| Document and Entity Information - shares | 3 Months Ended | |
| Mar. 31, 2021 | May 06, 2021 | |
| Document and Entity Information | ||
| Document Type | 10-Q | |
| Document Quarterly Report | true | |
| Document Transition Report | false | |
| Amendment Flag | false | |
| Document Period End Date | Mar. 31, 2021 | |
| Document Fiscal Year Focus | 2021 | |
| Document Fiscal Period Focus | Q1 | |
| Entity Registrant Name | RIDGEFIELD ACQUISITION CORP | |
| Entity Central Index Key | 0000812152 | |
| Current Fiscal Year End Date | --12-31 | |
| Entity Current Reporting Status | Yes | |
| Entity Interactive Data Current | Yes | |
| Entity Filer Category | Non-accelerated Filer | |
| Entity Common Stock, Shares Outstanding | 2,860,773 | |
| Entity Shell Company | true | |
| Entity Emerging Growth Company | false | |
| Entity Small Business | true |
| Consolidated Balance Sheets - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 |
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 40,198 | $ 2,816 |
| Prepaid expenses | 600 | 0 |
| TOTAL ASSETS | 40,798 | 2,816 |
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | 4,491 | 820 |
| Accrued expenses - related party | 2,800 | 2,800 |
| Related party note and interest payable | 338,785 | |
| TOTAL LIABILITIES | 7,291 | 342,405 |
| COMMITMENTS AND CONTINGENCIES | ||
| STOCKHOLDERS' EQUITY (DEFICIT) | ||
| Preferred stock, $.01 par value; authorized - 5,000,000 shares; issued - none | 0 | 0 |
| Common stock, $.001 par value; authorized - 30,000,000 shares; issued and outstanding - 2,860,773 on March 31, 2021 and 1,260,773 on December 31, 2020 | 2,861 | 1,261 |
| Additional paid in capital | 1,914,819 | 1,516,419 |
| Accumulated deficit | (1,884,173) | (1,857,269) |
| TOTAL STOCKHOLDERS' EQUITY (DEFICIT) | 33,507 | (339,589) |
| TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT) | $ 40,798 | $ 2,816 |
| Consolidated Balance Sheets (Parenthetical) - $ / shares | Mar. 31, 2021 | Dec. 31, 2020 |
| Consolidated Balance Sheets | ||
| Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
| Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
| Preferred stock, shares issued | 0 | 0 |
| Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
| Common stock, shares authorized | 30,000,000 | 30,000,000 |
| Common stock, shares issued | 2,860,773 | 1,260,773 |
| Common stock, shares outstanding | 2,860,773 | 1,260,773 |
| Consolidated Statements of Operations - USD ($) | 3 Months Ended | |
| Mar. 31, 2021 | Mar. 31, 2020 | |
| OPERATING EXPENSES | ||
| General and administrative expenses | $ (19,622) | $ (18,830) |
| Total Operating Expenses | (19,622) | (18,830) |
| OPERATING LOSS | (19,622) | (18,830) |
| OTHER EXPENSE | ||
| Other expense | (1,625) | (1,425) |
| Interest expense | (5,657) | (5,280) |
| Total Other Expense | (7,282) | (6,705) |
| NET LOSS | $ (26,904) | $ (25,535) |
| NET LOSS PER COMMON SHARE | ||
| Basic | $ (0.02) | $ (0.02) |
| Dilutive | $ (0.02) | $ (0.02) |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - | ||
| Basic | 1,438,551 | 1,260,773 |
| Dilutive | 1,438,551 | 1,260,773 |
| Consolidated Statements of Changes in Stockholders' Deficit - USD ($) | Common Stock | Additional Paid in Capital | Accumulated Deficit | Total |
| Balance at Dec. 31, 2019 | $ 1,261 | $ 1,516,419 | $ (1,789,039) | $ (271,359) |
| Balance (in shares) at Dec. 31, 2019 | 1,260,773 | |||
| Net loss | $ 0 | 0 | (25,535) | (25,535) |
| Balance at Mar. 31, 2020 | $ 1,261 | 1,516,419 | (1,814,574) | (296,894) |
| Balance (in shares) at Mar. 31, 2020 | 1,260,773 | |||
| Balance at Dec. 31, 2020 | $ 1,261 | 1,516,419 | (1,857,269) | (339,589) |
| Balance (in shares) at Dec. 31, 2020 | 1,260,773 | |||
| Issuance of Common Stock | $ 1,600 | 398,400 | 400,000 | |
| Issuance of Common Stock (in shares) | 1,600,000 | |||
| Net loss | $ 0 | 0 | (26,904) | (26,904) |
| Balance at Mar. 31, 2021 | $ 2,861 | $ 1,914,819 | $ (1,884,173) | $ 33,507 |
