10-K Filing

ILUSTRATO PICTURES INTERNATIONAL INC. CIK: 1496383 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001663577-23-000157`
Period End Date	20221231
Filing Date	20230410
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	ilus10k123122_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 23 Cash Flow Statement 66 Stockholders Equity 45

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.48M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$176.67K	USD	Point-in-time
Accounts Receivables	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Accounts Receivables	`AccountsReceivableNetCurrent`	$60.69M	USD	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Inventory	`InventoryNet`	$1.88M	USD	Point-in-time
Inventory (work-in-progress)	`InventoryWorkInProcess`	$58.08M	USD	Point-in-time
Inventory (work-in-progress)	`InventoryWorkInProcess`	-	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$13.77M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$17.06M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$13.95M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$139.19M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$18.37M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$16.19M	USD	Point-in-time
Right of use of asset	`FinanceLeaseRightOfUseAsset`	-	USD	Point-in-time
Right of use of asset	`FinanceLeaseRightOfUseAsset`	$11.91M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Goodwill	`GoodwillGross`	-	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Goodwill	`GoodwillGross`	$60.31M	USD	Point-in-time
Property, Plant and Equipment	`PropertyPlantAndEquipmentNet`	$1.46M	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
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property, Plant and Equipment	`PropertyPlantAndEquipmentNet`	$21.02M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.27B	shares	Point-in-time
Intangible Assets	`IntangibleAssetsGrossExcludingGoodwill`	$623.59K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.24B	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.33B	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.24B	shares	Point-in-time
Total Non Current Assets	`AssetsNoncurrent`	$112.23M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.27B	shares	Point-in-time
Total Non Current Assets	`AssetsNoncurrent`	$17.65M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	235.74M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	235.74M	shares	Point-in-time
Total Assets	`Assets`	$31.59M	USD	Point-in-time
Total Assets	`Assets`	$251.42M	USD	Point-in-time
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, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Account Payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$52.14M	USD	Point-in-time
Account Payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	-	USD	Point-in-time
Current lease liability	`OperatingLeaseLiabilityCurrent`	$836.38K	USD	Point-in-time
Other Current liabilities	`OtherLiabilitiesCurrent`	$102.06M	USD	Point-in-time
Other Current liabilities	`OtherLiabilitiesCurrent`	$10.12M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.12M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$155.04M	USD	Point-in-time
Notes Payable	`ConvertibleLongTermNotesPayable`	$848.84K	USD	Point-in-time
Notes Payable	`ConvertibleLongTermNotesPayable`	$10.55M	USD	Point-in-time
Non current lease liability	`OperatingLeaseLiabilityNoncurrent`	$13.70M	USD	Point-in-time
Non current lease liability	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other non- current liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$16.02M	USD	Point-in-time
Other non- current liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$2.55M	USD	Point-in-time
Total Non-Current Liabilities	`LiabilitiesNoncurrent`	$3.40M	USD	Point-in-time
Total Non-Current Liabilities	`LiabilitiesNoncurrent`	$40.26M	USD	Point-in-time
Total Liabilities	`Liabilities`	$195.30M	USD	Point-in-time
Total Liabilities	`Liabilities`	$13.52M	USD	Point-in-time
Common Stock: 2,000,000,000 shares authorized, $0.001 par value, 1,271,530,699 issued and outstanding	`CommonStockValue`	$1.36M	USD	Point-in-time
Common Stock: 2,000,000,000 shares authorized, $0.001 par value, 1,271,530,699 issued and outstanding	`CommonStockValue`	$1.24M	USD	Point-in-time
Additional Paid-in-capital	`AdditionalPaidInCapital`	$20.63M	USD	Point-in-time
Additional Paid-in-capital	`AdditionalPaidInCapital`	$3.66M	USD	Point-in-time
Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.67K	USD	Point-in-time
Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Non controlling Interest	`MinorityInterest`	$24.39M	USD	Point-in-time
Non controlling Interest	`MinorityInterest`	-	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$5.13M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$13.08M	USD	Point-in-time
Net Income	`AccumulatedDistributionsInExcessOfNetIncome`	-	USD	Point-in-time
Net Income	`AccumulatedDistributionsInExcessOfNetIncome`	$4.56M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$56.12M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.07M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$31.59M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$251.42M	USD	Point-in-time

