10-Q Filing

BLACKBOXSTOCKS INC. CIK: 1567900 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001010549-16-000817`
Period End Date	20160930
Filing Date	20161121
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	blbx-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 56 Cash Flow Statement 50

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Computer and related equipment, net of depreciation	`ComputerAndRelatedEquipmentNetOfDepreciation`	-	USD	Point-in-time
Computer and related equipment, net of depreciation	`ComputerAndRelatedEquipmentNetOfDepreciation`	$3.87K	USD	Point-in-time
Cash	`Cash`	$28.87K	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, par value	`PreferredStockNoParValue`	$0.00	USD	Point-in-time
Investments, trading	`Investments`	$414.00	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
Investments, trading	`Investments`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	-	USD	Point-in-time
Series A Convertible Preferred Stock par value	`SeriesAConvertiblePreferredStockParValue`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$3.50K	USD	Point-in-time
Series A Convertible Preferred Stock par value	`SeriesAConvertiblePreferredStockParValue`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.78K	USD	Point-in-time
Series A Convertible Preferred Stock shares authorized	`SeriesAConvertiblePreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.41K	USD	Point-in-time
Series A Convertible Preferred Stock shares authorized	`SeriesAConvertiblePreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Series A Convertible Preferred Stock issued	`SeriesAConvertiblePreferredStockIssued`	5.00M	shares	Point-in-time
Prepaid expenses, related parties (Note 6)	`PrepaidExpenseCurrent`	$154.50K	USD	Point-in-time
Prepaid expenses, related parties (Note 6)	`PrepaidExpenseCurrent`	$24.05K	USD	Point-in-time
Series A Convertible Preferred Stock issued	`SeriesAConvertiblePreferredStockIssued`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$218.61K	USD	Point-in-time
Series A Convertible Preferred Stock outstanding	`SeriesAConvertiblePreferredStockOutstanding`	5.00M	shares	Point-in-time
Series A Convertible Preferred Stock outstanding	`SeriesAConvertiblePreferredStockOutstanding`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$60.20K	USD	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Computer and related equipment, net of depreciation of $3,866 at September 30, 2016 and $0 at December 31, 2015	`ComputerAndRelatedEquipmentNetOfDepreciation2`	$11.60K	USD	Point-in-time
Computer and related equipment, net of depreciation of $3,866 at September 30, 2016 and $0 at December 31, 2015	`ComputerAndRelatedEquipmentNetOfDepreciation2`	$15.46K	USD	Point-in-time
Total property	`TotalProperty`	$11.60K	USD	Point-in-time
Total property	`TotalProperty`	$15.46K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.22M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.84M	shares	Point-in-time
Total Assets	`Assets`	$234.08K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.22M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.84M	shares	Point-in-time
Total Assets	`Assets`	$71.80K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$29.15K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$124.70K	USD	Point-in-time
Unearned subscriptions	`UnearnedSubscriptions`	-	USD	Point-in-time
Unearned subscriptions	`UnearnedSubscriptions`	$14.32K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$2.14K	USD	Point-in-time
Accrued interest	`AccruedInterest`	-	USD	Point-in-time
Advances, related party (Note 6)	`AdvancesRelatedPartyNote6`	$29.04K	USD	Point-in-time
Advances, related party (Note 6)	`AdvancesRelatedPartyNote6`	-	USD	Point-in-time
Notes payable (Note 7)	`NotesPayableCurrent`	-	USD	Point-in-time
Notes payable (Note 7)	`NotesPayableCurrent`	$50.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$220.20K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.15K	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized; no sharesissued and outstanding at September 30, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized; no sharesissued and outstanding at September 30, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Series A Convertible Preferred Stock, $0.001 par value, 5,000,000 shares authorized; 5,000,000 issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`SeriesAConvertiblePreferredStock1`	$5.00K	USD	Point-in-time
Series A Convertible Preferred Stock, $0.001 par value, 5,000,000 shares authorized; 5,000,000 issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`SeriesAConvertiblePreferredStock1`	$5.00K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized: 20,220,000 and 20,835,010 issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$20.84K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized: 20,220,000 and 20,835,010 issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$20.22K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$799.61K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$910.22K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-620.51K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$204.93K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-148.41K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$71.80K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$234.08K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	3 Qtrs
Revenue	`Revenues`	$19.54K	USD	1 Quarter
Revenue	`Revenues`	$19.54K	USD	3 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
Cost of operations	`CostOfOperations`	-	USD	3 Qtrs
Cost of operations	`CostOfOperations`	-	USD	1 Quarter
Cost of operations	`CostOfOperations`	$15.63K	USD	1 Quarter
Cost of operations	`CostOfOperations`	$15.63K	USD	3 Qtrs
Gross margin	`GrossProfit`	-	USD	3 Qtrs
Gross margin	`GrossProfit`	$3.91K	USD	3 Qtrs
Gross margin	`GrossProfit`	$3.91K	USD	1 Quarter
Gross margin	`GrossProfit`	-	USD	1 Quarter
Software development costs	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$122.31K	USD	3 Qtrs
