What changed in this filing

/stocks — the workspaceLOADING

Item 1. Financial Statements

2022-04-19 compared with 2022-01-24 · 39 added, 38 removed, 283 unchanged (21% of the section changed)

8 unchanged sentences

stock ($ .0001 par value, 5,000,000 shares authorized;

0 issued and outstanding as of December 31, 2021 and June 30,

0 issued and outstanding as of March 31, 2022 and June 30,

stock ($ .0001

1 unchanged sentence

shares authorized, 178,750,031

issued and outstanding as of December 31, 2021 and June 30, 2021, respectively)

issued and outstanding as of March 31, 2022 and June 30, 2021, respectively)

Additional paid-in capital

5 unchanged sentences

OF OPERATIONS

Months Ended December 31, 2021

Months Ended March 31, 2022

Nine Months Ended March 31, 2022

Operating expenses

7 unchanged sentences

OF CHANGES IN STOCKHOLDERS’ (DEFICIT)

the Period June 30, 2021 (Inception) to December 31, 2021

the Period June 30, 2021 (Inception) to March 31, 2022

Common Shares

10 unchanged sentences

Balances, December 31, 2021

Expenses paid on behalf of the Company and contributed to capital

March 31, 2022

accompanying notes are an integral part of these unaudited financial statements.

1 unchanged sentence

OF CASH FLOWS

Six Months Ended December 31, 2021

Nine Months Ended March 31, 2022

CASH FLOWS FROM OPERATING ACTIVITIES

79 unchanged sentences

or entered into a letter of intent concerning any target business.

As of December 31,

As of March 31,

2022, the Company had not yet commenced any operations.

20 unchanged sentences

Cash and cash equivalents

at December 31, 2021 and June 30, 2021 were $ 0 for both periods.

The Company accounts for income taxes

under ASC 740, “ Income Taxes .” Under the asset and liability method of ASC 740, deferred tax assets and liabilities

are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing

assets and liabilities and their respective tax bases.

Deferred tax assets and liabilities are measured using enacted tax rates

expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.

effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs.

valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets

through future operations.

No deferred tax assets or liabilities were recognized at December 31, 2021 and June 30, 2021.

at March 31, 2022 and June 30, 2021 were $ 0 for both periods.

The Company accounts for income

taxes under ASC 740, “ Income Taxes .” Under the asset and liability method of ASC 740, deferred tax assets and

liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts

of existing assets and liabilities and their respective tax bases.

Deferred tax assets and liabilities are measured using enacted

tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.

The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment

A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not

realize tax assets through future operations.

No deferred tax assets or liabilities were recognized at March 31, 2022 and June 30,

Basic Earnings (Loss) Per Share

The Company computes basic and diluted

earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share .

Basic earnings (loss) per share is computed

by dividing net income (loss) by the weighted average number of common shares outstanding during the reporting period.

Diluted earnings

(loss) per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised

or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company.

The Company computes basic and

diluted earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share .

Basic earnings (loss) per share is

computed by dividing net income (loss) by the weighted average number of common shares outstanding during the reporting period.

earnings (loss) per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock

were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company.

The Company does not have any potentially

dilutive instruments as of December 31, 2021 and, thus, anti-dilution issues are not applicable.

dilutive instruments as of March 31, 2022 and, thus, anti-dilution issues are not applicable.

Fair Value of Financial Instruments

26 unchanged sentences

Fair value estimates discussed

herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2021.

herein are based upon certain market assumptions and pertinent information available to management as of March 31, 2022.

The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term

23 unchanged sentences

The Company had no

stock-based compensation plans as of December 31, 2021.

stock-based compensation plans as of March 31, 2022.

The Company’s stock-based

compensation for the periods ended December 31, 2021 and June 30, 2021 was $ 0

compensation for the periods ended March 31, 2022 and June 30, 2021 was $ 0

for both periods.

46 unchanged sentences

and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not.

As of December 31, 2021, the Company has incurred a net loss of approximately $7,342 which resulted in a net operating loss for income

As of March 31, 2022, the Company has incurred a net loss of approximately $8,292 which resulted in a net operating loss for income

tax purposes.

12 unchanged sentences

There were no commitments

or contingencies as of December 31, 2021.

or contingencies as of March 31, 2022.

Note 6 - Shareholder Equity

3 unchanged sentences

shares with a par value of $0.0001.

There were no shares issued and outstanding as of December 31, 2021 and June 30,

There were no shares issued and outstanding as of March 31, 2022 and June 30,

The authorized common stock of the

1 unchanged sentence

There were 178,750,031 and 0 shares of common stock issued and outstanding

as of December 31, 2021 and June 30, 2021, respectively.

as of March 31, 2022 and June 30, 2021, respectively.

Effective September 17, 2021, the

2 unchanged sentences

Additional Paid-In Capital

The Company’s sole

officer and director, Jeffrey DeNunzio, paid expenses on behalf of the company totaling $6,032 during the period ended December

The Company’s sole officer

and director, Jeffrey DeNunzio, paid expenses on behalf of the company totaling $960 during the period ended June 30, 2021.

The Company’s

sole officer and director, Jeffrey DeNunzio, paid expenses on behalf of the company totaling $6,982 during the period ended March 31,

The Company’s

sole officer and director, Jeffrey DeNunzio, paid expenses on behalf of the company totaling $960 during the period ended June 30, 2021.

The $ 6,992 in total payments are

5 unchanged sentences

Management has reviewed financial

transactions for the Company subsequent to the period ended December 31, 2021 and has found that there was nothing material to disclose.

transactions for the Company subsequent to the period ended March 31, 2022 and has found that there was nothing material to disclose.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements