10-K Filing

MAKAMER HOLDINGS, INC. CIK: 1632081 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001213900-22-013320`
Period End Date	20211231
Filing Date	20220318
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	f10k2021_hometown_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 42 Cash Flow Statement 60 Stockholders Equity 17

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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.40M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.15M	USD	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
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`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.80M	shares	Point-in-time
Inventory	`InventoryNet`	$3.38K	USD	Point-in-time
Inventory	`InventoryNet`	$954.00	USD	Point-in-time
Note receivable - related parties, net	`NotesReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Note receivable - related parties, net	`NotesReceivableRelatedPartiesCurrent`	$150.00K	USD	Point-in-time
Interest receivable - related parties	`InterestReceivableCurrent`	-	USD	Point-in-time
Interest receivable - related parties	`InterestReceivableCurrent`	$872.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.15M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.56M	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$4.00	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$237.00	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$8.32K	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`	$1.16M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$2.39K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$4.64K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$3.45K	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$5.41K	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$2.91K	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`	$72.35K	USD	Point-in-time
Operating lease liability, net of current	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liability, net of current	`OperatingLeaseLiabilityNoncurrent`	$2.91K	USD	Point-in-time
Total Liabilities	`Liabilities`	$75.27K	USD	Point-in-time
Total Liabilities	`Liabilities`	$70.05K	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`	$3.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.93M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.92M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.44M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$-471.64K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.49M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.09M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.56M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.16M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$25.00K	USD	Annual
Sales	`Revenues`	$13.98K	USD	Annual
Food, beverage and supplies	`CostOfServicesCatering`	$10.12K	USD	Annual
Food, beverage and supplies	`CostOfServicesCatering`	$21.20K	USD	Annual
Labor	`LaborAndRelatedExpense`	$126.00	USD	Annual
Labor	`LaborAndRelatedExpense`	$15.30K	USD	Annual
Direct operating and occupancy	`DirectOperatingCosts`	$7.22K	USD	Annual
Direct operating and occupancy	`DirectOperatingCosts`	$8.83K	USD	Annual
Depreciation	`Depreciation`	$233.00	USD	Annual
Depreciation	`Depreciation`	$5.80K	USD	Annual
Consulting - related parties	`ConsultingRelatedParties`	$160.00K	USD	Annual
Consulting - related parties	`ConsultingRelatedParties`	$320.00K	USD	Annual
Consulting	`Consulting`	-	USD	Annual
Consulting	`Consulting`	$52.50K	USD	Annual
Professional fees	`ProfessionalFees`	$120.07K	USD	Annual
Professional fees	`ProfessionalFees`	$170.77K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$124.38K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$133.08K	USD	Annual
Total cost and expenses	`CostsAndExpenses`	$638.41K	USD	Annual
Total cost and expenses	`CostsAndExpenses`	$511.22K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-624.44K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-486.22K	USD	Annual
Other Income	`OtherNonoperatingIncome`	$1.00K	USD	Annual
Other Income	`OtherNonoperatingIncome`	-	USD	Annual
Interest Income	`InterestIncomeOther`	$300.00	USD	Annual
Interest Income	`InterestIncomeOther`	$123.00	USD	Annual
Interest Income - related parties	`GainsLossesOnExtinguishmentOfDebt`	$4.81K	USD	Annual
Interest Income - related parties	`GainsLossesOnExtinguishmentOfDebt`	$873.00	USD	Annual
Interest Expense	`InterestExpense`	$9.09K	USD	Annual
Interest Expense	`InterestExpense`	-	USD	Annual
Total Other Income (Expenses)	`OtherNonoperatingIncomeExpense`	$4.93K	USD	Annual
Total Other Income (Expenses)	`OtherNonoperatingIncomeExpense`	$-6.92K	USD	Annual
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-481.29K	USD	Annual
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-631.36K	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET LOSS	`ProfitLoss`	$-481.29K	USD	Annual
NET LOSS	`ProfitLoss`	$-631.36K	USD	Annual
Net Loss Per Share - Basic and Diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	Annual
Net Loss Per Share - Basic and Diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	Annual
Weighted average number of shares outstanding during the period - Basic and Diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.08M	shares	Annual
Weighted average number of shares outstanding during the period - Basic and Diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.80M	shares	Annual

