10-Q Filing

MAKAMER HOLDINGS, INC. CIK: 1632081 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-028818`
Period End Date	20210331
Filing Date	20210524
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	hwin-20210331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 33 Cash Flow Statement 47 Stockholders Equity 15

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.80M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.80M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.10M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$6.59K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.80M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$8.58K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.80M	shares	Point-in-time
Inventory	`InventoryNet`	$895.00	USD	Point-in-time
Inventory	`InventoryNet`	$954.00	USD	Point-in-time
Notes receivable - related parties	`NotesReceivableRelatedPartiesCurrent`	$150.00K	USD	Point-in-time
Notes receivable - related parties	`NotesReceivableRelatedPartiesCurrent`	$300.00K	USD	Point-in-time
Interest receivable - related parties	`InterestReceivableCurrent`	$872.00	USD	Point-in-time
Interest receivable - related parties	`InterestReceivableCurrent`	$2.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.41M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.56M	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$139.00	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$237.00	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$12.04K	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$2.91K	USD	Point-in-time
Total Assets	`Assets`	$1.56M	USD	Point-in-time
Total Assets	`Assets`	$1.42M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$2.39K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$18.30K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$4.99K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$3.45K	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$2.91K	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$3.72K	USD	Point-in-time
Due to former officers	`DueToFormerOfficers`	$61.30K	USD	Point-in-time
Due to former officers	`DueToFormerOfficers`	$62.30K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$70.05K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$89.30K	USD	Point-in-time
Operating lease liability, net of current	`OperatingLeaseLiabilityNoncurrent`	$8.32K	USD	Point-in-time
Total Liabilities	`Liabilities`	$70.05K	USD	Point-in-time
Total Liabilities	`Liabilities`	$97.63K	USD	Point-in-time
Commitments and Contingencies (See Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (See Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 250,000,000 shares authorized, 7,797,004 and 7,797,004 issued and outstanding, respectively	`CommonStockValue`	$780.00	USD	Point-in-time
Common stock, $0.0001 par value; 250,000,000 shares authorized, 7,797,004 and 7,797,004 issued and outstanding, respectively	`CommonStockValue`	$780.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.93M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.93M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.61M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.49M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$-471.64K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.33M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$-486.95K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.42M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.56M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$5.30K	USD	1 Quarter
Sales	`Revenues`	$3.58K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$2.65K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$5.09K	USD	1 Quarter
Labor	`LaborAndRelatedExpense`	$126.00	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$1.60K	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$2.23K	USD	1 Quarter
Depreciation	`Depreciation`	$1.81K	USD	1 Quarter
Depreciation	`Depreciation`	$98.00	USD	1 Quarter
Consulting - related parties	`ConsultingRelatedParties`	-	USD	1 Quarter
Consulting - related parties	`ConsultingRelatedParties`	$120.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$59.32K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$24.95K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.92K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.10K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$178.96K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$80.94K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-173.66K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-77.36K	USD	1 Quarter
Interest Income - related parties	`GainsLossesOnExtinguishmentOfDebt`	$3.40K	USD	1 Quarter
Interest Expense	`InterestExpense`	$7.33K	USD	1 Quarter
Total Other Income (Expenses)	`OtherNonoperatingIncomeExpense`	$-7.33K	USD	1 Quarter
Total Other Income (Expenses)	`OtherNonoperatingIncomeExpense`	$3.40K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-84.69K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-170.25K	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-170.25K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-84.69K	USD	1 Quarter
Net Loss Per Share - Basic and Diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Net Loss Per Share - Basic and Diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Weighted average number of shares outstanding during the period - Basic and Diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.24M	shares	1 Quarter
Weighted average number of shares outstanding during the period - Basic and Diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.80M	shares	1 Quarter

