| Cover | 3 Months Ended |
| May 31, 2021 | |
| Cover [Abstract] | |
| Document Type | 10-12G/A |
| Amendment Flag | false |
| Document Fiscal Period Focus | Q1 |
| Document Fiscal Year Focus | 2021 |
| Entity Registrant Name | Gabbit Corp. |
| Entity Central Index Key | 0001657564 |
| Entity Filer Category | Non-accelerated Filer |
| Entity Small Business | true |
| Entity Emerging Growth Company | false |
| Balance Sheets - USD ($) | May 31, 2021 | Feb. 28, 2021 | Feb. 29, 2020 |
| Assets | |||
| Cash | $ 0 | $ 0 | $ 0 |
| Total Assets | 0 | 0 | 0 |
| Liabilities | |||
| Other liabilities | 4,739 | 4,739 | 4,739 |
| Due to related party | 7,766 | 7,466 | 5,516 |
| Total liabilities | 12,505 | 12,205 | 10,255 |
| Stockholders' Equity | |||
| Common stock, $0.001 par value 75,000,000 shares authorized; 11,490,000 shares issued and outstanding as of February 28, 2021 and February 29, 2020 | 11,490 | 11,490 | 11,490 |
| Additional paid-in capital | 22,410 | 22,410 | 22,410 |
| Accumulated deficit | (46,405) | (46,105) | (44,155) |
| Total Equity | (12,505) | (12,205) | (10,255) |
| Total Liabilities & Stockholders' Equity | $ 0 | $ 0 | $ 0 |
| Balance Sheets (Parenthetical) - $ / shares | May 31, 2021 | Feb. 28, 2021 | Feb. 29, 2020 |
| Statement of Financial Position [Abstract] | |||
| Common stock, par value | $ 0.001 | $ .001 | $ 0.001 |
| Common stock, shares authorized | 75,000,000 | 75,000,000 | 75,000,000 |
| Common stock, shares issued | 11,490,000 | 11,490,000 | 11,490,000 |
| Common stock, shares outstanding | 11,490,000 | 11,490,000 | 11,490,000 |
| Statements of Operations - USD ($) | 3 Months Ended | 12 Months Ended | ||
| May 31, 2021 | May 31, 2020 | Feb. 28, 2021 | Feb. 29, 2020 | |
| Income Statement [Abstract] | ||||
| General and administration expenses | $ 300 | $ 400 | $ 1,950 | $ 5,516 |
| Net loss from operations and before income taxes | (300) | (400) | (1,950) | (5,516) |
| Provision for income taxes | 0 | 0 | 0 | 0 |
| Net Loss | $ (300) | $ (400) | $ (1,950) | $ (5,516) |
| Loss per common share: Basic and Diluted | $ 0 | $ 0 | $ 0 | $ 0 |
| Weighted Average Number of Common Shares Outstanding: Basic and Diluted | 11,490,000 | 11,490,000 | 11,490,000 | 11,490,000 |
| Statements of Stockholders' Equity - USD ($) | Common Stock | Additional Paid-In Capital | Retained Earnings / Accumulated Deficit | Total |
| Beginning balance, shares at Feb. 28, 2019 | 11,490,000 | |||
| Beginning balance, value at Feb. 28, 2019 | $ 11,490 | $ 22,410 | $ (38,639) | $ (4,739) |
| Net loss | (5,516) | (5,516) | ||
| Ending balance, shares at Feb. 29, 2020 | 11,490,000 | |||
| Ending balance, value at Feb. 29, 2020 | $ 11,490 | 22,410 | (44,155) | (10,255) |
| Net loss | (400) | (400) | ||
| Ending balance, shares at May. 31, 2020 | 11,490,000 | |||
| Ending balance, value at May. 31, 2020 | $ 11,490 | 22,410 | (44,555) | (10,655) |
| Beginning balance, shares at Feb. 29, 2020 | 11,490,000 | |||
| Beginning balance, value at Feb. 29, 2020 | $ 11,490 | 22,410 | (44,155) | (10,255) |
| Net loss | (1,950) | (1,950) | ||
| Ending balance, shares at Feb. 28, 2021 | 11,490,000 | |||
| Ending balance, value at Feb. 28, 2021 | $ 11,490 | 22,410 | (46,105) | (12,205) |
| Net loss | (300) | (300) | ||
| Ending balance, shares at May. 31, 2021 | 11,490,000 | |||
| Ending balance, value at May. 31, 2021 | $ 11,490 | $ 22,410 | $ (46,405) | $ (12,505) |
| Statements of Cash Flows - USD ($) | 3 Months Ended | 12 Months Ended | ||
| May 31, 2021 | May 31, 2020 | Feb. 28, 2021 | Feb. 29, 2020 | |
| Cash flow from operating activities: | ||||
| Net Loss | $ (300) | $ (400) | $ (1,950) | $ (5,516) |
| Net cash used in operating activities | (300) | (400) | (1,950) | (5,516) |
| Cash flow from financing activities: | ||||
| Related party loan | 300 | 400 | 1,950 | 5,516 |
| Net cash provided by financing activities | 300 | 400 | 1,950 | 5,516 |
| Net change in cash | 0 | 0 | ||
| Cash at beginning of period | 0 | 0 | 0 | 0 |
| Cash at end of period | 0 | 0 | 0 | 0 |
| Supplemental disclosure of cash flow information: | ||||
| Cash paid for interest | 0 | $ 0 | 0 | 0 |
| Cash paid for taxes | $ 0 | $ 0 | $ 0 | |
| 1. Organization and Basis of Presentation | 3 Months Ended | 12 Months Ended |
