10-Q Filing

MAKAMER HOLDINGS, INC. CIK: 1632081 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001213900-22-024929`
Period End Date	20220331
Filing Date	20220509
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	f10q0322_makamer_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 38 Cash Flow Statement 48 Stockholders Equity 12

Balance Sheet 45 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
Cash	`Cash`	$1.01M	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	`Cash`	$1.15M	USD	Point-in-time
Inventory	`InventoryNet`	$3.69K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.80M	shares	Point-in-time
Inventory	`InventoryNet`	$3.38K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.80M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.01M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.80M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.80M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.15M	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$4.00	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$8.32K	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$7.02K	USD	Point-in-time
Total Assets	`Assets`	$1.02M	USD	Point-in-time
Total Assets	`Assets`	$1.16M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$408.00	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$4.64K	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$5.41K	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$5.55K	USD	Point-in-time
Due to former officers	`DueToFormerOfficers`	$62.30K	USD	Point-in-time
Due to former officers	`DueToFormerOfficers`	$62.30K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$68.25K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$72.35K	USD	Point-in-time
Operating lease liability, net of current	`OperatingLeaseLiabilityNoncurrent`	$2.91K	USD	Point-in-time
Operating lease liability, net of current	`OperatingLeaseLiabilityNoncurrent`	$1.48K	USD	Point-in-time
Total Liabilities	`Liabilities`	$75.27K	USD	Point-in-time
Total Liabilities	`Liabilities`	$69.73K	USD	Point-in-time
Commitments and Contingencies (See Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (See Note 5)	`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`	$3.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.92M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$950.06K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.16M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.02M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$5.30K	USD	1 Quarter
Sales	`Revenues`	$6.36K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$5.09K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$2.29K	USD	1 Quarter
Labor	`LaborAndRelatedExpense`	$126.00	USD	1 Quarter
Labor	`LaborAndRelatedExpense`	$12.65K	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$1.60K	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$2.82K	USD	1 Quarter
Depreciation	`Depreciation`	$98.00	USD	1 Quarter
Depreciation	`Depreciation`	$4.00	USD	1 Quarter
Consulting - related parties	`ConsultingRelatedParties`	$120.00K	USD	1 Quarter
Consulting - related parties	`ConsultingRelatedParties`	-	USD	1 Quarter
Consulting	`Consulting`	-	USD	1 Quarter
Consulting	`Consulting`	$44.50K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$70.36K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$24.95K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.10K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$35.51K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$168.13K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$178.96K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-161.78K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-173.66K	USD	1 Quarter
Interest Income	`InterestIncomeOther`	$26.00	USD	1 Quarter
Interest Income	`InterestIncomeOther`	$30.00	USD	1 Quarter
Interest Income - related parties	`InterestIncomeExpenseNonoperatingNet`	-	USD	1 Quarter
Interest Income - related parties	`InterestIncomeExpenseNonoperatingNet`	$3.37K	USD	1 Quarter
Total Other Income	`OtherNonoperatingIncomeExpense`	$26.00	USD	1 Quarter
Total Other Income	`OtherNonoperatingIncomeExpense`	$3.40K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-161.75K	USD	1 Quarter
LOSS 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`	$-161.75K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-170.25K	USD	1 Quarter
Net Loss Per Share - Basic and Diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Net Loss Per Share - Basic and Diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Weighted average number of shares outstanding during the period - Basic and Diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.80M	shares	1 Quarter
Weighted average number of shares outstanding during the period - Basic and Diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.80M	shares	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-161.75K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-170.25K	USD	1 Quarter
In-kind contribution of services	`ShareBasedCompensation`	$26.00K	USD	1 Quarter
In-kind contribution of services	`ShareBasedCompensation`	$7.71K	USD	1 Quarter
Depreciation expense	`Depreciation`	$98.00	USD	1 Quarter
Depreciation expense	`Depreciation`	$4.00	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
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$1.99K	USD	1 Quarter
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-59.00	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$314.00	USD	1 Quarter
Decrease in interest receivable - related parties	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.12K	USD	1 Quarter
Decrease in interest receivable - related parties	`IncreaseDecreaseInAccruedInterestReceivableNet`	-	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.91K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.24K	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`	$-149.59K	USD	1 Quarter
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-140.29K	USD	1 Quarter
Note receivable - related parties	`PaymentsToAcquireNotesReceivable`	$150.00K	USD	1 Quarter
Note receivable - related parties	`PaymentsToAcquireNotesReceivable`	-	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`	$1.00K	USD	1 Quarter
Proceeds from/due to former officers	`ProceedsFromdueToFormerOfficers`	-	USD	1 Quarter
Proceeds from/due to related party	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Proceeds from/due to related party	`ProceedsFromRelatedPartyDebt`	$4.99K	USD	1 Quarter
Repayment of due to related party	`RepaymentsOfNotesPayable`	-	USD	1 Quarter
Repayment of due to related party	`RepaymentsOfNotesPayable`	$3.45K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.54K	USD	1 Quarter
Net Decrease in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-140.29K	USD	1 Quarter
Net Decrease in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-297.05K	USD	1 Quarter
Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.15M	USD	Point-in-time
Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.01M	USD	Point-in-time
Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40M	USD	Point-in-time
Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10M	USD	Point-in-time
Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.15M	USD	Point-in-time
Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.01M	USD	Point-in-time
Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40M	USD	Point-in-time
Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10M	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
Operating lease asset obtained for operating lease liability upon remeasurement	`OperatingLeaseAssetObtainedForOperatingLeaseLiability`	-	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$950.06K	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.49M	USD	Point-in-time
In kind contribution of services	`StockIssuedDuringPeriodValueIssuedForServices`	$26.00K	USD	1 Quarter
In kind contribution of services	`StockIssuedDuringPeriodValueIssuedForServices`	$7.71K	USD	1 Quarter
Net loss	`ProfitLoss`	$-161.75K	USD	1 Quarter
Net loss	`ProfitLoss`	$-170.25K	USD	1 Quarter
Balance	`StockholdersEquity`	$950.06K	USD	Point-in-time
Balance	`StockholdersEquity`	$1.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.49M	USD	Point-in-time

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