10-Q Filing

BLUEONE CARD, INC. CIK: 1496690 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-027842`
Period End Date	20230630
Filing Date	20230811
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 38 Cash Flow Statement 50 Stockholders Equity 13

Balance Sheet 64 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`	25.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	292,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	292,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	292,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	292,000.00	shares	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.03M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.34M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$668.12K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.24M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.34M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.03M	shares	Point-in-time
Inventory	`InventoryNet`	$74.50K	USD	Point-in-time
Inventory	`InventoryNet`	$74.50K	USD	Point-in-time
Prepaid deposits and other current assets	`PrepaidExpenseCurrent`	$6.76K	USD	Point-in-time
Prepaid deposits and other current assets	`PrepaidExpenseCurrent`	$7.05K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.32M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$749.67K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$223.82K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$47.29K	USD	Point-in-time
Software development	`SoftwareDevelopmentNet`	$285.89K	USD	Point-in-time
Software development	`SoftwareDevelopmentNet`	$145.89K	USD	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$109.72K	USD	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$48.40K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$4.39K	USD	Point-in-time
Total Assets	`Assets`	$991.25K	USD	Point-in-time
Total Assets	`Assets`	$1.95M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$79.54K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$69.16K	USD	Point-in-time
Compensation payable to officer	`CompensationPayable`	$426.12K	USD	Point-in-time
Compensation payable to officer	`CompensationPayable`	$380.75K	USD	Point-in-time
Lease liability - current maturity	`OperatingLeaseLiabilityCurrent`	$37.35K	USD	Point-in-time
Lease liability - current maturity	`OperatingLeaseLiabilityCurrent`	$17.38K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$503.44K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$558.40K	USD	Point-in-time
Lease liability - net of current maturity	`OperatingLeaseLiabilityNoncurrent`	$24.86K	USD	Point-in-time
Lease liability - net of current maturity	`OperatingLeaseLiabilityNoncurrent`	$67.08K	USD	Point-in-time
Total Liabilities	`Liabilities`	$528.30K	USD	Point-in-time
Total Liabilities	`Liabilities`	$625.48K	USD	Point-in-time
Commitments and Contingencies (See Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (See Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 25,000,000 shares authorized, 292,000 shares issued and outstanding at June 30, 2023 and March 31, 2023, respectively	`PreferredStockValue`	$292.00	USD	Point-in-time
Preferred stock, $0.001 par value; 25,000,000 shares authorized, 292,000 shares issued and outstanding at June 30, 2023 and March 31, 2023, respectively	`PreferredStockValue`	$292.00	USD	Point-in-time
Common stock, $0.001 par value; 500,000,000 shares authorized, 12,033,704 shares and 10,336,004 shares issued and outstanding at June 30, 2023 and March 31, 2023, respectively	`CommonStockValue`	$10.34K	USD	Point-in-time
Common stock, $0.001 par value; 500,000,000 shares authorized, 12,033,704 shares and 10,336,004 shares issued and outstanding at June 30, 2023 and March 31, 2023, respectively	`CommonStockValue`	$12.03K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$3.89M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.09M	USD	Point-in-time
Stock subscriptions received	`StockSubscriptionReceived`	-	USD	Point-in-time
Stock subscriptions received	`StockSubscriptionReceived`	$617.70K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.26M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$91.54K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.32M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$462.94K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$109.70K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.95M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$991.25K	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of sales - Inventory reserve	`CostOfSalesInventoryReserve`	-	USD	1 Quarter
Cost of sales - Inventory reserve	`CostOfSalesInventoryReserve`	-	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	-	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	-	USD	1 Quarter
Legal and filing fees	`LegalFees`	$2.71K	USD	1 Quarter
Legal and filing fees	`LegalFees`	$17.25K	USD	1 Quarter
Rent	`RentExpense`	$20.34K	USD	1 Quarter
Rent	`RentExpense`	$37.79K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$283.01K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$365.33K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$323.50K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$402.92K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-402.92K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-323.50K	USD	1 Quarter
Interest income	`InterestIncomeOther`	-	USD	1 Quarter
Interest income	`InterestIncomeOther`	$593.00	USD	1 Quarter
Interest expense	`InterestExpense`	$17.00	USD	1 Quarter
Interest expense	`InterestExpense`	$1.42K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$576.00	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-1.42K	USD	1 Quarter
