10-K Filing

GUOCHUN INTERNATIONAL INC. CIK: 1765048 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001765048-23-000003`
Period End Date	20221231
Filing Date	20230327
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	chmt10k_2022_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 32 Income Statement 24 Cash Flow Statement 32 Stockholders Equity 13

Balance Sheet 32 line items

Line Item	Tag	Value	Unit	Period
Common stock, $0.001 par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, $0.001 par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	3.87M	shares	Point-in-time
Shares Issued	`CommonStockSharesIssued`	3.87M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.07K	USD	Point-in-time
Total current assets	`AssetsCurrent`	-	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.07K	USD	Point-in-time
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.07K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.72K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$100.00	USD	Point-in-time
Amount due to the current and former sole director	`AccruedLiabilitiesCurrent`	$3.36K	USD	Point-in-time
Amount due to the current and former sole director	`AccruedLiabilitiesCurrent`	$45.23K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$5.08K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$45.33K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$5.08K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$45.33K	USD	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized; 3,870,600 shares issued and outstanding as of December 31, 2022 and 2021 respectively	`CommonStockValue`	$3.87K	USD	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized; 3,870,600 shares issued and outstanding as of December 31, 2022 and 2021 respectively	`CommonStockValue`	$3.87K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$76.65K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$20.85K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$85.60K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$68.98K	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY (DEFICIT)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$44.25K	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY (DEFICIT)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.08K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$1.07K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`Revenues`	-	USD	Annual
REVENUE	`Revenues`	-	USD	Annual
Professional fees	`ProfessionalFees`	$15.13K	USD	Annual
Professional fees	`ProfessionalFees`	$30.10K	USD	Annual
Amortization of software asset	`AmortizationOfIntangibleAssets`	$1.26K	USD	Annual
Amortization of software asset	`AmortizationOfIntangibleAssets`	-	USD	Annual
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$236.00	USD	Annual
Other general and administrative expenses	`OtherGeneralAndAdministrativeExpense`	$1.52K	USD	Annual
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$16.62K	USD	Annual
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$31.62K	USD	Annual
OPERATING LOSS	`OperatingIncomeLoss`	$16.62K	USD	Annual
OPERATING LOSS	`OperatingIncomeLoss`	$31.62K	USD	Annual
OTHER INCOME (EXPENSES)	`OtherNoninterestExpense`	-	USD	Annual
OTHER INCOME (EXPENSES)	`OtherNoninterestExpense`	-	USD	Annual
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.62K	USD	Annual
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.62K	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	-	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET LOSS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$16.62K	USD	Annual
NET LOSS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$31.62K	USD	Annual
Net loss per common share - Basic and diluted	`EarningsPerShareBasic`	-	USD	Annual
Net loss per common share - Basic and diluted	`EarningsPerShareBasic`	$-0.01	USD	Annual
Weighted average number of common shares outstanding Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	3.87M	shares	Annual
Weighted average number of common shares outstanding Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	3.87M	shares	Annual

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-16.62K	USD	Annual
Net loss	`ProfitLoss`	$-31.62K	USD	Annual
Amortization of software asset	`DepreciationAndAmortization`	-	USD	Annual
Amortization of software asset	`DepreciationAndAmortization`	$1.26K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.90K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.62K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.52K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.74K	USD	Annual
Advances from the current sole officer and director	`InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease`	-	USD	Annual
Advances from the current sole officer and director	`InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease`	$3.36K	USD	Annual
Advances from the former sole officer and director	`LoansAndLeasesReceivableRelatedPartiesProceeds`	$36.16K	USD	Annual
Advances from the former sole officer and director	`LoansAndLeasesReceivableRelatedPartiesProceeds`	$9.31K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.66K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$36.16K	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$357.00	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.07K	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.43K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Interest paid	`InterestPaid`	-	USD	Annual
Interest paid	`InterestPaid`	-	USD	Annual
Software acquired March 17, 2022 using funds transferred from former sole officer and director (and credited to amount due to former sole officer and director) to vendor of software	`CapitalizedComputerSoftwarePeriodIncreaseDecrease`	$22.00K	USD	Annual
Software acquired March 17, 2022 using funds transferred from former sole officer and director (and credited to amount due to former sole officer and director) to vendor of software	`CapitalizedComputerSoftwarePeriodIncreaseDecrease`	-	USD	Annual
Satisfaction of amount due to former sole officer and director in connection with June 27, 2022 change in control transaction	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$76.53K	USD	Annual
Satisfaction of amount due to former sole officer and director in connection with June 27, 2022 change in control transaction	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	-	USD	Annual
Software assigned to former sole officer and director in connection with June 27, 2022 change in control transaction	`CapitalizedComputerSoftwareAdditions`	$20.74K	USD	Annual
Software assigned to former sole officer and director in connection with June 27, 2022 change in control transaction	`CapitalizedComputerSoftwareAdditions`	-	USD	Annual

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance as of December 31, 2021	`StockholdersEquity`	$-5.08K	USD	Point-in-time
Balance as of December 31, 2021	`StockholdersEquity`	$-12.63K	USD	Point-in-time
Balance as of December 31, 2021	`StockholdersEquity`	$-44.25K	USD	Point-in-time
Balance as of December 31, 2022	`SharesOutstanding`	3.87M	shares	Point-in-time
Balance as of December 31, 2022	`SharesOutstanding`	3.87M	shares	Point-in-time
Balance as of December 31, 2022	`SharesOutstanding`	3.87M	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-31.62K	USD	Annual
Net loss	`NetIncomeLoss`	$-16.62K	USD	Annual
Satisfaction of amount due to former shareholder in connection with June 27, 2022 change in control transaction	`StockholdersEquityOther`	$76.53K	USD	Annual
Assignment of software acquired March 17, 2022 to former sole officer and director in connection with June 27, 2022 change in control transaction	`AssignmentSoftware`	$-20.74K	USD	Annual
Balance as of December 31, 2022	`StockholdersEquity`	$-5.08K	USD	Point-in-time
Balance as of December 31, 2022	`StockholdersEquity`	$-12.63K	USD	Point-in-time
Balance as of December 31, 2022	`StockholdersEquity`	$-44.25K	USD	Point-in-time

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