Quarterly report pursuant to Section 13 or 15(d)

RESTATEMENT (Tables)

v3.20.4
RESTATEMENT (Tables)
3 Months Ended
Dec. 31, 2020
Restatement [Abstract]  
Schedule of Impact of Restatement in Company's Condensed Unaudited Consolidated Financial Statements

The table below present the impact of the restatement in the Company's condensed consolidated unaudited financial statements:

 

 

December 31, 2019

(Unaudited)

 

As previously

 

Adjustment

 

As Restated

reported

Statement of Operations

 

 

 

 

 

Amortization and depreciation

$

           49,234

 $

           (38,356)

 $

          10,878

Total Operating Expense

$

         320,358

$

           (38,356)

$

        282,002

Income/(Loss) from continuing operations before income taxes

$

         (13,758)

$

            38,356

$

          24,598

Net Income/(Loss)

$

         (37,184)

$

            38,356

$

            1,172

Net Income/(Loss) attributable to common stockholders

$

         (47,528)

 $

            38,356

 $

           (9,172)

 

Income/(Loss) from continuing operations

$

(0.00)

$

0.00

$

0.00

Income/(Loss) per common share - basic and diluted

$

(0.00)

$

0.00

$

(0.00)

 
 

December 31, 2019

(Unaudited)

 

As previously

 

Adjustment

 

As Restated

reported

Statement of Changes in Stockholders' Equity

 

 

 

 

 

Additional Paid in Capital

$

    15,641,402

 $

         (600,000)

 $

   15,041,402

Accumulated Deficit

$

  (16,258,294)

$

            38,356

$

  (16,219,938)

Total Stockholders' Deficit

$

       (614,565)

$

         (561,644)

$

    (1,176,209)

Total Liabilities and Stockholders' Deficit

$

         893,899

 $

         (561,644)

 $

        332,255

 
 

December 31, 2019

(Unaudited)

 

As previously

 

Adjustment

 

As Restated

reported

Statement of Cash Flow

 

 

 

 

 

Net Income/(Loss)

$

         (37,184)

 $

            38,356

 $

            1,172

Amortization of ReadyMed software platform

$

           38,356

$

           (38,356)

$

                    -

 

Supplemental disclosures of non-cash investing and financing activities:

Common stock issued for ReadyMed platform

$

         600,000

 $

         (600,000)

 $

                    -