| Balance (in shares) at Mar. 31, 2021 | 2,860,773 |
| Consolidated Statements of Cash Flows - USD ($) | 3 Months Ended | |
| Mar. 31, 2021 | Mar. 31, 2020 | |
| OPERATING ACTIVITIES | ||
| Net loss | $ (26,904) | $ (25,535) |
| Changes in assets and liabilities: | ||
| (Increase) in prepaid expenses | (600) | 0 |
| Increase (decrease) in accounts payable and accrued expenses | 3,671 | (5,462) |
| Increase in accrued interest - related party | 5,657 | 5,280 |
| Net cash used in operating activities | (18,176) | (25,717) |
| FINANCING ACTIVITIES | ||
| Proceeds from issuance of common stock | 50,558 | 0 |
| Proceeds from related party note payable | 5,000 | 30,000 |
| Repayments to related party note payable | 0 | 0 |
| Net cash provided by financing activities | 55,558 | 30,000 |
| NET INCREASE IN CASH AND CASH EQUIVALENTS | 37,382 | 4,283 |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 2,816 | 6,271 |
| CASH AND CASH EQUIVALENTS, END OF PERIOD | 40,198 | 10,554 |
| SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES | ||
| Cash paid for interest | 0 | 0 |
| Cash paid for income taxes | 0 | 0 |
| NONCASH INVESTING AND FINANCING ACTIVITIES | ||
| Conversion of related party note payable and accrued interest to common stock | $ 349,442 | $ 0 |
| THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 3 Months Ended |
| Mar. 31, 2021 | |
| THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
| THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 1 – THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ORGANIZATION AND NATURE OF OPERATIONS Ridgefield Acquisition Corp. (“we”, “us”, “our”, “Ridgefield” or the “Company”) was incorporated under the laws of the State of Colorado on October 13, 1983. Effective June 23, 2006, the Company was reincorporated under the laws of the State of Nevada through the merger of the Company with a wholly-owned subsidiary of the Company. Since July 2000, the Company has suspended all operations, except for necessary administrative matters. The Company has no principal operations or revenue producing activities. The Company is pursuing an acquisition strategy whereby it is seeking to arrange for a merger, acquisition or other business combination with a viable operating entity. GOING CONCERN AND LIQUIDITY The Company has continued to sustain losses from operations. In addition, the Company has not generated positive cash flow from operations. Management is aware that its current cash resources may not be adequate to fund its operations for the following year. The Company cannot provide any assurances as to if and when it will be able to attain profitability. These conditions, among others, raise substantial doubt about the Company's ability to continue operations as a going concern. No adjustment has been made in the consolidated financial statements to the amounts and classification of assets and liabilities, which could result, should the Company be unable to continue as a going concern. The Company will be dependent upon the raising of additional capital through debt or the placement of our common stock in order to implement its business plan or merge with an operating company. The officers and directors have, in the past, committed to advancing certain operating costs of the Company. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. BASIS OF PRESENTATION The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission for the presentation of interim financial information, but do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. The accompanying financial statements should be read in conjunction with the December 31, 2020 consolidated financial statements that were filed in our annual report on Form 10-K. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three-month period ended March 31, 2021 are not necessarily indicative of the results that may be expected for the year ended December 31, 2021. |