Income Statement 23 line items

Line Item	Tag	Value	Unit	Period
Total Net Revenue	`Revenues`	$78.34M	USD	Annual
Total Net Revenue	`Revenues`	$11.26M	USD	Annual
COST OF REVENUE	`CostOfRevenue`	$49.98M	USD	Annual
COST OF REVENUE	`CostOfRevenue`	$7.49M	USD	Annual
GROSS PROFIT	`GrossProfit`	$3.77M	USD	Annual
GROSS PROFIT	`GrossProfit`	$28.36M	USD	Annual
General, Selling & Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$1.17M	USD	Annual
General, Selling & Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$30.39M	USD	Annual
Total Operating Expense	`OperatingExpenses`	$30.39M	USD	Annual
Total Operating Expense	`OperatingExpenses`	$1.17M	USD	Annual
PROFIT/ LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.03M	USD	Annual
PROFIT/ LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$2.61M	USD	Annual
Non- Operating Expenses	`OtherNonoperatingExpense`	-	USD	Annual
Non- Operating Expenses	`OtherNonoperatingExpense`	$463.89K	USD	Annual
Non-Operating Income	`OtherNonoperatingIncome`	$6.83M	USD	Annual
Non-Operating Income	`OtherNonoperatingIncome`	$11.84M	USD	Annual
Depreciation	`Depreciation`	-	USD	Annual
Depreciation	`Depreciation`	$242.05K	USD	Annual
NET PROFIT/ LOSS	`NetIncomeLoss`	$1.13M	USD	1 Quarter
NET PROFIT/ LOSS	`NetIncomeLoss`	$1.19M	USD	1 Quarter
NET PROFIT/ LOSS	`NetIncomeLoss`	$4.56M	USD	Annual
NET PROFIT/ LOSS	`NetIncomeLoss`	$4.56M	USD	1 Quarter
NET PROFIT/ LOSS	`NetIncomeLoss`	$13.98M	USD	Annual

