD	1 Quarter
NET INCOME/LOSS	`IncomeLossFromContinuingOperations`	$39.66K	USD	2 Qtrs
NET INCOME/LOSS	`IncomeLossFromContinuingOperations`	$23.89K	USD	1 Quarter
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	2 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.95M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.73M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.73M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.83M	shares	2 Qtrs

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net Income	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$18.40K	USD	2 Qtrs
Net Income	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$39.66K	USD	2 Qtrs
Depreciation	`Depreciation`	$7.87K	USD	2 Qtrs
Depreciation	`Depreciation`	$8.32K	USD	2 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$15.18K	USD	2 Qtrs
Change in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.43K	USD	2 Qtrs
Change in customer deposits	`IncreaseDecreaseInCustomerDeposits`	-	USD	2 Qtrs
Change in customer deposits	`IncreaseDecreaseInCustomerDeposits`	$7.53K	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-2.88K	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-28.91K	USD	2 Qtrs
Purchase of Fixed Assets	`PaymentsForProceedsFromProductiveAssets`	-	USD	2 Qtrs
Purchase of Fixed Assets	`PaymentsForProceedsFromProductiveAssets`	$13.58K	USD	2 Qtrs
CASH FLOWS USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-13.58K	USD	2 Qtrs
CASH FLOWS USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Related party loan	`ProceedsFromRelatedPartyDebt`	$16.18K	USD	2 Qtrs
Related party loan	`ProceedsFromRelatedPartyDebt`	$23.78K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$16.18K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$26.87K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.04K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-272.00	USD	2 Qtrs
Cash, beginning of period	`Cash`	$511.00	USD	Point-in-time
Cash, beginning of period	`Cash`	$3.55K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.55K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$239.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.51K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-28.59K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-15.91K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-9.04K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-27.44K	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	2.95M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	3.58M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	3.73M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	2.95M	shares	Point-in-time
Issuance of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$3.09K	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-18.40K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.66K	USD	2 Qtrs
Balance, July 31, 2020	`StockholdersEquity`	$-28.59K	USD	Point-in-time
Balance, July 31, 2020	`StockholdersEquity`	$-15.91K	USD	Point-in-time
Balance, July 31, 2020	`StockholdersEquity`	$-9.04K	USD	Point-in-time
Balance, July 31, 2020	`StockholdersEquity`	$-27.44K	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan`	154,550.00	shares	2 Qtrs
Balance, July 31, 2021	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-19.02K	USD	Point-in-time
Balance, July 31, 2021	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-15.91K	USD	Point-in-time
Balance, July 31, 2021	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-52.48K	USD	Point-in-time
Balance, shares	`CommonStockOtherSharesOutstanding`	3.73M	shares	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-19.02K	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-15.91K	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-52.48K	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$2.95M	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$3.73M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.41K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-23.89K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	-	USD	1 Quarter

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