| RELATED PARTY TRANSACTIONS | 3 Months Ended |
| Mar. 31, 2021 | |
| RELATED PARTY TRANSACTIONS | |
| RELATED PARTY TRANSACTIONS | NOTE 2 – RELATED PARTY TRANSACTIONS The Company previously occupied a portion of the offices leased by BKF Capital Group, Inc. (OTCMKTS: BKFG), on a month to month basis for a rental fee of $50 per month that was intended to cover administrative costs. Steven N. Bronson, the Company's Chairman, CEO, and majority shareholder, is also the Chairman, CEO and majority shareholder of BKF Capital Group, Inc. Effective June 30, 2019, the Company terminated this arrangement with BKF Capital Group, Inc., and leased an administrative office from an unrelated party on a month-to-month basis for a minimum of $10 per month. Additional charges, if any, are based upon services provided by the lessor. At both March 31, 2021 and December 31, 2020, we owed BKF $2,800 for this previous arrangement. There were no payments made to BKF during the three months ended March 31, 2021, however the Company paid the full balance due to BKF on April 19, 2021, subsequent to the date of these financial statements. Steven N. Bronson, the Company's Chairman, President, CEO, and majority shareholder has previously loaned the Company money to fund working capital needs to pay operating expenses. The loan was repayable upon demand and accrued interest at the rate of 10% per annum. The loan was not secured. On March 26, 2021, the Company sold 1,600,000 shares of its Common Stock to Mr. Bronson at a price of $0.25 per share, for an aggregate purchase price of $400,000. Mr. Bronson paid the purchase price for the shares by cancelling $349,442 in principal and accrued interest outstanding under the loan and paying $50,558 in cash. During the three months ended March 31, 2020 and March 31, 2021, the following amounts were payable under the loan: Principal Interest Balance January 1, 2020 $ 205,161 $ 64,207 Additions 30,000 5,280 Cash Payments — — Balance March 31, 2020 $ 235,161 $ 69,487 Balance January 1, 2021 $ 251,161 $ 87,624 Additions 5,000 5,657 Cash Payments — — Conversion into Common Stock (256,161) (93,281) Balance March 31, 2021 $ — $ — |
| STOCKHOLDERS' EQUITY (DEFICIT) | 3 Months Ended |
| Mar. 31, 2021 | |
| STOCKHOLDERS' EQUITY (DEFICIT) | |
| STOCKHOLDERS' EQUITY (DEFICIT) | NOTE 3 - STOCKHOLDERS' EQUITY (DEFICIT) On March 26, 2021, the Company sold 1,600,000 shares of its Common Stock to its President and Chief Executive Officer, Steven N. Bronson at a price of $0.25 per share, for an aggregate purchase price of $400,000. Mr. Bronson paid the purchase price for the shares by cancelling $349,442 in principal and accrued interest outstanding under a Revolving Promissory Note, dated as of December 31, 2016, made by the Company in favor of Mr. Bronson, as amended to date, and paying $50,558 in cash. |
| THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 3 Months Ended |
| Mar. 31, 2021 | |
| THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
| ORGANIZATION AND NATURE OF OPERATIONS | ORGANIZATION AND NATURE OF OPERATIONS Ridgefield Acquisition Corp. (“we”, “us”, “our”, “Ridgefield” or the “Company”) was incorporated under the laws of the State of Colorado on October 13, 1983. Effective June 23, 2006, the Company was reincorporated under the laws of the State of Nevada through the merger of the Company with a wholly-owned subsidiary of the Company. Since July 2000, the Company has suspended all operations, except for necessary administrative matters. The Company has no principal operations or revenue producing activities. The Company is pursuing an acquisition strategy whereby it is seeking to arrange for a merger, acquisition or other business combination with a viable operating entity. |