| May 31, 2021 | Feb. 28, 2021 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Organization and Basis of Presentation | Note 1 – Organization and Basis of Presentation Organization and Basis of Presentation Gabbit Corp. (the “Company”) is a corporation On November 20, 2019, the Company filed a Certificate of Reinstatement with the State of Nevada. The Company plans to develop a technology-enabled, diversified commercial finance platform serving a wide range of small-to-medium businesses who require access to working or growth capital, for whom traditional banking and finance channels are unworkable or unavailable, due to; time constraints, credit-worthiness, seasonality, lack of operating history and or the business’ owners are generally unbanked individuals. The accompanying financial statements are prepared on the basis of accounting principles generally accepted in the United States of America (“GAAP”) and have been prepared assuming the continuation of the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and is dependent on debt and equity financing to fund its operations. Management of the Company is making efforts to raise additional funding until a registration statement relating to an equity funding facility is in effect. While management of the Company believes that it will be successful in its capital formation and planned operating activities, there can be no assurance that the Company will be able to raise additional equity capital or be successful in the development and commercialization of the products it develops or initiates collaboration agreements thereon. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern. | Note 1 – Organization and Basis of Presentation Organization and Basis of Presentation Gabbit Corp. (the “Company”) is a corporation On November 20, 2019, the Company filed a Certificate of Reinstatement with the State of Nevada. The Company plans to develop a technology-enabled, diversified commercial finance platform serving a wide range of small-to-medium businesses who require access to working or growth capital, for whom traditional banking and finance channels are unworkable or unavailable, due to; time constraints, credit-worthiness, seasonality, lack of operating history and or the business’ owners are generally unbanked individuals. The accompanying financial statements are prepared on the basis of accounting principles generally accepted in the United States of America (“GAAP”) and have been prepared assuming the continuation of the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and is dependent on debt and equity financing to fund its operations. Management of the Company is making efforts to raise additional funding until a registration statement relating to an equity funding facility is in effect. While management of the Company believes that it will be successful in its capital formation and planned operating activities, there can be no assurance that the Company will be able to raise additional equity capital or be successful in the development and commercialization of the products it develops or initiates collaboration agreements thereon. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern. |
| 2. Summary of significant accounting policies | 3 Months Ended | 12 Months Ended |
| May 31, 2021 | Feb. 28, 2021 | |
| Accounting Policies [Abstract] | ||
| Summary of significant accounting policies | Note 2 – Summary of significant accounting policies Cash and Cash Equivalents The Company doesn’t maintain any bank accounts and does not have any cash in hand. For day-to-day business activities, the Company depends upon the directors’ personal accounts. For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Loss per Common Share Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. As a result, diluted loss per common share is the same as basic loss per common share for the years ended May 31, 2021 and 2020. Income Taxes The Company accounts for income taxes pursuant to FASB ASC Topic 740, Income Taxes The Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carry-forward period under the Federal tax laws. Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about the reliability of the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate. Recent Accounting Pronouncements The Company reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company. | Note 2 – Summary of significant accounting policies Cash and Cash Equivalents The Company doesn’t maintain any bank accounts and does not have any cash in hand. For day-to-day business activities, the Company depends upon the directors’ personal accounts. For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Loss per Common Share Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. As a result, diluted loss per common share is the same as basic loss per common share for the years ended February 28, 2021 and February 29, 2020. Income Taxes The Company accounts for income taxes pursuant to FASB ASC Topic 740, Income Taxes The Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carry-forward period under the Federal tax laws. Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about the reliability of the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate. Recent Accounting Pronouncements The Company reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company. |
| 3. Going Concern | 3 Months Ended | 12 Months Ended |
