10-K Filing

KUBER RESOURCES CORP CIK: 1081834 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001214659-23-005432`
Period End Date	20221231
Filing Date	20230417
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	p33023810k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 29 Cash Flow Statement 38 Stockholders Equity 9

Balance Sheet 49 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`	10.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.28K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.19K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Prepaid expense and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.09M	USD	Point-in-time
Prepaid expense 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
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, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Loan to related party	`LoanToRelatedParty`	$55.17K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.61M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$56.09K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	132.61M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.26M	USD	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
Property plant and equipment, net	`PropertyPlantAndEquipmentNet`	$637.00	USD	Point-in-time
Property plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.06K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$57.15K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.26M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$14.41K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$130.47K	USD	Point-in-time
Short term borrowings	`ShortTermBorrowings`	$170.71K	USD	Point-in-time
Short term borrowings	`ShortTermBorrowings`	$77.78K	USD	Point-in-time
Notes payable related party	`NotesPayableCurrent`	-	USD	Point-in-time
Notes payable related party	`NotesPayableCurrent`	$167.55K	USD	Point-in-time
Contract liability	`ContractWithCustomerLiabilityCurrent`	$50.00K	USD	Point-in-time
Contract liability	`ContractWithCustomerLiabilityCurrent`	$275.72K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$402.67K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$483.98K	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 December 31,2022 and 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 December 31,2022 and 2021	`CommonStockValue`	$32.61K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$3.92M	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$3.66M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-3.29M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-4.04M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$772.61K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-345.52K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$1.26M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$57.15K	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$1.56M	USD	Annual
Sales	`Revenues`	-	USD	Annual
Cost of goods sold	`CostOfRevenue`	$736.21K	USD	Annual
Gross Profit	`GrossProfit`	-	USD	Annual
Gross Profit	`GrossProfit`	$826.42K	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$16.92K	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$7.67K	USD	Annual
Professional fees	`ProfessionalFees`	$64.89K	USD	Annual
Professional fees	`ProfessionalFees`	$60.20K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	-	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$428.00	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$68.29K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$81.81K	USD	Annual
Net Income from operations	`OperatingIncomeLoss`	$758.13K	USD	Annual
Net Income from operations	`OperatingIncomeLoss`	$-81.81K	USD	Annual
Interest income	`InterestIncomeExpenseNet`	$2.00	USD	Annual
Interest income	`InterestIncomeExpenseNet`	-	USD	Annual
Gain (loss) on settlement of debt	`GainLossOnSettlementOfDebt`	-	USD	Annual
Gain (loss) on settlement of debt	`GainLossOnSettlementOfDebt`	-	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$2.00	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Income	`NetIncomeLoss`	$758.13K	USD	Annual
Net Income	`NetIncomeLoss`	$-81.81K	USD	Annual
Basic and dilutive net loss per common share	`EarningsPerShareBasicAndDilutedOne`	-	USD	Annual
Basic and dilutive net loss per common share	`EarningsPerShareBasicAndDilutedOne`	$0.01	USD	Annual
Weighted average number of common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDilutedOne`	85.76M	shares	Annual
Weighted average number of common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDilutedOne`	32.61M	shares	Annual

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net Income (loss)	`NetIncomeLoss`	$758.13K	USD	Annual
Net Income (loss)	`NetIncomeLoss`	$-81.81K	USD	Annual
Depreciation expense	`Depreciation`	$428.00	USD	Annual
Depreciation expense	`Depreciation`	$224.00	USD	Annual
Prepaid expense and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.50K	USD	Annual
Prepaid expense and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.09M	USD	Annual
Interest receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$-1.00	USD	Annual
Interest receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$1.00	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$12.50K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$116.06K	USD	Annual
Short term borrowings	`IncreaseDecreaseInShortTermBorrowings`	$71.40K	USD	Annual
Short term borrowings	`IncreaseDecreaseInShortTermBorrowings`	$99.52K	USD	Annual
Contract liability	`IncreaseDecreaseInContractWithCustomerLiability`	$225.72K	USD	Annual
Contract liability	`IncreaseDecreaseInContractWithCustomerLiability`	$50.00K	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$50.81K	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$112.08K	USD	Annual
Fixed asset purchase	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.29K	USD	Annual
Fixed asset purchase	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Loan to related party	`LoansToRelatedParty`	$-55.17K	USD	Annual
Loan to related party	`LoansToRelatedParty`	-	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-55.17K	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-1.29K	USD	Annual
FOREIGN CURRENCY TRANSLATION	`ForeignCurrencyTranslation`	-	USD	Annual
FOREIGN CURRENCY TRANSLATION	`ForeignCurrencyTranslation`	-	USD	Annual
NET INCREASE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$49.52K	USD	Annual
NET INCREASE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$56.91K	USD	Annual
CASH BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.19K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.28K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.76K	USD	Point-in-time
CASH END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.19K	USD	Point-in-time
CASH END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.28K	USD	Point-in-time
CASH END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.76K	USD	Point-in-time
Interest	`InterestPaidNet`	-	USD	Annual
Interest	`InterestPaidNet`	-	USD	Annual
Taxes	`IncomeTaxesPaid`	-	USD	Annual
Taxes	`IncomeTaxesPaid`	-	USD	Annual
Repayment of related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayment of related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$360.00K	USD	Annual

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance December 31, 2021	`StockholdersEquity`	$772.61K	USD	Point-in-time
Balance December 31, 2021	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Balance December 31, 2021	`StockholdersEquity`	$-345.52K	USD	Point-in-time
Shares issued for related party debt settlement	`SharesIssuedForRelatedPartyDebtSettlement`	$360.00K	USD	Annual
Net income	`ProfitLoss`	$-372.74K	USD	Annual
Net income	`ProfitLoss`	$758.13K	USD	Annual
Balance - December 31, 2022	`StockholdersEquity`	$772.61K	USD	Point-in-time
Balance - December 31, 2022	`StockholdersEquity`	$-263.71K	USD	Point-in-time
Balance - December 31, 2022	`StockholdersEquity`	$-345.52K	USD	Point-in-time

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