| GOING CONCERN AND LIQUIDITY | GOING CONCERN AND LIQUIDITY The Company has continued to sustain losses from operations. In addition, the Company has not generated positive cash flow from operations. Management is aware that its current cash resources may not be adequate to fund its operations for the following year. The Company cannot provide any assurances as to if and when it will be able to attain profitability. These conditions, among others, raise substantial doubt about the Company's ability to continue operations as a going concern. No adjustment has been made in the consolidated financial statements to the amounts and classification of assets and liabilities, which could result, should the Company be unable to continue as a going concern. The Company will be dependent upon the raising of additional capital through debt or the placement of our common stock in order to implement its business plan or merge with an operating company. The officers and directors have, in the past, committed to advancing certain operating costs of the Company. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. |
| BASIS OF PRESENTATION | BASIS OF PRESENTATION The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission for the presentation of interim financial information, but do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. The accompanying financial statements should be read in conjunction with the December 31, 2020 consolidated financial statements that were filed in our annual report on Form 10-K. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three-month period ended March 31, 2021 are not necessarily indicative of the results that may be expected for the year ended December 31, 2021. |
| RELATED PARTY TRANSACTIONS (Tables) | 3 Months Ended |
| Mar. 31, 2021 | |
| RELATED PARTY TRANSACTIONS | |
| Schedule of related party transactions | During the three months ended March 31, 2020 and March 31, 2021, the following amounts were payable under the loan: Principal Interest Balance January 1, 2020 $ 205,161 $ 64,207 Additions 30,000 5,280 Cash Payments — — Balance March 31, 2020 $ 235,161 $ 69,487 Balance January 1, 2021 $ 251,161 $ 87,624 Additions 5,000 5,657 Cash Payments — — Conversion into Common Stock (256,161) (93,281) Balance March 31, 2021 $ — $ — |
| RELATED PARTY TRANSACTIONS (Details) - Management [Member] - USD ($) | 3 Months Ended | |
| Mar. 31, 2021 | Mar. 31, 2020 | |
| Principal Amount [Member] | ||
| Balance | $ 251,161 | $ 205,161 |
| Additions | 5,000 | 30,000 |
| Cash Payments | 0 | 0 |
| Conversion into Common Stock | (256,161) | |
| Balance | 0 | 235,161 |
| Interest Accrued [Member] | ||
| Balance | 87,624 | 64,207 |
| Additions | 5,657 | 5,280 |
| Cash Payments | 0 | 0 |
| Conversion into Common Stock | (93,281) | |
| Balance | $ 0 | $ 69,487 |
| RELATED PARTY TRANSACTIONS - Additional Information (Details) - USD ($) | Mar. 26, 2021 | Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 |
| Debt Instrument, Interest Rate, Stated Percentage | 10.00% | |||
| Accrued Rent | $ 2,800 | $ 2,800 | ||
| Payments made to related parties | 0 | $ 0 | ||
| Mr.Bronson | Common Stock | ||||
| Stock Issued During Period, Shares, Other | 1,600,000 | |||
| Share price | $ 0.25 | |||
| Stock Issued During Period, Value, Other | $ 400,000 | |||
| Cancellation Of Purchase Price Value Of Shares | 349,442 | |||
| Debt Instrument, Increase, Accrued Interest | $ 50,558 | |||
| BKF Capital Group, Inc. [Member] | ||||
| Operating Lease, Expense | 50 | |||
| Payments made to related parties | 0 | |||
| BKF Capital Group, Inc. [Member] | Minimum | ||||
| Operating Lease, Expense | $ 10 |
| STOCKHOLDERS' EQUITY (DEFICIT) (Details) - Common Stock - Mr.Bronson | Mar. 26, 2021USD ($)$ / sharesshares |
| Stock Issued During Period, Shares, Other | shares | 1,600,000 |
| Share price | $ / shares | $ 0.25 |
| Stock Issued During Period, Value, Other | $ 400,000 |
| Cancellation Of Purchase Price Value Of Shares | 349,442 |
| Debt Instrument, Increase, Accrued Interest | $ 50,558 |