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net Loss/ Profit	`NetIncomeLoss`	$1.13M	USD	1 Quarter
Net Loss/ Profit	`NetIncomeLoss`	$1.19M	USD	1 Quarter
Net Loss/ Profit	`NetIncomeLoss`	$4.56M	USD	Annual
Net Loss/ Profit	`NetIncomeLoss`	$4.56M	USD	1 Quarter
Net Loss/ Profit	`NetIncomeLoss`	$13.98M	USD	Annual
Non Cash Stock Compensation Expense	`ShareBasedCompensation`	-	USD	Annual
Non Cash Stock Compensation Expense	`ShareBasedCompensation`	-	USD	Annual
Premium on Investment	`InvestmentIncomeInterest`	$-11.84M	USD	Annual
Premium on Investment	`InvestmentIncomeInterest`	-	USD	Annual
Depreciation Expense	`DepreciationExpenseOnReclassifiedAssets`	-	USD	Annual
Depreciation Expense	`DepreciationExpenseOnReclassifiedAssets`	$4.58K	USD	Annual
Gratuity Provision	`GratuityProvision`	$31.04K	USD	Annual
Finance cost	`DebtInstrumentPeriodicPaymentInterest`	$2.60M	USD	Annual
Finance cost	`DebtInstrumentPeriodicPaymentInterest`	$149.72K	USD	Annual
Discount on Convertible Notes	`PreferredStockRedemptionDiscount`	$276.02K	USD	Annual
Discount on Convertible Notes	`PreferredStockRedemptionDiscount`	$186.67K	USD	Annual
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-123.94M	USD	Annual
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-13.77M	USD	Annual
Goodwill	`GoodwillOtherIncreaseDecrease`	$-399.32K	USD	Annual
Goodwill	`GoodwillOtherIncreaseDecrease`	-	USD	Annual
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$144.91M	USD	Annual
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$10.09M	USD	Annual
Decrease in Accrued Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	Annual
Decrease in Accrued Liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.30K	USD	Annual
Decrease in Deferred Liabilities	`IncreaseDecreaseInDeferredLiabilities`	-	USD	Annual
Decrease in Deferred Liabilities	`IncreaseDecreaseInDeferredLiabilities`	$-26.00K	USD	Annual
Decrease in Real estate earnest funds	`RealEstateInventoryCapitalizedInterestCostsIncurred`	$-3.50K	USD	Annual
Decrease in Real estate earnest funds	`RealEstateInventoryCapitalizedInterestCostsIncurred`	-	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.32M	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.50M	USD	Annual
Addition of Fixed Assets	`AssetsFairValueAdjustment`	$-92.40M	USD	Annual
Addition of Fixed Assets	`AssetsFairValueAdjustment`	$-1.47M	USD	Annual
Changes in Non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-2.18M	USD	Annual
Changes in Non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	Annual
Changes in Non- Current Liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$36.86M	USD	Annual
Investment in Dear Cashmere Holding Co.	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$-164.50K	USD	Annual
Investment in Dear Cashmere Holding Co.	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	-	USD	Annual
Net cash (used In) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.63M	USD	Annual
Net cash (used In) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.71M	USD	Annual
Fund raised through notes	`ProceedsFromIssuanceOfMediumTermNotes`	$2.85M	USD	Annual
Fund raised through notes	`ProceedsFromIssuanceOfMediumTermNotes`	$8.45M	USD	Annual
Common Stock issued	`ProceedsFromIssuanceOfCommonStock`	$476.23K	USD	Annual
Common Stock issued	`ProceedsFromIssuanceOfCommonStock`	$111.70K	USD	Annual
Preferred Stock Issued	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$1.20K	USD	Annual
Preferred Stock Issued	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$8.25K	USD	Annual
Transfer of Preferred Stock	`PreferredStockConversionsInducements`	$-4.17K	USD	Annual
Transfer of Preferred Stock	`PreferredStockConversionsInducements`	$-250.00	USD	Annual
Finance cost	`DebtInstrumentPeriodicPaymentInterest`	$2.60M	USD	Annual
Finance cost	`DebtInstrumentPeriodicPaymentInterest`	$149.72K	USD	Annual
Discount on convertible Notes	`DiscountOnConvertibileNotes`	$-276.02K	USD	Annual
Discount on convertible Notes	`DiscountOnConvertibileNotes`	$-186.67K	USD	Annual
Additional Paid up Capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$401.32K	USD	Annual
Additional Paid up Capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$28.67M	USD	Annual
Changes in Retained Earnings	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$816.65K	USD	Annual
Changes in Retained Earnings	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$639.77K	USD	1 Quarter
Changes in Retained Earnings	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-12.43M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.31M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.26M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$175.34K	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.30M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33K	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.67K	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33K	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.67K	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$3.20M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$18.07M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$16.81M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$31.73M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$22.02M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$20.19M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$16.08M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$18.90M	USD	Point-in-time
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$12.53M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$53.70K	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$731.56K	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$1.26M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$831.38K	USD	1 Quarter
Common stock converted into Preferred B	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-120.00K	USD	1 Quarter
Preferred Stock Converted to Common Stock	`StockIssuedDuringPeriodValueConversionOfUnits`	$25.00K	USD	1 Quarter
Convertible notes converted to common stock	`StockIssuedDuringPeriodForCoonversionOfNotes`	$53.00K	USD	1 Quarter
Common stock converted into Preferred	`StockIssuedForCommonStockConvertedToPreferredValue`	$1.20K	USD	1 Quarter
Preferred Stock Converted to Common Stock	`PreferredStockConvertedIntoCommonStockValue`	$-243.00	USD	1 Quarter
Changes in Additional Capital	`OtherComprehensiveIncomeLossNetOfTax`	$563.90K	USD	1 Quarter
Changes in Additional Capital	`OtherComprehensiveIncomeLossNetOfTax`	$12.63M	USD	1 Quarter
Current year Income	`NetIncomeLoss`	$1.13M	USD	1 Quarter
Current year Income	`NetIncomeLoss`	$1.19M	USD	1 Quarter
Current year Income	`NetIncomeLoss`	$4.56M	USD	Annual
Current year Income	`NetIncomeLoss`	$4.56M	USD	1 Quarter
Current year Income	`NetIncomeLoss`	$13.98M	USD	Annual
changes in Retained earnings	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$816.65K	USD	Annual
changes in Retained earnings	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$639.77K	USD	1 Quarter
changes in Retained earnings	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-12.43M	USD	1 Quarter
Prefered stock issued	`StockIssuedDuringPeriodValueOther`	$2.00	USD	1 Quarter
Prefered stock issued	`StockIssuedDuringPeriodValueOther`	$3.43M	USD	1 Quarter
Foreign exchange adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$17.16K	USD	1 Quarter
Capital Units, Deduction from Cost to Investors	`CapitalUnitsDeductionsFromTotalCostToInvestors`	$563.39K	USD	Point-in-time
Capital Units, Deduction from Cost to Investors	`CapitalUnitsDeductionsFromTotalCostToInvestors`	$24.39M	USD	Point-in-time
Stockholders' Equity before Treasury Stock	`StockholdersEquityBeforeTreasuryStock`	$22.58M	USD	Point-in-time
Stockholders' Equity before Treasury Stock	`StockholdersEquityBeforeTreasuryStock`	$56.12M	USD	Point-in-time
Common stock cancelled	`CommonStockCancelledDuringPeriodValue`	$-10.00K	USD	1 Quarter
Prefered stock cancelled	`PreferredStockCancelledDuringPeriodValue`	$-11.43M	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$3.20M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$18.07M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$16.81M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$31.73M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$22.02M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$20.19M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$16.08M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$18.90M	USD	Point-in-time

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