10-Q Filing

RHINO BITCOIN INC. CIK: 1785493 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001493152-21-014621`
Period End Date	20210430
Filing Date	20210617
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	phpc-20210430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 52 Cash Flow Statement 50 Stockholders Equity 24

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
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$59.85K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$10.88K	USD	Point-in-time
Operating lease asset-right of use	`OperatingLeaseRightOfUseAsset`	$14.15K	USD	Point-in-time
Operating lease asset-right of use	`OperatingLeaseRightOfUseAsset`	$26.82K	USD	Point-in-time
Operating lease asset-right of use	`OperatingLeaseRightOfUseAsset`	$2.70K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Non Current Assets	`AssetsNoncurrent`	$13.59K	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
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
Common stock, shares issued	`CommonStockSharesIssued`	331.92M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.92M	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$17.94K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$9.88K	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
Prepayments and deposits	`PrepaymentsAndDepositsCurrent`	$238.78K	USD	Point-in-time
Prepayments and deposits	`PrepaymentsAndDepositsCurrent`	$242.94K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.17M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.67M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.19M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.74M	USD	Point-in-time
Trade payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Trade payable	`AccountsPayableCurrent`	$577.00	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$718.93K	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$41.67K	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`	$3.17K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$16.63K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$58.88K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$722.10K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$722.10K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$58.88K	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 April 30, 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 April 30, 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`	$-812.45K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.03M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.68M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.60M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$2.48M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.74M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.65M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.46M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.90M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$2.21M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.19M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.74M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.07K	USD	1 Quarter
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.62K	USD	1 Quarter
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$61.45K	USD	3 Qtrs
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$28.82K	USD	3 Qtrs
COST OF REVENUE	`CostOfRevenue`	$7.15K	USD	1 Quarter
COST OF REVENUE	`CostOfRevenue`	$12.95K	USD	1 Quarter
COST OF REVENUE	`CostOfRevenue`	$43.13K	USD	3 Qtrs
COST OF REVENUE	`CostOfRevenue`	$38.87K	USD	3 Qtrs
GROSS PROFIT/(LOSS)	`GrossProfit`	$22.59K	USD	3 Qtrs
GROSS PROFIT/(LOSS)	`GrossProfit`	$1.68K	USD	1 Quarter
GROSS PROFIT/(LOSS)	`GrossProfit`	$15.92K	USD	1 Quarter
GROSS PROFIT/(LOSS)	`GrossProfit`	$-14.32K	USD	3 Qtrs
OTHER INCOME	`OtherNonoperatingIncome`	$37.32K	USD	3 Qtrs
OTHER INCOME	`OtherNonoperatingIncome`	$11.74K	USD	3 Qtrs
OTHER INCOME	`OtherNonoperatingIncome`	$540.00	USD	1 Quarter
OTHER INCOME	`OtherNonoperatingIncome`	-	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$777.12K	USD	3 Qtrs
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$174.21K	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$135.30K	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$242.98K	USD	3 Qtrs
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-133.62K	USD	1 Quarter
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-157.75K	USD	1 Quarter
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-219.98K	USD	3 Qtrs
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-742.79K	USD	3 Qtrs
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
INCOME TAX PROVISION	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-157.75K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-219.98K	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-310.72K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-133.62K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-274.32K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-742.79K	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-51.01K	USD	1 Quarter
OTHER COMPREHENSIVE LOSS	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
OTHER COMPREHENSIVE LOSS	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	3 Qtrs
OTHER COMPREHENSIVE LOSS	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	3 Qtrs
OTHER COMPREHENSIVE LOSS	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-219.98K	USD	3 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-157.75K	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-742.79K	USD	3 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-133.62K	USD	1 Quarter
Net loss per share, basic and diluted:	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
Net loss per share, basic and diluted:	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	3 Qtrs
Net loss per share, basic and diluted:	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	3 Qtrs
Net loss per share, basic and diluted:	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	331.92M	shares	3 Qtrs
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	331.92M	shares	3 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

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-157.75K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-219.98K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-310.72K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-133.62K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-274.32K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-742.79K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-51.01K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.09K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$48.97K	USD	3 Qtrs
Operating lease expenses	`OperatingLeaseExpenses`	$11.45K	USD	3 Qtrs
Operating lease expenses	`OperatingLeaseExpenses`	$10.73K	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$17.99K	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-8.06K	USD	3 Qtrs
Prepayments and deposits	`IncreaseDecreaseInPrepaymentsAndDeposits`	$2.19K	USD	3 Qtrs
Prepayments and deposits	`IncreaseDecreaseInPrepaymentsAndDeposits`	$-4.16K	USD	3 Qtrs
Trade payable	`IncreaseDecreaseInAccountsPayableTrade`	$-577.00	USD	3 Qtrs
Trade payable	`IncreaseDecreaseInAccountsPayableTrade`	$15.98K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$677.26K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-7.09K	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-13.46K	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-9.64K	USD	3 Qtrs
Amount due to related party	`IncreaseDecreaseInDueToRelatedParties`	-	USD	3 Qtrs
Amount due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-6.46K	USD	3 Qtrs
Net cash generated from/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-721.38K	USD	3 Qtrs
Net cash generated from/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$515.88K	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.26K	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-114.26K	USD	3 Qtrs
Subscriptions receivables	`ProceedsFromSubscriptionsReceivables`	$212.97K	USD	3 Qtrs
Subscriptions receivables	`ProceedsFromSubscriptionsReceivables`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$212.97K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	3 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-622.66K	USD	3 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$515.88K	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.67M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.92M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.29M	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`	$1.67M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.92M	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`	$1.41M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Interest paid	`InterestPaidNet`	-	USD	3 Qtrs
Interest paid	`InterestPaidNet`	-	USD	3 Qtrs

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.68M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.48M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.74M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.65M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.46M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.21M	USD	Point-in-time
Net loss for the period	`NetIncomeLoss`	$-157.75K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-219.98K	USD	3 Qtrs
Net loss for the period	`NetIncomeLoss`	$-310.72K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-133.62K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-274.32K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-742.79K	USD	3 Qtrs
Net loss for the period	`NetIncomeLoss`	$-51.01K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.68M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.48M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.74M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.65M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.46M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.21M	USD	Point-in-time

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