10-Q Filing

KUBER RESOURCES CORP CIK: 1081834 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001214659-22-014035`
Period End Date	20220930
Filing Date	20221121
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	u111722010q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 48 Cash Flow Statement 44 Stockholders Equity 25

Balance Sheet 62 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 issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$52.28K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$24.17K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.28K	USD	Point-in-time
Advances to suppliers	`AdvancesToSuppliers`	-	USD	Point-in-time
Advances to suppliers	`AdvancesToSuppliers`	$1.09M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.00K	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`	-	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Loan to related party	`Loantorelatedparty`	$48.83K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	132.61M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.61M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$56.09K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.16M	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
Fixed assets, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$745.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	132.61M	shares	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`	$177.56K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$14.41K	USD	Point-in-time
Loan payable related party	`LoansPayableCurrent`	$170.71K	USD	Point-in-time
Loan payable related party	`LoansPayableCurrent`	$17.10K	USD	Point-in-time
Notes payable related party	`NotesPayableCurrent`	$57.94K	USD	Point-in-time
Notes payable related party	`NotesPayableCurrent`	$167.55K	USD	Point-in-time
Contract liability	`ContractWithCustomerLiabilityCurrent`	$133.81K	USD	Point-in-time
Contract liability	`ContractWithCustomerLiabilityCurrent`	$50.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$402.67K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$386.41K	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 September 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 September 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 September 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 September 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`	$-3.28M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$116.92K	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 stockholders equity (deficit)	`StockholdersEquity`	$-290.23K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$778.93K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-347.49K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-335.85K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$57.15K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$1.17M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$1.56M	USD	3 Qtrs
Sales	`Revenues`	-	USD	3 Qtrs
Sales	`Revenues`	$687.63K	USD	1 Quarter
Sales	`Revenues`	-	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$736.21K	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	-	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$11.21K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	$676.42K	USD	1 Quarter
Gross profit	`GrossProfit`	$826.42K	USD	3 Qtrs
Gross profit	`GrossProfit`	-	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.45K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$14.15K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.53K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.01K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$53.96K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$11.19K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$11.96K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$57.99K	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$14.40K	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$13.71K	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$61.97K	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$72.14K	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-13.71K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$764.45K	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-72.14K	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$662.01K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$104.40K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.96K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-72.14K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-13.71K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-26.51K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$764.45K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-31.91K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$662.01K	USD	1 Quarter
Net income (loss) per common share basic and diluted	`EarningsPerShareBasicAndDilutedOne`	$0.01	USD	3 Qtrs
Net income (loss) per common share basic and diluted	`EarningsPerShareBasicAndDilutedOne`	-	USD	3 Qtrs
Net income (loss) per common share basic and diluted	`EarningsPerShareBasicAndDilutedOne`	-	USD	1 Quarter
Net income (loss) per common share basic and diluted	`EarningsPerShareBasicAndDilutedOne`	$0.01	USD	1 Quarter
Weighted average common shares outstanding basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	32.61M	shares	1 Quarter
Weighted average common shares outstanding basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	69.83M	shares	3 Qtrs
Weighted average common shares outstanding basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	32.61M	shares	3 Qtrs
Weighted average common shares outstanding basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	69.83M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$104.40K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.96K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-72.14K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-13.71K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-26.51K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$764.45K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-31.91K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$662.01K	USD	1 Quarter
Depreciation expense	`Depreciation`	$115.00	USD	3 Qtrs
Depreciation expense	`Depreciation`	$320.00	USD	3 Qtrs
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$195.00	USD	3 Qtrs
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$499.00	USD	3 Qtrs
Advances to suppliers	`AdvancesToSuppliers1`	-	USD	3 Qtrs
Advances to suppliers	`AdvancesToSuppliers1`	$1.09M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.50K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$163.15K	USD	3 Qtrs
Loan payable related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$-96.77K	USD	3 Qtrs
Loan payable related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$-65.83K	USD	3 Qtrs
Contract liability	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	3 Qtrs
Contract liability	`IncreaseDecreaseInContractWithCustomerLiability`	$83.81K	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$20.72K	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$806.00	USD	3 Qtrs
Cash paid for fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.29K	USD	3 Qtrs
Cash paid for fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Loan to related party	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	-	USD	3 Qtrs
Loan to related party	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-48.83K	USD	3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-48.83K	USD	3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-1.29K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-482.00	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-28.11K	USD	3 Qtrs
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$52.28K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$24.17K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.28K	USD	Point-in-time
CASH END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$52.28K	USD	Point-in-time
CASH END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$24.17K	USD	Point-in-time
CASH END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.76K	USD	Point-in-time
CASH END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.28K	USD	Point-in-time
Interest	`InterestPaidNet`	-	USD	3 Qtrs
Interest	`InterestPaidNet`	-	USD	3 Qtrs
Taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Forgiveness of related party debt	`ForgivenessOfRelatedPartyDebt`	-	USD	3 Qtrs
Forgiveness of related party debt	`ForgivenessOfRelatedPartyDebt`	$-360.00K	USD	3 Qtrs

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Balance June 30, 2021	`StockholdersEquity`	$116.92K	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
Balance June 30, 2021	`StockholdersEquity`	$-290.23K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$778.93K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$-347.49K	USD	Point-in-time
Balance June 30, 2021	`StockholdersEquity`	$-335.85K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$104.40K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.96K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-72.14K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-13.71K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-26.51K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$764.45K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-31.91K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$662.01K	USD	1 Quarter
Forgiveness of related part debt	`ForgivenessOfRelatedPartDebt`	$360.00K	USD	1 Quarter
Balance September 30, 2021	`StockholdersEquity`	$116.92K	USD	Point-in-time
Balance September 30, 2021	`StockholdersEquity`	$-322.14K	USD	Point-in-time
Balance September 30, 2021	`StockholdersEquity`	$-345.52K	USD	Point-in-time
Balance September 30, 2021	`StockholdersEquity`	$-290.23K	USD	Point-in-time
Balance September 30, 2021	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Balance September 30, 2021	`StockholdersEquity`	$778.93K	USD	Point-in-time
Balance September 30, 2021	`StockholdersEquity`	$-347.49K	USD	Point-in-time
Balance September 30, 2021	`StockholdersEquity`	$-335.85K	USD	Point-in-time

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