| May 31, 2021 | Feb. 28, 2021 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Going Concern | Note 3 – Going Concern For the three months ended May 31, 2021 and 2020 we incurred net losses of approximately $300 and $400 respectively. As of May 31, 2021, we had no cash on hand and current liabilities of $12,505 . As of May 31, 2020, we had no cash on hand and current liabilities of $10,655. These losses combined with our current liabilities cast significant doubt on the company’s ability to operate under the going concern. The Company is filing a Registration Statement; Form-10 and will become effective 60 days post filing. Management believes that this plan provides an opportunity for the Company to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with loans from directors and/or private placement of common stock. The failure to achieve the necessary levels of profitability or obtaining additional funding would be detrimental to the Company. | Note 3- Going Concern For the years ended February 28, 2021 and February 29, 2020 we incurred net losses of approximately $1,950 and $5,516 respectively. As of February 28, 2021, we had no cash on hand and current liabilities of $12,205. As of February 29, 2020, we had no cash on hand and current liabilities of $10,255. These losses combined with our current liabilities cast significant doubt on the company’s ability to operate under the going concern. The Company is filing a Registration Statement; Form-10 and will become effective 60 days post filing. Management believes that this plan provides an opportunity for the Company to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with loans from directors and/or private placement of common stock. The failure to achieve the necessary levels of profitability or obtaining additional funding would be detrimental to the Company. |
| 4. Related party transactions | 3 Months Ended | 12 Months Ended |
| May 31, 2021 | Feb. 28, 2021 | |
| Related Party Transactions [Abstract] | ||
| Related party transactions | Note 4 – Related party transactions The Company’s Co-CEO has provided office space at no cost to the Company. Our Co-CEO and CFO incurred expenses on behalf of the Company amounting to $300 and $400 during the three months ending May 31, 2021 and 2020 respectively. As of May 31, 2021 and 2020, total amounts due to our Co-CEO and CFO are $7,766 and $5,916, respectively. Such amounts do not bear any interest and due upon demand. | Note 4 – Related party transactions The Company’s Co-CEO has provided office space at no cost to the Company. Our Co-CEO and CFO incurred expenses on behalf of the Company amounting to $1,950 and $5,516 during the years ending February 28, 2021 and February 29, 2020 respectively. As of February 28, 2021 and February 29, 2020, total amounts due to our Co-CEO and CFO are $7,466 and $5,516, respectively. Such amounts do not bear any interest and due upon demand. |
| 5. Shareholders' Equity | 3 Months Ended | 12 Months Ended |
| May 31, 2021 | Feb. 28, 2021 | |
| Equity [Abstract] | ||
| Shareholders' Equity | Note 5 – Shareholders’ Equity The Company has 75,000,000 shares of common stock authorized with a par value of $0.001 per share. | Note 5 – Shareholders’ Equity The Company has 75,000,000 shares of common stock authorized with a par value of $0.001 per share. |
| 6. Income Taxes | 3 Months Ended | 12 Months Ended |
| May 31, 2021 | Feb. 28, 2021 | |
| Income Tax Disclosure [Abstract] | ||
| Income Taxes | Note 6 – Income Taxes The Company accounts for income taxes under FASB ASC Topic 740, which requires use of the liability method. FASB ASC Topic 740 provides that deferred tax assets and liabilities are recorded based on the differences the tax basis of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as temporary differences. As of May 31, 2021, the Company incurred a net operating loss and, accordingly, no provision for income taxes has been recorded. In addition, no benefit for income taxes has been recorded due to the uncertainty of the realization of any tax assets. The Company has approximately $46,000 and $45,000 of federal net operating loss carry forwards at May 31, 2021 and 2020, respectively. In addition, the Company had gross deferred tax assets of approximately $10,000 and $9,000 as of May 31, 2021 and 2020 for which a full valuation allowance has provided. Based on the available objective evidence, including the Company's history of losses, management believes it is more likely than not, the net deferred tax assets will not be fully realizable. Accordingly, the Company provided for a full valuation allowance against its net deferred tax assets at May 31, 2021 and 2020. The Company had no uncertain tax positions as of May 31, 2021 and 2020. | Note 6 – Income Taxes The Company accounts for income taxes under FASB ASC Topic 740, which requires use of the liability method. FASB ASC Topic 740 provides that deferred tax assets and liabilities are recorded based on the differences the tax basis of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as temporary differences. As of February 28, 2021, the Company incurred a net operating loss and, accordingly, no provision for income taxes has been recorded. In addition, no benefit for income taxes has been recorded due to the uncertainty of the realization of any tax assets. The Company has approximately $46,000 and $44,000 of federal net operating loss carry forwards at February 28, 2021 and February 29, 2020, respectively. In addition, the Company had gross deferred tax assets of approximately $10,000 and $9,000 as of February 28, 2021 and February 29, 2020 for which a full valuation allowance has provided. Based on the available objective evidence, including the Company's history of losses, management believes it is more likely than not, the net deferred tax assets will not be fully realizable. Accordingly, the Company provided for a full valuation allowance against its net deferred tax assets at February 28, 2021 and February 29, 2020. The Company had no uncertain tax positions as of February 28, 2021 and February 29, 2020. |
| 7. Other Liabilities | 3 Months Ended |
| May 31, 2021 | |
| Notes to Financial Statements | |
| Other Liabilities | Note 7 – Other Liabilities As of May 31, 2021 and 2020, the Company has Other Liabilities of $4,739 payable to its former CEO. |
| 2. Summary of significant accounting policies (Policies) | 3 Months Ended | 12 Months Ended |
| May 31, 2021 | Feb. 28, 2021 | |
| Accounting Policies [Abstract] | ||
| Cash and Cash Equivalents | Cash and Cash Equivalents The Company doesn’t maintain any bank accounts and does not have any cash in hand. For day-to-day business activities, the Company depends upon the directors’ personal accounts. For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. | Cash and Cash Equivalents The Company doesn’t maintain any bank accounts and does not have any cash in hand. For day-to-day business activities, the Company depends upon the directors’ personal accounts. For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. |
| Use of Estimates | Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. | Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. |
| Loss per Common Share | Loss per Common Share Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. As a result, diluted loss per common share is the same as basic loss per common share for the years ended May 31, 2021 and 2020. | Loss per Common Share Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. As a result, diluted loss per common share is the same as basic loss per common share for the years ended February 28, 2021 and February 29, 2020. |
| Income Taxes | Income Taxes The Company accounts for income taxes pursuant to FASB ASC Topic 740, Income Taxes The Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carry-forward period under the Federal tax laws. Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about the reliability of the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate. | Income Taxes The Company accounts for income taxes pursuant to FASB ASC Topic 740, Income Taxes The Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carry-forward period under the Federal tax laws. Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about the reliability of the related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate. |
| Recent Accounting Pronouncements | Recent Accounting Pronouncements The Company reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company. | Recent Accounting Pronouncements The Company reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company. |
| 3. Going Concern (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | |||
| May 31, 2021 | May 31, 2020 | Feb. 28, 2021 | Feb. 29, 2020 | Feb. 28, 2019 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||
| Cash | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 |
| Net loss | (300) | $ (400) | (1,950) | (5,516) | |
| Liabilities | $ 12,505 | $ 12,205 | $ 10,255 | ||
| 4. Related party transactions (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | ||
| May 31, 2021 | May 31, 2020 | Feb. 28, 2021 | Feb. 29, 2020 | |
| Related Party Transactions [Abstract] | ||||
| Related party expenses | $ 300 | $ 400 | $ 1,950 | $ 5,516 |
| Due to related party | $ 7,766 | $ 5,916 | $ 7,466 | $ 5,516 |
| 6. Income Taxes (Details Narrative) - USD ($) | Feb. 28, 2021 | Feb. 29, 2020 |
| Income Tax Disclosure [Abstract] | ||
| Net operating loss carryforward | $ 46,000 | $ 44,000 |
| Deferred tax assets | 10,000 | 9,000 |
| Deferred tax asset valuation allowance | $ 10,000 | $ 9,000 |