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Converted into shares of common stock	`ConversionOfStockSharesConverted2`	100,000.00	shares	Annual
Converted into shares of common stock	`ConversionOfStockSharesConverted2`	-	shares	Annual
Net Loss	`NetIncomeLoss`	$-481.29K	USD	Annual
Net Loss	`NetIncomeLoss`	$-631.36K	USD	Annual
In-kind contribution of services	`ShareBasedCompensation`	$77.57K	USD	Annual
In-kind contribution of services	`ShareBasedCompensation`	$30.86K	USD	Annual
Depreciation expense	`Depreciation`	$233.00	USD	Annual
Depreciation expense	`Depreciation`	$5.80K	USD	Annual
Amortization of operating lease assets	`AmortizationOfIntangibleAssets`	$5.41K	USD	Annual
Amortization of operating lease assets	`AmortizationOfIntangibleAssets`	$5.16K	USD	Annual
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$6.59K	USD	Annual
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-6.59K	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-90.00	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$2.42K	USD	Annual
Decrease (increase) in interest receivable - related parties	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-872.00	USD	Annual
Decrease (increase) in interest receivable - related parties	`IncreaseDecreaseInAccruedInterestReceivableNet`	$872.00	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.25K	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-66.59K	USD	Annual
Decrease in operating lease liability	`DecreaseInOperatingLeaseLiability`	$5.41K	USD	Annual
Decrease in operating lease liability	`DecreaseInOperatingLeaseLiability`	$5.16K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-396.19K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-668.67K	USD	Annual
Note receivable - related parties	`PaymentsToAcquireNotesReceivable`	$150.00K	USD	Annual
Note receivable - related parties	`PaymentsToAcquireNotesReceivable`	$150.00K	USD	Annual
Repayment of note receivable - related parties	`RepaymentOfNotesReceivableFromRelatedParties`	$300.00K	USD	Annual
Repayment of note receivable - related parties	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	Annual
Net Cash Provided By (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-150.00K	USD	Annual
Net Cash Provided By (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$150.00K	USD	Annual
Proceeds from common stock issuance for cash	`ProceedsFromIssuanceOfCommonStock`	$2.50M	USD	Annual
Proceeds from common stock issuance for cash	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from/due to former officers	`ProceedsFromdueToFormerOfficers`	$1.00K	USD	Annual
Proceeds from/due to former officers	`ProceedsFromdueToFormerOfficers`	$11.73K	USD	Annual
Proceeds from/due to related party	`ProceedsFromRelatedPartyDebt`	$4.99K	USD	Annual
Proceeds from/due to related party	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Repayment of due to related party	`RepaymentsOfNotesPayable`	$8.45K	USD	Annual
Repayment of due to related party	`RepaymentsOfNotesPayable`	-	USD	Annual
Repayment of note payable - related party	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayment of note payable - related party	`RepaymentsOfRelatedPartyDebt`	$332.10K	USD	Annual
Proceeds from note payable - related party	`ProceedsFromSecuredNotesPayable`	$70.00K	USD	Annual
Proceeds from note payable - related party	`ProceedsFromSecuredNotesPayable`	-	USD	Annual
Purchase of treasury stock	`PurchaseOfTreasuryStock`	$38.34K	USD	Annual
Purchase of treasury stock	`PurchaseOfTreasuryStock`	-	USD	Annual
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.21M	USD	Annual
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.45K	USD	Annual
Net (Decrease) Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-248.64K	USD	Annual
Net (Decrease) Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.39M	USD	Annual
Cash at Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.38K	USD	Point-in-time
Cash at Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.15M	USD	Point-in-time
Cash at Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40M	USD	Point-in-time
Cash at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.38K	USD	Point-in-time
Cash at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.15M	USD	Point-in-time
Cash at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	$9.09K	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Operating lease asset obtained for operating lease liability upon remeasurement	`OperatingLeaseAssetObtainedForOperatingLeaseLiability`	-	USD	Annual
Operating lease asset obtained for operating lease liability upon remeasurement	`OperatingLeaseAssetObtainedForOperatingLeaseLiability`	$10.57K	USD	Annual
Note payable - related party, converted into 100,000 shares of common stock	`NotePayableRelatedPartyConvertedIntoSharesOfCommonStock`	$100.00K	USD	Annual
Note payable - related party, converted into 100,000 shares of common stock	`NotePayableRelatedPartyConvertedIntoSharesOfCommonStock`	-	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Conversion of note payable - related party to common shares, per share	`ConversionPerShareAmount`	$1.00	USD	Annual
Repurchase of common shares, per share	`RepurchasePrice`	$1.00	USD	Annual
Common stock issued for cash, per share	`CommonStockPrice`	$1.00	USD	Annual
Balance	`StockholdersEquity`	$-471.64K	USD	Point-in-time
Balance	`StockholdersEquity`	$1.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09M	USD	Point-in-time
Conversion of note payable - related party to common shares ($1.00/share)	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$100.00K	USD	Annual
Repurchase of common shares ($1.00/share)	`StockRepurchasedAndRetiredDuringPeriodValue`	$-38.34K	USD	Annual
Repurchase of common shares ($1.00/share) (in Shares)	`StockRepurchasedDuringPeriodShares`	38,336.00	shares	Point-in-time
Common stock issued for cash ($1.00/share)	`StockIssuedDuringPeriodValueNewIssues`	$2.50M	USD	Annual
In kind contribution of services	`StockIssuedDuringPeriodValueIssuedForServices`	$30.86K	USD	Annual
In kind contribution of services	`StockIssuedDuringPeriodValueIssuedForServices`	$77.57K	USD	Annual
Net loss	`ProfitLoss`	$-481.29K	USD	Annual
Net loss	`ProfitLoss`	$-631.36K	USD	Annual
Balance	`StockholdersEquity`	$-471.64K	USD	Point-in-time
Balance	`StockholdersEquity`	$1.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09M	USD	Point-in-time

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