10-Q Filing

DROR ORTHO-DESIGN, INC. CIK: 1282980 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001387131-20-009881`
Period End Date	20200930
Filing Date	20201113
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	nvnt-20200930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 43 Cash Flow Statement 24 Stockholders Equity 16

Balance Sheet 46 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$336.92K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.07K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.05K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$342.99K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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
TOTAL ASSETS	`Assets`	$433.76K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$342.99K	USD	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`	$683.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$683.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$640.37K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$683.12K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$640.37K	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of September 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of September 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 and outstanding as of September 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 and outstanding as of September 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`	$-41.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.29M	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`	$-174.05K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-288.57K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-340.13K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-72.43K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$433.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$342.99K	USD	Point-in-time

Income Statement 43 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$1.00K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$13.94K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$30.43K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$70.55K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$40.08K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$61.32K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.45K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$63.75K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$21.06K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$51.50K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$34.39K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$101.40K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$134.30K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-101.40K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-34.39K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-51.50K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-133.30K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$58.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$51.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$224.00	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$214.00	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-224.00	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-51.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-214.00	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-58.00	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-51.56K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-101.61K	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-133.52K	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-34.44K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-133.52K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-101.61K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-51.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.44K	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	3 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	3 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	1 Quarter

Cash Flow Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-133.52K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-101.61K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-51.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.44K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.30K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.02K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$42.74K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$37.28K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-94.79K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-62.03K	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-94.79K	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-62.03K	USD	3 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.92K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$508.55K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$446.51K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$431.71K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.92K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$508.55K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$446.51K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$431.71K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$224.00	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$214.00	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, at Beginning	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-139.61K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-174.05K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-288.57K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-340.13K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-72.43K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-133.52K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-101.61K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-51.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.44K	USD	1 Quarter
Balance, at Ending	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-139.61K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-174.05K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-288.57K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-340.13K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-72.43K	USD	Point-in-time

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