CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
|
| REVENUES | ||||
| Royalty Revenue | $ 129,500 | $ 73,500 | $ 203,000 | $ 487,500 |
| Total Revenue | 129,500 | 73,500 | 203,000 | 487,500 |
| OPERATING EXPENSES | ||||
| General and Administrative Expenses | 78,292 | 77,405 | 174,300 | 175,441 |
| INCOME/(LOSS) FROM OPERATIONS | 51,208 | (3,905) | 28,700 | 312,059 |
| OTHER EXPENSE | ||||
| Interest Expense, net | (195) | (379) | (587) | (4,901) |
| TOTAL OTHER EXPENSE | (195) | (379) | (587) | (4,901) |
| NET INCOME/(LOSS) BEFORE INCOME TAXES | 51,013 | (4,284) | 28,113 | 307,158 |
| INCOME TAXES | 0 | 0 | 0 | 0 |
| NET INCOME/(LOSS) | $ 51,013 | $ (4,284) | $ 28,113 | $ 307,158 |
| NET INCOME/(LOSS) PER SHARE-Basic | $ 0 | $ 0 | $ 0 | $ 0.002 |
| NET INCOME/(LOSS) PER SHARE-Diluted | $ 0 | $ 0 | $ 0 | $ 0.002 |
| WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Basic | 165,186,144 | 165,186,144 | 165,186,144 | 165,186,144 |
| WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING-Diluted | 165,186,144 | 165,186,144 | 165,186,144 | 165,186,144 |
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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