10-Q Filing

NATURAL RESOURCE HOLDINGS, INC. CIK: 1680689 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001640334-23-001687`
Period End Date	20230731
Filing Date	20230912
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	boxxy_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 22 Cash Flow Statement 30 Stockholders Equity 11

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Convertible note payable, net of note discount	`DebtInstrumentUnamortizedDiscount`	$9.13K	USD	Point-in-time
Convertible note payable, net of note discount	`DebtInstrumentUnamortizedDiscount`	$8.27K	USD	Point-in-time
Common stock, shares par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	209,891.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	5.21M	shares	Point-in-time
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	209,891.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	209,891.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$25.14K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$31.39K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$8.80K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$10.06K	USD	Point-in-time
Income tax Interest and penalty payable	`IncomeTaxInterestAndPenaltyPayableCurrent`	$125.00K	USD	Point-in-time
Income tax Interest and penalty payable	`IncomeTaxInterestAndPenaltyPayableCurrent`	$125.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$160.20K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$165.20K	USD	Point-in-time
Convertible note payable, net of note discount of $8,272 and $9,133, respectively	`ConvertibleLongTermNotesPayable`	$216.15K	USD	Point-in-time
Convertible note payable, net of note discount of $8,272 and $9,133, respectively	`ConvertibleLongTermNotesPayable`	$231.41K	USD	Point-in-time
Loan payable	`LoansPayable`	$6.97K	USD	Point-in-time
Loan payable	`LoansPayable`	$6.97K	USD	Point-in-time
Total Liabilities	`Liabilities`	$398.08K	USD	Point-in-time
Total Liabilities	`Liabilities`	$388.32K	USD	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 5,209,891 and 209,891 shares issued and outstanding	`CommonStockValue`	$5.21K	USD	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 5,209,891 and 209,891 shares issued and outstanding	`CommonStockValue`	$210.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$26.59K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-415.12K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-347.58K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-355.38K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-398.58K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-388.32K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.14K	USD	1 Quarter
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.92K	USD	1 Quarter
Management salaries	`ManagementFeeExpense`	-	USD	1 Quarter
Management salaries	`ManagementFeeExpense`	$2.00M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$5.92K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.01M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.01M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.92K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.12K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.88K	USD	1 Quarter
Other expenses, net	`OtherOperatingIncomeExpenseNet`	$-1.88K	USD	1 Quarter
Other expenses, net	`OtherOperatingIncomeExpenseNet`	$-2.12K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-2.01M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-7.80K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-7.80K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.01M	USD	1 Quarter
NET LOSS PER SHARE: BASIC AND DILUTED	`NetLossPerShareBasicAndDiluted`	$-0.62	USD	1 Quarter
NET LOSS PER SHARE: BASIC AND DILUTED	`NetLossPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberShareOutstandingBasicAndDiluted`	209,891.00	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberShareOutstandingBasicAndDiluted`	3.23M	shares	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-7.80K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.01M	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$2.00M	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Amortization on note discount	`AmortizationOfDebtDiscountPremium`	$861.00	USD	1 Quarter
Amortization on note discount	`AmortizationOfDebtDiscountPremium`	$861.00	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.68K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.22K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.26K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.01K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.60K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.39K	USD	1 Quarter
Proceeds from issuance of promissory note from unaffiliated party	`ProceedsFromIssuanceOfDebt`	$7.60K	USD	1 Quarter
Proceeds from issuance of promissory note from unaffiliated party	`ProceedsFromIssuanceOfDebt`	$14.39K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.60K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.39K	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	-	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	-	USD	1 Quarter
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$-347.58K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-355.38K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-398.58K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-388.32K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-7.80K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.01M	USD	1 Quarter
Issuance of common stock for management salaries, amount	`StockIssuedDuringPeriodValueNewIssues`	$2.00M	USD	1 Quarter
Balance, amount	`StockholdersEquity`	$-347.58K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-355.38K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-398.58K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-388.32K	USD	Point-in-time

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