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Converted into shares of common stock	`ConversionOfStockSharesConverted2`	100,000.00	shares	1 Quarter
Net Loss	`NetIncomeLoss`	$-170.25K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-84.69K	USD	1 Quarter
In-kind contribution of services	`ShareBasedCompensation`	$7.71K	USD	1 Quarter
In-kind contribution of services	`ShareBasedCompensation`	$7.71K	USD	1 Quarter
Depreciation expense	`Depreciation`	$1.81K	USD	1 Quarter
Depreciation expense	`Depreciation`	$98.00	USD	1 Quarter
Amortization of operating lease assets	`AmortizationOfIntangibleAssets`	$1.30K	USD	1 Quarter
Amortization of operating lease assets	`AmortizationOfIntangibleAssets`	$1.44K	USD	1 Quarter
Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$1.99K	USD	1 Quarter
Decrease in inventory	`IncreaseDecreaseInInventories`	$-59.00	USD	1 Quarter
Decrease in inventory	`IncreaseDecreaseInInventories`	$-526.00	USD	1 Quarter
Increase in interest receivable - related parties	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.12K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.91K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$44.81K	USD	1 Quarter
Decrease in operating lease liability	`DecreaseInOperatingLeaseLiability`	$1.44K	USD	1 Quarter
Decrease in operating lease liability	`DecreaseInOperatingLeaseLiability`	$1.30K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-29.83K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-149.59K	USD	1 Quarter
Note receivable - related parties	`PaymentsToAcquireNotesReceivable`	$150.00K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-150.00K	USD	1 Quarter
Proceeds from due to former officers	`ProceedsFromdueToFormerOfficers`	$4.99K	USD	1 Quarter
Proceeds from due to former officers	`ProceedsFromdueToFormerOfficers`	$1.00K	USD	1 Quarter
Proceeds from due to related party	`ProceedsFromRelatedPartyDebt`	$4.99K	USD	1 Quarter
Repayment of due to related party	`RepaymentsOfNotesPayable`	$3.45K	USD	1 Quarter
Repayment of due to former officers	`RepaymentsOfRelatedPartyDebt`	$2.00K	USD	1 Quarter
Proceeds from note payable - related party, net of repayment	`ProceedsFromSecuredNotesPayable`	$70.00K	USD	1 Quarter
Purchase of treasury stock	`PurchaseOfTreasuryStock`	$38.34K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$34.65K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.54K	USD	1 Quarter
Net (Decrease) Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.82K	USD	1 Quarter
Net (Decrease) Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-297.05K	USD	1 Quarter
Cash at Beginning of Period	`Cash`	$1.40M	USD	Point-in-time
Cash at Beginning of Period	`Cash`	$1.10M	USD	Point-in-time
Cash at Beginning of Period	`Cash`	$10.20K	USD	Point-in-time
Cash at Beginning of Period	`Cash`	$5.38K	USD	Point-in-time
Cash at End of Period	`Cash`	$1.40M	USD	Point-in-time
Cash at End of Period	`Cash`	$1.10M	USD	Point-in-time
Cash at End of Period	`Cash`	$10.20K	USD	Point-in-time
Cash at End of Period	`Cash`	$5.38K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Operating lease asset obtained for operating lease liability upon remeasurement	`OperatingLeaseAssetObtainedForOperatingLeaseLiability`	$10.57K	USD	1 Quarter
Note payable - related party, converted into 100,000 shares of common stock	`NotePayableRelatedPartyConvertedIntoSharesOfCommonStock`	$100.00K	USD	1 Quarter

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$-471.64K	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$-486.95K	USD	Point-in-time
Conversion of note payable - related party to common shares ($1.00/ per share)	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$100.00K	USD	1 Quarter
Repurchase of common shares ($1.00/ per share)	`PaymentsForRepurchaseOfCommonStock`	$38.34K	USD	1 Quarter
Repurchase of common shares ($1.00/ per share) (in Shares)	`StockRepurchasedDuringPeriodShares`	38,336.00	shares	Point-in-time
In kind contribution of services	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.71K	USD	1 Quarter
In kind contribution of services	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.71K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-170.25K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-84.69K	USD	1 Quarter
Balance	`StockholdersEquity`	$1.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$-471.64K	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$-486.95K	USD	Point-in-time

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