10-Q Filing

DROR ORTHO-DESIGN, INC. CIK: 1282980 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001387131-22-008713`
Period End Date	20220630
Filing Date	20220812
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	nvnt-10q_063022_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 56 Cash Flow Statement 30 Stockholders Equity 16

Balance Sheet 50 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.92K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.94K	USD	Point-in-time
Preferred stock,shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Preferred stock,shares issued	`PreferredStockSharesIssued`	0.00	shares	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
Prepaid expenses	`PrepaidExpenseCurrent`	$1.84K	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$126.76K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$192.36K	USD	Point-in-time
Commons stock, shares outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$126.76K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$192.36K	USD	Point-in-time
Commons stock, shares outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
Commons stock, shares issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
Commons 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`	$99.90K	USD	Point-in-time
Accrued Royalties	`AccruedRoyaltiesCurrent`	$633.13K	USD	Point-in-time
Accrued Royalties	`AccruedRoyaltiesCurrent`	$658.13K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$737.47K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$758.04K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$737.47K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$758.04K	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of December 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 December 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 December 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 December 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`	$-41.62M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.71M	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 STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-459.46K	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`	$-631.28K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$126.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$192.36K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net loss per share , basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Revenue	`Revenues`	-	USD	2 Qtrs
Revenue	`Revenues`	$460.00	USD	1 Quarter
Net loss per share , basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Revenue	`Revenues`	$1.66K	USD	2 Qtrs
Net loss per share , basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Net loss per share , basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Net loss per share , diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Net loss per share , diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net loss per share , diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Net loss per share , diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Weighted-average common shares outstanding , basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	2 Qtrs
Professional fees	`ProfessionalFees`	$13.86K	USD	1 Quarter
Weighted-average common shares outstanding , basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	1 Quarter
Weighted-average common shares outstanding , basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	2 Qtrs
Professional fees	`ProfessionalFees`	$12.42K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$39.50K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$33.93K	USD	2 Qtrs
Weighted-average common shares outstanding , basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$23.00K	USD	1 Quarter
Weighted-average common shares outstanding , diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	2 Qtrs
Weighted-average common shares outstanding , diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	1 Quarter
Weighted-average common shares outstanding , diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$25.34K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$52.48K	USD	2 Qtrs
Weighted-average common shares outstanding , diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$46.66K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$36.86K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$86.16K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$86.41K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$37.77K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-84.76K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-37.31K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-86.16K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-36.86K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$52.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$105.00	USD	2 Qtrs
Interest expense, net	`InterestExpense`	-	USD	1 Quarter
Interest expense, net	`InterestExpense`	$14.00	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-105.00	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-14.00	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-52.00	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.36K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-36.86K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-86.17K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-84.86K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.86K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-84.86K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-86.17K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-37.36K	USD	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-36.86K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-84.86K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-86.17K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-37.36K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.23K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.04K	USD	2 Qtrs
Accounts receivables - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-1.36K	USD	2 Qtrs
Accounts receivables - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$485.00	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.43K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.43K	USD	2 Qtrs
Accrued Royalties	`AccruedRoyalties`	$25.00K	USD	2 Qtrs
Accrued Royalties	`AccruedRoyalties`	$25.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-70.74K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-61.02K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-61.02K	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-70.74K	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.92K	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`	$251.29K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.03K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.92K	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`	$251.29K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.03K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$105.00	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$14.00	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-594.42K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-459.46K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-545.11K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-422.10K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-631.28K	USD	Point-in-time
Net Loss	`NetIncomeLoss`	$-36.86K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-84.86K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-86.17K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-37.36K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-594.42K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-459.46K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-545.11K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-422.10K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-631.28K	USD	Point-in-time

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