10-Q Filing

DROR ORTHO-DESIGN, INC. CIK: 1282980 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001387131-22-011403`
Period End Date	20220930
Filing Date	20221114
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	nvnt-10q_093022_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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.94K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$97.71K	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
Preferred stock,shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	$1.36K	USD	Point-in-time
Preferred stock,shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivables - related party	`AccountsReceivableRelatedPartiesCurrent`	-	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, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.09K	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`	$102.80K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$192.36K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$192.36K	USD	Point-in-time
Commons stock, shares issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$102.80K	USD	Point-in-time
Commons stock, shares issued	`CommonStockSharesIssued`	202.31M	shares	Point-in-time
Commons stock, shares outstanding	`CommonStockSharesOutstanding`	202.31M	shares	Point-in-time
Commons stock, shares outstanding	`CommonStockSharesOutstanding`	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`	$670.63K	USD	Point-in-time
Accrued Royalties	`AccruedRoyaltiesCurrent`	$633.13K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$770.53K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$737.47K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$770.53K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$737.47K	USD	Point-in-time
Preferred stock, $0.0001 par value; 12,500,000 shares authorized, 0 shares issued and outstanding as of September 30, 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 September 30, 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 September 30, 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 September 30, 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`	$-41.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.62M	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-667.73K	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-486.67K	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-545.11K	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-631.28K	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-374.60K	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-459.46K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$102.80K	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
Revenue	`Revenues`	$913.00	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	$2.57K	USD	3 Qtrs
Revenue	`Revenues`	-	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$13.32K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$52.83K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$6.66K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$40.60K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$73.89K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$21.41K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$23.13K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$69.79K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$36.46K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$114.49K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$122.61K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$28.07K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-36.46K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-111.92K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-27.16K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-122.61K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$14.00	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$50.00	USD	1 Quarter
Interest expense, net	`InterestExpense`	$155.00	USD	3 Qtrs
Interest expense, net	`InterestExpense`	-	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-14.00	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-50.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-155.00	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-36.46K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.21K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-112.07K	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-122.63K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-112.07K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-36.46K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.21K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-122.63K	USD	3 Qtrs
Net loss per share, basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Net loss per share, basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Net loss per share, basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Net loss per share, basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Net loss per share, diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net loss per share, diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net loss per share, diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Net loss per share, diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Weighted-average common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	1 Quarter
Weighted-average common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	3 Qtrs
Weighted-average common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	3 Qtrs
Weighted-average common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	202.31M	shares	1 Quarter
Weighted-average common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	3 Qtrs
Weighted-average common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	1 Quarter
Weighted-average common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	1 Quarter
Weighted-average common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.31M	shares	3 Qtrs

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-112.07K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-36.46K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.21K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-122.63K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$25.00	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.07K	USD	3 Qtrs
Accounts receivables related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$1.36K	USD	3 Qtrs
Accounts receivables related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-1.36K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-18.15K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.43K	USD	3 Qtrs
Accrued Royalties	`IncreaseDecreaseInAccruedRoyalties`	$37.50K	USD	3 Qtrs
Accrued Royalties	`IncreaseDecreaseInAccruedRoyalties`	$37.50K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-88.23K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-93.01K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-88.23K	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-93.01K	USD	3 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$97.71K	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`	$322.03K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$229.02K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$97.71K	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`	$322.03K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$229.02K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$14.00	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$155.00	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
Beginning balance, value	`StockholdersEquity`	$-667.73K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-486.67K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-545.11K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-631.28K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-459.46K	USD	Point-in-time
Net Loss	`NetIncomeLoss`	$-112.07K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-36.46K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-27.21K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-122.63K	USD	3 Qtrs
Ending balance, value	`StockholdersEquity`	$-667.73K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-486.67K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-545.11K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-631.28K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-374.60K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-459.46K	USD	Point-in-time

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