10-Q Filing

DROR ORTHO-DESIGN, INC. CIK: 1282980 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001387131-20-004779`
Period End Date	20200331
Filing Date	20200514
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	nvnt-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 23 Cash Flow Statement 22 Stockholders Equity 10

Balance Sheet 45 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`	12.50M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	12.50M	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$398.07K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$508.55K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$481.56K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.00K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.05K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$433.76K	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
Total Current Assets	`AssetsCurrent`	$403.08K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$433.76K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$403.08K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$640.37K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$660.08K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$660.08K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$640.37K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$640.37K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$660.08K	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of March 31, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 500,000,000 shares authorized, 202,308,728 shares issued andoutstanding as of March 31, 2020 and December 31, 2019	`CommonStockValue`	$20.23K	USD	Point-in-time
Common stock, $0.0001 par value; 500,000,000 shares authorized, 202,308,728 shares issued andoutstanding as of March 31, 2020 and December 31, 2019	`CommonStockValue`	$20.23K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$41.06M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$41.06M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.34M	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-72.43K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-257.00K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-206.61K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-112.90K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$433.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$403.08K	USD	Point-in-time

Income Statement 23 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$1.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$31.20K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$19.89K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.09K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.49K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$51.29K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$40.39K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-50.29K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-40.39K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$82.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$106.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-106.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-82.00	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-50.39K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-40.47K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-50.39K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-40.47K	USD	1 Quarter
Net loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted-average common shares outstanding Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	1 Quarter
Weighted-average common shares outstanding Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	1 Quarter

Cash Flow Statement 22 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-50.39K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-40.47K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-330.00	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.96K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.15K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$19.71K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.64K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.99K	USD	1 Quarter
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-33.64K	USD	1 Quarter
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-26.99K	USD	1 Quarter
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$398.07K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$508.55K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$481.56K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$398.07K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$508.55K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$481.56K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$106.00	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$163.00	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance, at Beginning	`StockholdersEquity`	$-72.43K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-257.00K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-112.90K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-50.39K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-40.47K	USD	1 Quarter
Balance, at Ending	`StockholdersEquity`	$-72.43K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-257.00K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-112.90K	USD	Point-in-time

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