10-K Filing

BLACKBOXSTOCKS INC. CIK: 1567900 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0001010549-16-000569`
Period End Date	20151231
Filing Date	20160414
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	blbx-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 24 Cash Flow Statement 42 Stockholders Equity 15

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par value	`PreferredStockNoParValue`	$0.00	USD	Point-in-time
Preferred Stock, Par value	`PreferredStockNoParValue`	$0.00	USD	Point-in-time
Cash	`Cash`	$60.29K	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$200.53K	USD	Point-in-time
Investments, trading	`Investments`	$414.00	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments, trading	`Investments`	-	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.41K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	-	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses, related parties (Note 6)	`PrepaidExpenseCurrent`	$154.50K	USD	Point-in-time
Prepaid expenses, related parties (Note 6)	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Convertible Preferred Stock Series A, Par value	`ConvertiblePreferredStockSeriesAParValue`	$0.00	USD	Point-in-time
Convertible Preferred Stock Series A, Par value	`ConvertiblePreferredStockSeriesAParValue`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$218.61K	USD	Point-in-time
Convertible Preferred Stock Series A, shares authorized	`ConvertiblePreferredStockSeriesASharesAuthorized`	5.00M	shares	Point-in-time
Convertible Preferred Stock Series A, shares authorized	`ConvertiblePreferredStockSeriesASharesAuthorized`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$200.53K	USD	Point-in-time
Convertible Preferred Stock Series A, shares issued	`ConvertiblePreferredStockSeriesASharesIssued`	5.00M	shares	Point-in-time
Convertible Preferred Stock Series A, shares issued	`ConvertiblePreferredStockSeriesASharesIssued`	0.00	shares	Point-in-time
Computer and related equipment	`ComputerAndRelatedEquipment`	-	USD	Point-in-time
Computer and related equipment	`ComputerAndRelatedEquipment`	$15.46K	USD	Point-in-time
Convertible Preferred Stock Series A, shares outstanding	`ConvertiblePreferredStockSeriesASharesOutstanding`	5.00M	shares	Point-in-time
Convertible Preferred Stock Series A, shares outstanding	`ConvertiblePreferredStockSeriesASharesOutstanding`	0.00	shares	Point-in-time
Common Stock, par value	`CommonStockNoParValue`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockNoParValue`	$0.00	USD	Point-in-time
Total property	`TotalProperty`	$15.46K	USD	Point-in-time
Total property	`TotalProperty`	-	USD	Point-in-time
Total Assets	`Assets`	$234.08K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Assets	`Assets`	$200.53K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	20.84M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	16.40M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	16.40M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	20.84M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$7.32K	USD	Point-in-time
Treasury stock, Shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$29.15K	USD	Point-in-time
Treasury stock, Shares	`TreasuryStockShares`	100,000.00	shares	Point-in-time
Accounts payable, related parties (Note 6)	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts payable, related parties (Note 6)	`AccountsPayableCurrent`	$125.24K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.56K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.15K	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized; no shares issued and outstanding at December 31, 2015 and 2014	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized; no shares issued and outstanding at December 31, 2015 and 2014	`PreferredStockValue`	-	USD	Point-in-time
Series A Convertible Preferred Stock, $0.001 par value, 5,000,000 shares authorized; 5,000,000 and no shares issued and outstanding at December 31, 2015 and 2014, respectively	`SeriesAConvertiblePreferredValue`	$5.00K	USD	Point-in-time
Series A Convertible Preferred Stock, $0.001 par value, 5,000,000 shares authorized; 5,000,000 and no shares issued and outstanding at December 31, 2015 and 2014, respectively	`SeriesAConvertiblePreferredValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized: 20,835,010 and 16,300,000 issued, 20,835,010 and 16,400,000 outstanding at December 31, 2015 and 2014, respectively	`CommonStockValue`	$16.40K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized: 20,835,010 and 16,300,000 issued, 20,835,010 and 16,400,000 outstanding at December 31, 2015 and 2014, respectively	`CommonStockValue`	$20.84K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$799.61K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$298.60K	USD	Point-in-time
Treasury stock, no shares at December 31, 2015 and 100,000 shares at December 31, 2014, at cost	`TreasuryStockValue`	-	USD	Point-in-time
Treasury stock, no shares at December 31, 2015 and 100,000 shares at December 31, 2014, at cost	`TreasuryStockValue`	$-50.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-620.51K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-197.03K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$67.97K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$204.93K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$234.08K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$200.53K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	Annual
Revenue	`Revenues`	-	USD	3 Qtrs
Cost of operations	`CostOfOperations`	-	USD	Annual
Cost of operations	`CostOfOperations`	-	USD	3 Qtrs
Gross margin	`GrossProfit`	-	USD	3 Qtrs
Gross margin	`GrossProfit`	-	USD	Annual
