10-Q Filing

DROR ORTHO-DESIGN, INC. CIK: 1282980 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001387131-20-007507`
Period End Date	20200630
Filing Date	20200814
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	nvnt-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 43 Cash Flow Statement 22 Stockholders Equity 16

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
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$374.30K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	-	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`	$374.30K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$374.30K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$433.76K	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`	$662.88K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$640.37K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$662.88K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$640.37K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$662.88K	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of June 30, 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 June 30, 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 June 30, 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`	$-41.37M	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-72.43K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-112.90K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-206.61K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-139.61K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-288.57K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-257.00K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$433.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$374.30K	USD	Point-in-time

Income Statement 43 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$1.00K	USD	2 Qtrs
Revenue	`Revenues`	-	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$6.24K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$8.91K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$26.14K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$40.11K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$22.60K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$40.88K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.38K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$42.69K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$67.01K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$26.62K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$31.51K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$82.80K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-26.62K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-31.51K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-67.01K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-81.80K	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$81.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$60.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$166.00	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$163.00	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-60.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-81.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-163.00	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-166.00	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-67.17K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-31.57K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-81.96K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-26.70K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-31.57K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-67.17K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-26.70K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.96K	USD	2 Qtrs
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
Net loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Weighted-average common shares outstanding Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	2 Qtrs
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	2 Qtrs
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`	$-31.57K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-67.17K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-26.70K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.96K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.05K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.11K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$28.76K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$22.50K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.30K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-57.41K	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-34.30K	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-57.41K	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$374.30K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$431.71K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$474.25K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$508.55K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$374.30K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$431.71K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$474.25K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$508.55K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$163.00	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$166.00	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, at Beginning	`StockholdersEquity`	$-72.43K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-112.90K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-139.61K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-288.57K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-257.00K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-31.57K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-67.17K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-26.70K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.96K	USD	2 Qtrs
Balance, at Ending	`StockholdersEquity`	$-72.43K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-112.90K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-139.61K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-288.57K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-257.00K	USD	Point-in-time

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