10-Q Filing

DROR ORTHO-DESIGN, INC. CIK: 1282980 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001387131-21-005971`
Period End Date	20210331
Filing Date	20210521
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	nvnt-20210331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 24 Cash Flow Statement 21 Stockholders Equity 10

Balance Sheet 48 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`	$431.71K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$398.07K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$322.03K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$267.64K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	$1.15K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.04K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.23K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$328.07K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$275.02K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$328.07K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$275.02K	USD	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`	$702.67K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$697.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$702.67K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$697.12K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$697.12K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$702.67K	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of March 31, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of March 31, 2021 and December 31, 2020	`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 March 31, 2021 and December 31, 2020	`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 March 31, 2021 and December 31, 2020	`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`	$-41.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.45M	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-257.00K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-422.10K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-374.60K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-206.61K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$328.07K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$275.02K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$1.00K	USD	1 Quarter
Revenue	`Revenues`	$1.20K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$21.51K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$31.20K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.14K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.09K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$51.29K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$48.65K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-50.29K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-47.45K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$106.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$53.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-53.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-106.00	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-50.39K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-47.50K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.50K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-50.39K	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.31M	shares	1 Quarter

Cash Flow Statement 21 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-47.50K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-50.39K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.96K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$188.00	USD	1 Quarter
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$1.15K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$19.71K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.55K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.39K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.64K	USD	1 Quarter
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-54.39K	USD	1 Quarter
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-33.64K	USD	1 Quarter
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$431.71K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$398.07K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$322.03K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$267.64K	USD	Point-in-time
Cash and cash equivalents, end of period	`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`	$322.03K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$267.64K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$53.00	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$106.00	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance, at Beginning	`StockholdersEquity`	$-257.00K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-422.10K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Balance, at Beginning	`StockholdersEquity`	$-206.61K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-47.50K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-50.39K	USD	1 Quarter
Balance, at Ending	`StockholdersEquity`	$-257.00K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-422.10K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Balance, at Ending	`StockholdersEquity`	$-206.61K	USD	Point-in-time

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