10-Q/A Filing

ILUSTRATO PICTURES INTERNATIONAL INC. CIK: 1496383 Q1 2023

Filing Information

Form Type	10-Q/A
Accession Number	`0001663577-23-000293`
Period End Date	20230331
Filing Date	20230530
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	ilus10qa_033123_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 26 Cash Flow Statement 50 Stockholders Equity 21

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	2.00B	shares	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
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
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.48M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$479.13K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.38B	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.36B	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.44M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.36B	shares	Point-in-time
Accounts Receivables	`AccountsReceivableNetCurrent`	$60.69M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.38B	shares	Point-in-time
Accounts Receivables	`AccountsReceivableNetCurrent`	$71.47M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Inventory	`InventoryNet`	$2.11M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	235.74M	shares	Point-in-time
Inventory	`InventoryNet`	$1.88M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	235.74M	shares	Point-in-time
Inventory (work-in-progress)	`InventoryWorkInProcess`	$58.08M	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory (work-in-progress)	`InventoryWorkInProcess`	$45.22M	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
Other Current Assets	`OtherAssetsCurrent`	$17.16M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$17.06M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$137.40M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$139.19M	USD	Point-in-time
Long term Investments	`LongTermInvestments`	$18.37M	USD	Point-in-time
Long term Investments	`LongTermInvestments`	$18.36M	USD	Point-in-time
Right of use of asset	`FinanceLeaseRightOfUseAsset`	$11.91M	USD	Point-in-time
Right of use of asset	`FinanceLeaseRightOfUseAsset`	$11.91M	USD	Point-in-time
Goodwill	`GoodwillGross`	$60.95M	USD	Point-in-time
Goodwill	`GoodwillGross`	$60.31M	USD	Point-in-time
Tangible Assets	`PropertyPlantAndEquipmentNet`	$21.02M	USD	Point-in-time
Tangible Assets	`PropertyPlantAndEquipmentNet`	$21.70M	USD	Point-in-time
Intangible Assets	`IntangibleAssetsGrossExcludingGoodwill`	$623.59K	USD	Point-in-time
Intangible Assets	`IntangibleAssetsGrossExcludingGoodwill`	$699.69K	USD	Point-in-time
Total Non-Current Assets	`AssetsNoncurrent`	$113.62M	USD	Point-in-time
Total Non-Current Assets	`AssetsNoncurrent`	$112.23M	USD	Point-in-time
Total Assets	`Assets`	$251.42M	USD	Point-in-time
Total Assets	`Assets`	$251.01M	USD	Point-in-time
Account Payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$48.15M	USD	Point-in-time
Account Payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$52.14M	USD	Point-in-time
Current lease liability	`OperatingLeaseLiabilityCurrent`	$836.38K	USD	Point-in-time
Current lease liability	`OperatingLeaseLiabilityCurrent`	$835.82K	USD	Point-in-time
Other Current liabilities	`OtherLiabilitiesCurrent`	$102.06M	USD	Point-in-time
Other Current liabilities	`OtherLiabilitiesCurrent`	$104.58M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$155.04M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$153.58M	USD	Point-in-time
Notes Payable	`ConvertibleLongTermNotesPayable`	$10.36M	USD	Point-in-time
Notes Payable	`ConvertibleLongTermNotesPayable`	$10.55M	USD	Point-in-time
Non-current lease liability	`OperatingLeaseLiabilityNoncurrent`	$15.64M	USD	Point-in-time
Non-current lease liability	`OperatingLeaseLiabilityNoncurrent`	$13.70M	USD	Point-in-time
Other non-current liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$16.02M	USD	Point-in-time
Other non-current liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$14.19M	USD	Point-in-time
Total Non-Current Liabilities	`LiabilitiesNoncurrent`	$40.26M	USD	Point-in-time
Total Non-Current Liabilities	`LiabilitiesNoncurrent`	$40.19M	USD	Point-in-time
Total Liabilities	`Liabilities`	$193.76M	USD	Point-in-time
