10-Q Filing

PINEAPPLE EXPRESS CANNABIS CO CIK: 1710495 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001710495-21-000023`
Period End Date	20211031
Filing Date	20211202
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	minaro10qoctober2021_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 41 Income Statement 40 Cash Flow Statement 29 Stockholders Equity 28

Balance Sheet 41 line items

Line Item	Tag	Value	Unit	Period
CommonStockParOrStatedValuePerShare	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
CommonStockParOrStatedValuePerShare	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
CommonStockSharesAuthorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
CommonStockSharesAuthorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.86K	USD	Point-in-time
CommonStockSharesIssued	`CommonStockSharesIssued`	3.58M	shares	Point-in-time
CommonStockSharesIssued	`CommonStockSharesIssued`	3.73M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.42K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.55K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.70K	USD	Point-in-time
CommonStockSharesOutstanding	`CommonStockSharesOutstanding`	3.73M	shares	Point-in-time
CommonStockSharesOutstanding	`CommonStockSharesOutstanding`	3.58M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.86K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.24K	USD	Point-in-time
Equipment, software, leasehold improvement, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	$14.65K	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`	$14.65K	USD	Point-in-time
Total Assets	`Assets`	$18.51K	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`	$72.02K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$48.23K	USD	Point-in-time
Total Liabilities	`Liabilities`	$48.23K	USD	Point-in-time
Total Liabilities	`Liabilities`	$72.02K	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`	$14.82K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$17.76K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-75.00K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-34.31K	USD	Point-in-time
Total Stockholders Deficit	`RetainedEarningsAppropriated`	$53.51K	USD	Point-in-time
Total Stockholders Deficit	`RetainedEarningsAppropriated`	$15.91K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$18.51K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$32.32K	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$2.60K	USD	3 Qtrs
REVENUES	`Revenues`	$24.25K	USD	1 Quarter
REVENUES	`Revenues`	$2.60K	USD	1 Quarter
REVENUES	`Revenues`	$24.25K	USD	3 Qtrs
Costs of Revenues	`CostOfRevenue`	$5.58K	USD	1 Quarter
Costs of Revenues	`CostOfRevenue`	-	USD	1 Quarter
Costs of Revenues	`CostOfRevenue`	$5.61K	USD	3 Qtrs
Costs of Revenues	`CostOfRevenue`	-	USD	3 Qtrs
Gross Profit	`GrossProfit`	$18.64K	USD	3 Qtrs
Gross Profit	`GrossProfit`	$2.60K	USD	1 Quarter
Gross Profit	`GrossProfit`	$2.60K	USD	3 Qtrs
Gross Profit	`GrossProfit`	$18.66K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$43.28K	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$13.56K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$31.93K	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$3.63K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$13.56K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$31.93K	USD	3 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$3.63K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$43.28K	USD	3 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-13.29K	USD	3 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-40.68K	USD	3 Qtrs
NET INCOME/LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.03K	USD	1 Quarter
NET INCOME/LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$5.11K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	3 Qtrs
NET INCOME/LOSS	`IncomeLossFromContinuingOperations`	$-5.11K	USD	1 Quarter
NET INCOME/LOSS	`IncomeLossFromContinuingOperations`	$40.68K	USD	3 Qtrs
NET INCOME/LOSS	`IncomeLossFromContinuingOperations`	$1.03K	USD	1 Quarter
NET INCOME/LOSS	`IncomeLossFromContinuingOperations`	$13.29K	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	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.83M	shares	3 Qtrs
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	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.95M	shares	1 Quarter

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net Income	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$40.68K	USD	3 Qtrs
Net Income	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$13.29K	USD	3 Qtrs
Depreciation	`Depreciation`	$11.43K	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`	$2.69K	USD	3 Qtrs
Change in customer deposits	`IncreaseDecreaseInCustomerDeposits`	-	USD	3 Qtrs
Change in customer deposits	`IncreaseDecreaseInCustomerDeposits`	$-7.53K	USD	3 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$4.35K	USD	3 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-26.56K	USD	3 Qtrs
Purchase of Fixed Assets	`PaymentsForProceedsFromProductiveAssets`	$-21.67K	USD	3 Qtrs
Purchase of Fixed Assets	`PaymentsForProceedsFromProductiveAssets`	-	USD	3 Qtrs
CASH FLOWS USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-21.67K	USD	3 Qtrs
CASH FLOWS USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Related party loan	`ProceedsFromRelatedPartyDebt`	$19.23K	USD	3 Qtrs
Related party loan	`ProceedsFromRelatedPartyDebt`	$23.78K	USD	3 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$26.87K	USD	3 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$19.23K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.91K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$315.00	USD	3 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`	$3.86K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.42K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.55K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Balance, January 31, 2020	`StockholdersEquity`	$-9.04K	USD	Point-in-time
Balance, January 31, 2020	`StockholdersEquity`	$-53.51K	USD	Point-in-time
Beginning balance, value	`CommonStockValueOutstanding`	$2.95M	USD	Point-in-time
Beginning balance, value	`CommonStockValueOutstanding`	$3.73M	USD	Point-in-time
Beginning balance, value	`CommonStockValueOutstanding`	$2.95M	USD	Point-in-time
Beginning balance, value	`CommonStockValueOutstanding`	$3.73M	USD	Point-in-time
Beginning balance, value	`CommonStockValueOutstanding`	$2.95M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodSharesNewIssues`	3,091.00	shares	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodSharesNewIssues`	-	shares	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodSharesNewIssues`	-	shares	3 Qtrs
Net income for the three months ended October 31, 2020	`NetIncomeLoss`	$5.11K	USD	1 Quarter
Net income for the three months ended October 31, 2020	`NetIncomeLoss`	$-40.68K	USD	3 Qtrs
Net income for the three months ended October 31, 2020	`NetIncomeLoss`	$-13.29K	USD	3 Qtrs
Beginning balance, value	`StockholdersEquityNoteSubscriptionsReceivable`	$-52.48K	USD	Point-in-time
Beginning balance, value	`StockholdersEquityNoteSubscriptionsReceivable`	$-15.91K	USD	Point-in-time
Balance, value	`CommonStockSharesSubscriptions`	$3.58M	USD	Point-in-time
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$154.55K	USD	1 Quarter
Beginning balance, value	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$-27.44K	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$2.95M	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$3.73M	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$2.95M	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$3.73M	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$2.95M	USD	Point-in-time
Balance, October 31, 2020	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$-22.33K	USD	Point-in-time
Issuance of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	1 Quarter
Net loss	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-1.03K	USD	1 Quarter
Balance, October 31, 2021	`StockholdersEquity`	$-9.04K	USD	Point-in-time
Balance, October 31, 2021	`StockholdersEquity`	$-53.51K	USD	Point-in-time

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