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-322.93K	USD	1 Quarter
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-404.34K	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-404.34K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-322.93K	USD	1 Quarter
Basic Net Loss Per Share	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic Net Loss Per Share	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Diluted Net Loss Per Share	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted Net Loss Per Share	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Weighted Average Number of Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.23M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.39M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.23M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.39M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-404.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-322.93K	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$18.03K	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$11.38K	USD	1 Quarter
Non-cash rent expense	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Non-cash rent expense	`OtherNoncashIncomeExpense`	$-862.00	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$250.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	-	USD	1 Quarter
(Increase) decrease in prepaid deposits and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-289.00	USD	1 Quarter
(Increase) decrease in prepaid deposits and other current assets	`IncreaseDecreaseInPrepaidExpense`	$23.70K	USD	1 Quarter
(Increase) in security deposits	`IncreaseDecreaseInSecurityDeposits`	$-4.39K	USD	1 Quarter
(Increase) in security deposits	`IncreaseDecreaseInSecurityDeposits`	-	USD	1 Quarter
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.39K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$393.00	USD	1 Quarter
Increase in compensation payable to officer	`IncreaseDecreaseInCompensationPayable`	-	USD	1 Quarter
Increase in compensation payable to officer	`IncreaseDecreaseInCompensationPayable`	$45.38K	USD	1 Quarter
Increase in related party payables	`IncreaseDecreaseInDueToRelatedParties`	$77.12K	USD	1 Quarter
Increase in related party payables	`IncreaseDecreaseInDueToRelatedParties`	-	USD	1 Quarter
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-273.15K	USD	1 Quarter
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-89.14K	USD	1 Quarter
Cash paid for purchase of software development costs	`PaymentsToDevelopSoftware`	$140.00K	USD	1 Quarter
Cash paid for purchase of software development costs	`PaymentsToDevelopSoftware`	-	USD	1 Quarter
Cash paid for purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$194.56K	USD	1 Quarter
Cash paid for purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-334.56K	USD	1 Quarter
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Cash proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.18M	USD	1 Quarter
Cash proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$172.50K	USD	1 Quarter
Cash paid for loan payable	`RepaymentsOfDebt`	$3.13K	USD	1 Quarter
Cash paid for loan payable	`RepaymentsOfDebt`	-	USD	1 Quarter
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$169.37K	USD	1 Quarter
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.18M	USD	1 Quarter
Net Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$80.23K	USD	1 Quarter
Net Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$572.29K	USD	1 Quarter
Cash - Beginning of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$668.12K	USD	Point-in-time
Cash - Beginning of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.24M	USD	Point-in-time
Cash - Beginning of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$41.32K	USD	Point-in-time
Cash - Beginning of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$121.55K	USD	Point-in-time
Cash - End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$668.12K	USD	Point-in-time
Cash - End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.24M	USD	Point-in-time
Cash - End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$41.32K	USD	Point-in-time
Cash - End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$121.55K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.51K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$1.42K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Sale of vehicle	`SaleOfVehicle`	-	USD	1 Quarter
Sale of vehicle	`SaleOfVehicle`	-	USD	1 Quarter
Present value of lease liability	`PresentValueOfInitialLeaseLiabilityAndRightofuseAsset`	-	USD	1 Quarter
Present value of lease liability	`PresentValueOfInitialLeaseLiabilityAndRightofuseAsset`	$70.84K	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance - March 31, 2022	`StockholdersEquity`	$91.54K	USD	Point-in-time
Balance - March 31, 2022	`StockholdersEquity`	$1.32M	USD	Point-in-time
Balance - March 31, 2022	`StockholdersEquity`	$462.94K	USD	Point-in-time
Balance - March 31, 2022	`StockholdersEquity`	$109.70K	USD	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$172.50K	USD	1 Quarter
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-404.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-322.93K	USD	1 Quarter
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$250.00K	USD	1 Quarter
Balance - June 30, 2022	`StockholdersEquity`	$91.54K	USD	Point-in-time
Balance - June 30, 2022	`StockholdersEquity`	$1.32M	USD	Point-in-time
Balance - June 30, 2022	`StockholdersEquity`	$462.94K	USD	Point-in-time
Balance - June 30, 2022	`StockholdersEquity`	$109.70K	USD	Point-in-time

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