10-Q/A Filing

KUBER RESOURCES CORP CIK: 1081834 Q2 2022

Filing Information

Form Type	10-Q/A
Accession Number	`0001214659-22-010515`
Period End Date	20220630
Filing Date	20220824
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	u82222110qa1_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 46 Cash Flow Statement 42 Stockholders Equity 20

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$52.28K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$64.29K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
Advances to suppliers	`AdvancesToSuppliers`	$1.08M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Advances to suppliers	`AdvancesToSuppliers`	-	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.81K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Loan to related party	`Loantorelatedparty`	$27.22K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Loan to related party	`Loantorelatedparty`	-	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Total current assets	`AssetsCurrent`	$56.09K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.17M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.61M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	132.61M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	132.61M	shares	Point-in-time
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$853.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.61M	shares	Point-in-time
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$1.06K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.17M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$57.15K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$14.41K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$176.26K	USD	Point-in-time
Loan payable related party	`LoansPayableCurrent`	-	USD	Point-in-time
Loan payable related party	`LoansPayableCurrent`	$170.71K	USD	Point-in-time
Notes payable related party	`NotesPayableCurrent`	$167.55K	USD	Point-in-time
Notes payable related party	`NotesPayableCurrent`	$57.94K	USD	Point-in-time
Contract liability	`ContractWithCustomerLiabilityCurrent`	$822.04K	USD	Point-in-time
Contract liability	`ContractWithCustomerLiabilityCurrent`	$50.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$402.67K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,0000 shares authorized; 500,000 shares issued and outstanding at June 30, 2022 and December 31, 2021	`PreferredStockValue`	$500.00	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,0000 shares authorized; 500,000 shares issued and outstanding at June 30, 2022 and December 31, 2021	`PreferredStockValue`	$500.00	USD	Point-in-time
Common stock, par value $0.001 per share; 1,000,000,000 shares authorized; 132,606,582 and 32,606,582 shares issued and outstanding at June 30, 2022 and December 31, 2021	`CommonStockValue`	$132.61K	USD	Point-in-time
Common stock, par value $0.001 per share; 1,000,000,000 shares authorized; 132,606,582 and 32,606,582 shares issued and outstanding at June 30, 2022 and December 31, 2021	`CommonStockValue`	$32.61K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$3.66M	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$3.92M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-4.04M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-3.94M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$116.92K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-290.23K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-347.49K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-322.14K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-345.52K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$1.17M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$57.15K	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	-	USD	2 Qtrs
Sales	`Revenues`	-	USD	1 Quarter
Sales	`Revenues`	$720.00K	USD	1 Quarter
Sales	`Revenues`	$875.00K	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$601.00K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$725.00K	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	-	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$150.00K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$119.00K	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.41K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.46K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.75K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$11.63K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$11.85K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$42.11K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$27.50K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$46.80K	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$31.91K	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$14.60K	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$47.56K	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$58.43K	USD	2 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$104.40K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-31.91K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$102.44K	USD	2 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-58.43K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	-	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	-	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-26.51K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.96K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$104.40K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-58.43K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-31.91K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$102.44K	USD	2 Qtrs
Net income (loss) per common share basic and diluted	`EarningsPerShareBasicAndDilutedOne`	-	USD	2 Qtrs
Net income (loss) per common share basic and diluted	`EarningsPerShareBasicAndDilutedOne`	-	USD	1 Quarter
Net income (loss) per common share basic and diluted	`EarningsPerShareBasicAndDilutedOne`	-	USD	2 Qtrs
Net income (loss) per common share basic and diluted	`EarningsPerShareBasicAndDilutedOne`	-	USD	1 Quarter
Weighted average common shares outstanding basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	32.61M	shares	2 Qtrs
Weighted average common shares outstanding basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	38.10M	shares	1 Quarter
Weighted average common shares outstanding basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	38.10M	shares	2 Qtrs
Weighted average common shares outstanding basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	32.61M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-26.51K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.96K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$104.40K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-58.43K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-31.91K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$102.44K	USD	2 Qtrs
Depreciation expense	`Depreciation`	-	USD	2 Qtrs
Depreciation expense	`Depreciation`	$212.00	USD	2 Qtrs
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$-3.81K	USD	2 Qtrs
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$3.00K	USD	2 Qtrs
Advances to suppliers	`AdvancesToSuppliers1`	$1.08M	USD	2 Qtrs
Advances to suppliers	`AdvancesToSuppliers1`	-	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$161.86K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	2 Qtrs
Loan payable related party	`IncreaseDecreaseInNotesPayableRelatedParties`	$62.72K	USD	2 Qtrs
Loan payable related party	`IncreaseDecreaseInNotesPayableRelatedParties`	$79.67K	USD	2 Qtrs
Contract liability	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	2 Qtrs
Contract liability	`IncreaseDecreaseInContractWithCustomerLiability`	$772.04K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$39.23K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$1.29K	USD	2 Qtrs
Cash paid for fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.29K	USD	2 Qtrs
Cash paid for fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Loan to related party	`PaymentsToFundLongtermLoansToRelatedParties`	-	USD	2 Qtrs
Loan to related party	`PaymentsToFundLongtermLoansToRelatedParties`	$27.22K	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-1.29K	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-27.22K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	-	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$12.01K	USD	2 Qtrs
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$52.28K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$64.29K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
CASH END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$52.28K	USD	Point-in-time
CASH END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$64.29K	USD	Point-in-time
CASH END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
CASH END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
Interest	`InterestPaidNet`	-	USD	2 Qtrs
Interest	`InterestPaidNet`	-	USD	2 Qtrs
Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Forgiveness of related party debt	`ForgivenessOfRelatedPartyDebt`	-	USD	2 Qtrs
Forgiveness of related party debt	`ForgivenessOfRelatedPartyDebt`	$-360.00K	USD	2 Qtrs

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance March 31, 2021	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Balance March 31, 2021	`StockholdersEquity`	$116.92K	USD	Point-in-time
Balance March 31, 2021	`StockholdersEquity`	$-290.23K	USD	Point-in-time
Balance March 31, 2021	`StockholdersEquity`	$-347.49K	USD	Point-in-time
Balance March 31, 2021	`StockholdersEquity`	$-322.14K	USD	Point-in-time
Balance March 31, 2021	`StockholdersEquity`	$-345.52K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-26.51K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.96K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$104.40K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-58.43K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-31.91K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$102.44K	USD	2 Qtrs
Forgiveness of related part debt	`ForgivenessOfRelatedPartDebt`	$360.00K	USD	1 Quarter
Net income	`NetIncomeIncome`	$104.40K	USD	1 Quarter
Balance June 30, 2021	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$116.92K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$-290.23K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$-347.49K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$-322.14K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$-345.52K	USD	Point-in-time

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