Total Liabilities	`Liabilities`	$195.30M	USD	Point-in-time
Common Stock: 2,000,000,000 shares authorized, $0.001 par value,1,379,080,699 issued and outstanding	`CommonStockValue`	$1.36M	USD	Point-in-time
Common Stock: 2,000,000,000 shares authorized, $0.001 par value,1,379,080,699 issued and outstanding	`CommonStockValue`	$1.38M	USD	Point-in-time
Additional Paid-in-capital	`AdditionalPaidInCapital`	$21.12M	USD	Point-in-time
Additional Paid-in-capital	`AdditionalPaidInCapital`	$20.63M	USD	Point-in-time
Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.87K	USD	Point-in-time
Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.67K	USD	Point-in-time
Non-Controlling Interest	`MinorityInterest`	$25.69M	USD	Point-in-time
Non-Controlling Interest	`MinorityInterest`	$24.39M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$5.13M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$8.05M	USD	Point-in-time
Net Income	`AccumulatedDistributionsInExcessOfNetIncome`	$914.66K	USD	Point-in-time
Net Income	`AccumulatedDistributionsInExcessOfNetIncome`	$4.56M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$57.25M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$56.12M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$251.42M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$251.01M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Total Net Revenue	`Revenues`	$3.01M	USD	1 Quarter
Total Net Revenue	`Revenues`	$19.81M	USD	1 Quarter
COST OF REVENUE	`CostOfRevenue`	$1.15M	USD	1 Quarter
COST OF REVENUE	`CostOfRevenue`	$13.88M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.86M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$5.93M	USD	1 Quarter
General, Selling & Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$3.12M	USD	1 Quarter
General, Selling & Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$1.22M	USD	1 Quarter
Total Operating Expense	`OperatingExpenses`	$1.22M	USD	1 Quarter
Total Operating Expense	`OperatingExpenses`	$3.12M	USD	1 Quarter
PROFIT/ LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$636.64K	USD	1 Quarter
PROFIT/ LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$2.81M	USD	1 Quarter
Non- Operating Expenses	`OtherNonoperatingExpense`	-	USD	1 Quarter
Non- Operating Expenses	`OtherNonoperatingExpense`	$1.25M	USD	1 Quarter
Non-Operating Income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Non-Operating Income	`OtherNonoperatingIncome`	$3.54K	USD	1 Quarter
Depreciation	`Depreciation`	-	USD	1 Quarter
Depreciation	`Depreciation`	$649.73K	USD	1 Quarter
NET PROFIT/ LOSS	`NetIncomeLoss`	$914.66K	USD	1 Quarter
NET PROFIT/ LOSS	`NetIncomeLoss`	$636.64K	USD	1 Quarter
NET PROFIT/ LOSS	`NetIncomeLoss`	$4.56M	USD	Annual
BASIC EARNING PER SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
BASIC EARNING PER SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	1.31B	shares	1 Quarter
WEIGHTED AVERAGE SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	1.36B	shares	Annual
WEIGHTED AVERAGE SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	1.38B	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net Loss/ Profit	`NetIncomeLoss`	$914.66K	USD	1 Quarter
Net Loss/ Profit	`NetIncomeLoss`	$636.64K	USD	1 Quarter
Net Loss/ Profit	`NetIncomeLoss`	$4.56M	USD	Annual
Finance cost	`DebtInstrumentPeriodicPaymentInterest`	$1.15M	USD	1 Quarter
Finance cost	`DebtInstrumentPeriodicPaymentInterest`	-	USD	1 Quarter
Discount on convertible Notes	`InterestIncomeDebtSecuritiesOperating`	$84.17K	USD	1 Quarter
Discount on convertible Notes	`InterestIncomeDebtSecuritiesOperating`	-	USD	1 Quarter
Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.75M	USD	1 Quarter
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-1.46M	USD	1 Quarter
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-364.73K	USD	1 Quarter
Net cash (used In) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.44M	USD	1 Quarter
Net cash (used In) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$271.90K	USD	1 Quarter
Addition of Fixed Assets	`AssetsFairValueAdjustment`	$-164.19K	USD	1 Quarter
Addition of Fixed Assets	`AssetsFairValueAdjustment`	$-682.85K	USD	1 Quarter
Changes in Non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	1 Quarter
