CONDENSED STATEMENTS OF OPERATIONS - USD ($)	1 Months Ended	2 Months Ended	3 Months Ended	8 Months Ended	9 Months Ended
CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Sep. 30, 2019	Aug. 22, 2019	Sep. 30, 2020	Aug. 22, 2019	Sep. 30, 2020
REVENUE
Revenue			$ 7,523		$ 25,297
Revenue related parties			10,773		24,738
Total revenue			18,296		50,035
Cost of revenue			170		1,422
GROSS PROFIT			18,126		48,613
OPERATING EXPENSES:
Compensation			40,082		116,522
Advertising and marketing			6,989		40,486
Amortization expense			33,497		100,492
Bank service charges			334		2,148
Depreciation expense			555		1,218
Dues and subscriptions
Legal and professional services			81,068		188,224
Legal and professional services - related party			22,728		94,886
Merchant bank fees			4,321		7,992
Office expense			8,870		28,347
Organization cost
Rent expense			6,873		20,619
Software expense			1,500		2,620
Software expense - related party			30,300		120,300
Stock-based compensation
Travel expense			1,970		23,611
Utilities			273		455
Other			1,646		2,705
Total operating expenses			241,006		750,625
LOSS FROM OPERATIONS			(222,880)		(702,012)
OTHER EXPENSE
Interest expense			2,008		5,501
Total other expense			2,008		5,501
LOSS BEFORE INCOME TAXES			(224,888)		(707,513)
INCOME TAXES
NET LOSS	$ (191,061)	$ (29,111)	$ (224,888)		$ 707,513
NET LOSS PER COMMON SHARE			$ (0.016)		$ (0.052)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING			13,660,402		13,648,091
Successor
REVENUE
Revenue	1,000
Revenue related parties	189
Total revenue	1,189
Cost of revenue
GROSS PROFIT	1,189
OPERATING EXPENSES:
Compensation
Advertising and marketing	12,160	1,542		6,156
Amortization expense	11,400
Bank service charges	187	86		192
Depreciation expense	76	247		453
Dues and subscriptions	183	49		112
Legal and professional services	22,563	6,700		11,700
Legal and professional services - related party
Merchant bank fees	1,227	(666)		129
Office expense	459	817		1,385
Organization cost	825
Rent expense	2,291	4,582		13,746
Software expense		11,000		11,000
Software expense - related party	25,000
Stock-based compensation	108,941
Travel expense	5,987	3,217		3,217
Utilities	425
Other				734
Total operating expenses	191,724	27,574		48,824
LOSS FROM OPERATIONS	(190,535)	(27,574)		(48,824)
OTHER EXPENSE
Interest expense	526	1,537		9,048
Total other expense	526	1,537		9,048
LOSS BEFORE INCOME TAXES	(191,061)	(29,111)		(57,872)
INCOME TAXES
NET LOSS	$ 191,061	$ (29,111)		$ 57,872
NET LOSS PER COMMON SHARE	$ (0.020)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	9,600,000

Pelican Delivers, Inc. 10-Q