Software development costs	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$118.84K	USD	3 Qtrs
Software development costs	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$185.32K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$238.16K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$78.19K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$197.03K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$423.48K	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-423.48K	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-197.03K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-423.48K	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-197.03K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-197.03K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-423.48K	USD	Annual
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.63M	shares	Annual
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	16.01M	shares	3 Qtrs
Net loss per share - basic	`EarningsPerShareBasic`	$-0.02	USD	Annual
Net loss per share - basic	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-423.48K	USD	Annual
Net loss	`ProfitLoss`	$-197.03K	USD	3 Qtrs
Common stock issued in exchange for software development	`CommonStockIssuedInExchangeForSoftwareDevelopment`	$15.00K	USD	3 Qtrs
Common stock issued in exchange for software development	`CommonStockIssuedInExchangeForSoftwareDevelopment`	-	USD	Annual
Investments, trading	`IncreaseDecreaseOfRestrictedInvestments`	-	USD	3 Qtrs
Investments, trading	`IncreaseDecreaseOfRestrictedInvestments`	$-414.00	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.41K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Prepaid expenses, related parties	`PrepaidExpensesRelatedParties`	$-154.50K	USD	Annual
Prepaid expenses, related parties	`PrepaidExpensesRelatedParties`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$21.83K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.32K	USD	3 Qtrs
Accounts payable, related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-125.24K	USD	Annual
Accounts payable, related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$125.24K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-685.22K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-49.47K	USD	3 Qtrs
Advance to stockholder	`AdvanceToStockholder`	-	USD	Annual
Advance to stockholder	`AdvanceToStockholder`	$-50.00K	USD	3 Qtrs
Cash received in reverse merger transaction	`CashReceivedInReverseMergerTransaction`	-	USD	3 Qtrs
Cash received in reverse merger transaction	`CashReceivedInReverseMergerTransaction`	$442.00	USD	Annual
Purchases of fixed assets	`PurchasesOfFixedAssets`	-	USD	3 Qtrs
Purchases of fixed assets	`PurchasesOfFixedAssets`	$-15.46K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.02K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.00K	USD	3 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$800.00K	USD	Annual
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$300.00K	USD	3 Qtrs
Preferred stock issued for cash	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Preferred stock issued for cash	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$5.00K	USD	Annual
Payment for cancellation of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payment for cancellation of common stock	`PaymentsForRepurchaseOfCommonStock`	$-245.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$300.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$560.00K	USD	Annual
Net increase(decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-140.24K	USD	Annual
Net increase(decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$200.53K	USD	3 Qtrs
Cash - beginning of period	`CashBeginningOfPeriod`	$200.53K	USD	Annual
Cash - beginning of period	`CashBeginningOfPeriod`	-	USD	3 Qtrs
Cash - end of period	`CashEndOfPeriod`	$60.29K	USD	Annual
Cash - end of period	`CashEndOfPeriod`	$200.53K	USD	3 Qtrs
Repurchase of shares to hold in treasury in exchange for stockholder advance	`RepurchaseOfSharesToHoldInTreasuryInExchangeForStockholderAdvance`	-	USD	Annual
Repurchase of shares to hold in treasury in exchange for stockholder advance	`RepurchaseOfSharesToHoldInTreasuryInExchangeForStockholderAdvance`	$50.00K	USD	3 Qtrs
Cancellation of treasury shares	`CancellationOfTreasuryShares`	$50.00K	USD	Annual
Cancellation of treasury shares	`CancellationOfTreasuryShares`	-	USD	3 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`SharesOutstanding`	0.00	shares	Point-in-time
Balance.	`Balance`	67,969.00	shares	Point-in-time
Balance	`Balance1`	204,931.00	shares	Point-in-time
Balance	`SharesOutstanding`	0.00	shares	Point-in-time
Issuance of shares in exchange for design services of trade dress and initial creation of application software	`IssuanceOfSharesInExchangeForDesignServicesOfTradeDressAndInitialCreationOfApplicationSoftware`	15,000.00	shares	3 Qtrs
Issuance of shares in exchange for cash	`IssuanceOfSharesInExchangeForCash`	300,000.00	shares	3 Qtrs
Purchase of treasury stock	`PurchaseOfTreasuryStock`	$-50.00K	USD	3 Qtrs
Net loss	`NetLoss`	$-197.03K	USD	3 Qtrs
Balance.	`Balance`	67,969.00	shares	Point-in-time
Issuance of shares in exchange for cash	`IssuanceOfSharesInExchangeForCash1`	800,000.00	shares	Annual
Issuance of shares in exchange for cash	`IssuanceOfSharesInExchangeForCash2`	5,000.00	shares	Annual
Issuance of shares by SMSA in reverse merger transaction	`IssuanceOfSharesBySmsaInReverseMergerTransaction`	442.00	shares	Annual
Purchase and cancellation of shares in exchange for cash	`PurchaseAndCancellationOfSharesInExchangeForCash`	-245,000.00	shares	Annual
Net loss	`NetLoss1`	$-423.48K	USD	Annual
Balance	`Balance1`	204,931.00	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.