10-Q Filing

RHINO BITCOIN INC. CIK: 1785493 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001493152-21-006199`
Period End Date	20210131
Filing Date	20210317
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	phpc-20210131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 50 Cash Flow Statement 48 Stockholders Equity 18

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$59.85K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$27.20K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Operating lease asset-right of use	`OperatingLeaseRightOfUseAsset`	$6.81K	USD	Point-in-time
Operating lease asset-right of use	`OperatingLeaseRightOfUseAsset`	$26.77K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Operating lease asset-right of use	`OperatingLeaseRightOfUseAsset`	$14.15K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Non Current Assets	`AssetsNoncurrent`	$74.00K	USD	Point-in-time
Total Non Current Assets	`AssetsNoncurrent`	$34.02K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	331.92M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.41M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	331.92M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.65M	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$17.94K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	331.92M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	331.92M	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$9.88K	USD	Point-in-time
Prepayments and deposits	`PrepaymentsAndDepositsCurrent`	$245.07K	USD	Point-in-time
Prepayments and deposits	`PrepaymentsAndDepositsCurrent`	$242.94K	USD	Point-in-time
Subscription receivables	`SubscriptionReceivablesCurrent`	-	USD	Point-in-time
Subscription receivables	`SubscriptionReceivablesCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.67M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.90M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.94M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.74M	USD	Point-in-time
Trade payable	`AccountsPayableCurrent`	$577.00	USD	Point-in-time
Trade payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$332.13K	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$41.67K	USD	Point-in-time
Amount due to related parties	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Amount due to related parties	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$26.82K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$16.63K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$58.88K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$340.13K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$58.88K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$340.13K	USD	Point-in-time
Preferred stock, $0.0001 par value; 200,000,000 shares authorized; None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 200,000,000 shares authorized; None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Shares, par value $0.0001; 1,000,000,000 shares authorized, 331,917,500 shares issued and outstanding as of January 31, 2021 and July 31, 2020	`CommonStockValue`	$33.19K	USD	Point-in-time
Common Shares, par value $0.0001; 1,000,000,000 shares authorized, 331,917,500 shares issued and outstanding as of January 31, 2021 and July 31, 2020	`CommonStockValue`	$33.19K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.46M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-898.80K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-812.45K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.65M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.60M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.68M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$2.21M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.90M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$2.48M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.94M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.74M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.08K	USD	1 Quarter
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.19K	USD	2 Qtrs
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$38.38K	USD	2 Qtrs
COST OF REVENUE	`CostOfRevenue`	$30.18K	USD	2 Qtrs
COST OF REVENUE	`CostOfRevenue`	$31.71K	USD	2 Qtrs
COST OF REVENUE	`CostOfRevenue`	$30.88K	USD	1 Quarter
COST OF REVENUE	`CostOfRevenue`	$21.12K	USD	1 Quarter
GROSS (LOSS)/ PROFIT	`GrossProfit`	$-21.12K	USD	1 Quarter
GROSS (LOSS)/ PROFIT	`GrossProfit`	$6.67K	USD	2 Qtrs
GROSS (LOSS)/ PROFIT	`GrossProfit`	$-7.80K	USD	1 Quarter
GROSS (LOSS)/ PROFIT	`GrossProfit`	$-15.99K	USD	2 Qtrs
OTHER INCOME	`OtherNonoperatingIncome`	$53.70K	USD	2 Qtrs
OTHER INCOME	`OtherNonoperatingIncome`	$11.20K	USD	2 Qtrs
OTHER INCOME	`OtherNonoperatingIncome`	$8.18K	USD	1 Quarter
OTHER INCOME	`OtherNonoperatingIncome`	$32.15K	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$62.04K	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$124.07K	USD	2 Qtrs
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$602.91K	USD	2 Qtrs
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$310.72K	USD	1 Quarter
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-86.35K	USD	2 Qtrs
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-310.34K	USD	1 Quarter
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-51.01K	USD	1 Quarter
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-585.04K	USD	2 Qtrs
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-274.70K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-51.01K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-585.04K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-86.35K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-310.34K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
OTHER COMPREHENSIVE LOSS	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
OTHER COMPREHENSIVE LOSS	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
OTHER COMPREHENSIVE LOSS	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
OTHER COMPREHENSIVE LOSS	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-51.01K	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-86.35K	USD	2 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-310.34K	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-585.04K	USD	2 Qtrs
Net loss per share, basic and diluted:	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net loss per share, basic and diluted:	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share, basic and diluted:	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net loss per share, basic and diluted:	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	331.92M	shares	2 Qtrs
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	331.92M	shares	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	331.92M	shares	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	331.92M	shares	2 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-274.70K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-51.01K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-585.04K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-86.35K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-310.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
Depreciation	`Depreciation`	$21.76K	USD	2 Qtrs
Depreciation	`Depreciation`	$32.65K	USD	2 Qtrs
Operating lease expenses	`OperatingLeaseExpenses`	$6.83K	USD	2 Qtrs
Operating lease expenses	`OperatingLeaseExpenses`	$7.34K	USD	2 Qtrs
Amount due from director	`AmountDueFromDirector`	-	USD	2 Qtrs
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$52.00	USD	2 Qtrs
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$-8.06K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$22.05K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-577.00	USD	2 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-10.00K	USD	2 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$290.47K	USD	2 Qtrs
Other receivables and prepayment	`IncreaseDecreaseInOtherReceivablesAndPrepayments`	$2.14K	USD	2 Qtrs
Other receivables and prepayment	`IncreaseDecreaseInOtherReceivablesAndPrepayments`	$5.48K	USD	2 Qtrs
Amount due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-6.46K	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-6.08K	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-8.64K	USD	2 Qtrs
Net cash provided by/(used in) operating activity	`NetCashProvidedByUsedInOperatingActivities`	$240.81K	USD	2 Qtrs
Net cash provided by/(used in) operating activity	`NetCashProvidedByUsedInOperatingActivities`	$-562.48K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.26K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-114.26K	USD	2 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Subscriptions receivables	`ProceedsFromSubscriptionsReceivables`	-	USD	2 Qtrs
Subscriptions receivables	`ProceedsFromSubscriptionsReceivables`	$197.81K	USD	2 Qtrs
Net cash provided by financing activity	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activity	`NetCashProvidedByUsedInFinancingActivities`	$197.81K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	2 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-478.93K	USD	2 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$240.81K	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.29M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.65M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.81M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.41M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.29M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.81M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.41M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Interest paid	`InterestPaidNet`	-	USD	2 Qtrs
Interest paid	`InterestPaidNet`	-	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.65M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.68M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.21M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.48M	USD	Point-in-time
Net loss for the period	`NetIncomeLoss`	$-274.70K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-51.01K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-585.04K	USD	2 Qtrs
Net loss for the period	`NetIncomeLoss`	$-86.35K	USD	2 Qtrs
Net loss for the period	`NetIncomeLoss`	$-310.34K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.65M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.68M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.21M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.48M	USD	Point-in-time

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