10-Q Filing

DROR ORTHO-DESIGN, INC. CIK: 1282980 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001387131-22-006134`
Period End Date	20220331
Filing Date	20220513
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	nvnt-10q_033122_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 28 Cash Flow Statement 26 Stockholders Equity 10

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	12.50M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	12.50M	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.94K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$147.15K	USD	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	$1.36K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.07K	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.27K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$152.42K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$192.36K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$192.36K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$152.42K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$104.34K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$101.21K	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$633.13K	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$645.63K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$746.84K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$737.47K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$737.47K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$746.84K	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of March 31, 2022 and December 31, 2021	`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, 2022 and December 31, 2021	`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, 2022 and December 31, 2021	`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, 2022 and December 31, 2021	`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`	$-41.62M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.67M	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-545.11K	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`	$-594.42K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$192.36K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$152.42K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	$1.20K	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$25.65K	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	1 Quarter
Professional fees	`ProfessionalFees`	$21.51K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$23.65K	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.14K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$48.65K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$49.30K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-49.30K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-47.45K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$53.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$14.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-14.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-53.00	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-49.31K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-47.50K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.31K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.50K	USD	1 Quarter

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-49.31K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.50K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$203.00	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$188.00	USD	1 Quarter
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$1.15K	USD	1 Quarter
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$-1.36K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.13K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.55K	USD	1 Quarter
Accrued royalties	`AccruedRoyalties`	-	USD	1 Quarter
Accrued royalties	`AccruedRoyalties`	$12.50K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.39K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.79K	USD	1 Quarter
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-54.39K	USD	1 Quarter
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-38.79K	USD	1 Quarter
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.03K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.94K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$267.64K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$147.15K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.03K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.94K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$267.64K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$147.15K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$53.00	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$14.00	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
Beginning balance, value	`StockholdersEquity`	$-545.11K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-422.10K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-594.42K	USD	Point-in-time
Net Loss	`NetIncomeLoss`	$-49.31K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-47.50K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-545.11K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-422.10K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-594.42K	USD	Point-in-time

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