Changes in Non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-707.09K	USD	1 Quarter
Changes in Non- Current Liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	-	USD	1 Quarter
Changes in Non- Current Liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$116.19K	USD	1 Quarter
Investment in Dear Cashmere Holding Co.	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	-	USD	1 Quarter
Investment in Dear Cashmere Holding Co.	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	-	USD	1 Quarter
Net cash (used In) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.27M	USD	1 Quarter
Net cash (used In) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-164.19K	USD	1 Quarter
Fund raised through notes	`ProceedsFromIssuanceOfMediumTermNotes`	$310.00K	USD	1 Quarter
Fund raised through notes	`ProceedsFromIssuanceOfMediumTermNotes`	-	USD	1 Quarter
Common Stock issued	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Common Stock issued	`ProceedsFromIssuanceOfCommonStock`	$23.85K	USD	1 Quarter
Preferred Stock Issued	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$35.00	USD	1 Quarter
Preferred Stock Issued	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Finance cost	`DebtInstrumentPeriodicPaymentInterest`	$1.15M	USD	1 Quarter
Finance cost	`DebtInstrumentPeriodicPaymentInterest`	-	USD	1 Quarter
Discount on convertible Notes	`DiscountOnConvertibleNotes`	$84.17K	USD	1 Quarter
Discount on convertible Notes	`DiscountOnConvertibleNotes`	-	USD	1 Quarter
Additional Paid-up Capital	`AdditionalPaidInCapitalFinancing`	$486.86K	USD	1 Quarter
Additional Paid-up Capital	`AdditionalPaidInCapitalFinancing`	-	USD	1 Quarter
Changes in Retained Earnings	`ChangesInRetainedEarningsFinancing`	$194.75K	USD	1 Quarter
Changes in Retained Earnings	`ChangesInRetainedEarningsFinancing`	$621.03K	USD	1 Quarter
Note converted	`NoteConverted`	-	USD	1 Quarter
Note converted	`NoteConverted`	$-500.00K	USD	1 Quarter
Net cash (used In) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-289.50K	USD	1 Quarter
Net cash (used In) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$194.75K	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-42.36K	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$302.46K	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.00	USD	Point-in-time
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`	$1.44M	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`	$47.00	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`	$1.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.67K	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$31.56M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$18.07M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$31.73M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$18.90K	USD	Point-in-time
Equity, Attributable to Noncontrolling Interest	`MinorityInterest`	$25.69M	USD	Point-in-time
Equity, Attributable to Noncontrolling Interest	`MinorityInterest`	$24.39M	USD	Point-in-time
Stockholders' Equity before Treasury Stock	`StockholdersEquityBeforeTreasuryStock`	$57.25M	USD	Point-in-time
Stockholders' Equity before Treasury Stock	`StockholdersEquityBeforeTreasuryStock`	$56.12M	USD	Point-in-time
Shares issued	`StockIssuedDuringPeriodValueNewIssues`	$548.50K	USD	1 Quarter
Shares issued	`StockIssuedDuringPeriodValueNewIssues`	$831.38K	USD	1 Quarter
Common stock cancelled	`StockCancelledDuringPeriod`	-	USD	1 Quarter
Preferred stock issued	`StockIssuedDuringPeriodValueOther`	$2.24K	USD	1 Quarter
Preferred stock cancelled	`PreferredStockCancelledDuringPeriod`	-	USD	1 Quarter
Changes in Retained earnings	`AdjustmentsToAdditionalPaidInCapitalOther`	$-1.64M	USD	1 Quarter
Current Quarter Income	`NetIncomeLoss`	$914.66K	USD	1 Quarter
Current Quarter Income	`NetIncomeLoss`	$636.64K	USD	1 Quarter
Current Quarter Income	`NetIncomeLoss`	$4.56M	USD	Annual
Ending balance, value	`StockholdersEquity`	$31.56M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$18.07M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$31.73M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$18.90K	USD	Point-in-time

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