Software development costs	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$76.86K	USD	1 Quarter
Software development costs	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$124.76K	USD	3 Qtrs
Software development costs	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$35.45K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$122.89K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$335.50K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$124.01K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$47.94K	USD	1 Quarter
Depreciation	`Depreciation`	-	USD	1 Quarter
Depreciation	`Depreciation`	-	USD	3 Qtrs
Depreciation	`Depreciation`	$1.29K	USD	1 Quarter
Depreciation	`Depreciation`	$3.87K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$464.13K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$245.20K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$160.75K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$124.80K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-124.80K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-460.22K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-156.84K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-245.20K	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.12K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$3.12K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-245.20K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-463.34K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-159.96K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-124.80K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-463.34K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-159.96K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-245.20K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-124.80K	USD	1 Quarter
Weighted average number of commonshares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	20.16M	shares	1 Quarter
Weighted average number of commonshares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	20.18M	shares	3 Qtrs
Weighted average number of commonshares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.22M	shares	3 Qtrs
Weighted average number of commonshares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.62M	shares	1 Quarter
Net loss per share - basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Net loss per share - basic	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs
Net loss per share - basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Net loss per share - basic	`EarningsPerShareBasic`	$-0.02	USD	3 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-463.34K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-245.20K	USD	3 Qtrs
Depreciation expense	`DepreciationExpense`	-	USD	3 Qtrs
Depreciation expense	`DepreciationExpense`	$3.87K	USD	3 Qtrs
Investment, trading	`InvestmentTrading`	$414.00	USD	3 Qtrs
Investment, trading	`InvestmentTrading`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.50K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-365.00	USD	3 Qtrs
Prepaid expenses, related parties	`PrepaidExpensesRelatedParties`	$130.45K	USD	3 Qtrs
Prepaid expenses, related parties	`PrepaidExpensesRelatedParties`	$-119.76K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$95.55K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-888.00	USD	3 Qtrs
Accounts payable, related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	3 Qtrs
Accounts payable, related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-102.43K	USD	3 Qtrs
Unearned subscriptions	`UnearnedSubscriptions1`	-	USD	3 Qtrs
Unearned subscriptions	`UnearnedSubscriptions1`	$14.32K	USD	3 Qtrs
Accrued interest	`AccruedInterest1`	$2.14K	USD	3 Qtrs
Accrued interest	`AccruedInterest1`	-	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-220.46K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-468.28K	USD	3 Qtrs
Purchases of fixed assets	`PurchasesOfFixedAssets`	-	USD	3 Qtrs
Purchases of fixed assets	`PurchasesOfFixedAssets`	$-15.46K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.46K	USD	3 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$760.00K	USD	3 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$110.00K	USD	3 Qtrs
Preferred stock issued for cash	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Preferred stock issued for cash	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$5.00K	USD	3 Qtrs
Payment for cancellation of common stock	`PaymentsForRepurchaseOfCommonStock`	$-245.00K	USD	3 Qtrs
Payment for cancellation of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Advances from shareholder	`AdvancesFromShareholder`	-	USD	3 Qtrs
Advances from shareholder	`AdvancesFromShareholder`	$29.04K	USD	3 Qtrs
Proceeds from notes issued	`ProceedsFromNotesIssued`	-	USD	3 Qtrs
Proceeds from notes issued	`ProceedsFromNotesIssued`	$50.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$520.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$189.04K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-31.42K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$36.26K	USD	3 Qtrs
Cash - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$200.53K	USD	Point-in-time
Cash - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.29K	USD	Point-in-time
Cash - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.87K	USD	Point-in-time
Cash - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$236.79K	USD	Point-in-time
Cash - end of period	`CashAndCashEquivalentsAtCarryingValue`	$200.53K	USD	Point-in-time
Cash - end of period	`CashAndCashEquivalentsAtCarryingValue`	$60.29K	USD	Point-in-time
Cash - end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.87K	USD	Point-in-time
Cash - end of period	`CashAndCashEquivalentsAtCarryingValue`	$236.79K	USD	Point-in-time
Cancellation of common shares	`CancellationOfCommonShares`	$835.00	USD	3 Qtrs
Cancellation of common shares	`CancellationOfCommonShares`	-	USD	3 Qtrs

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