10-K Filing

DMC BEVERAGE CORP. CIK: 1580426 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001014897-14-000151`
Period End Date	20131231
Filing Date	20140415
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	dmcb-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 41 Income Statement 34 Cash Flow Statement 86

Balance Sheet 41 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$2.90K	USD	Point-in-time
Cash	`Cash`	$269.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$2.12K	USD	Point-in-time
Inventories	`InventoryNet`	$84.27K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$672.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$89.96K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$269.00	USD	Point-in-time
Property and equipment , net	`PropertyPlantAndEquipmentNet`	$16.33K	USD	Point-in-time
Property and equipment , net	`PropertyPlantAndEquipmentNet`	$12.94K	USD	Point-in-time
Total assets	`Assets`	$106.29K	USD	Point-in-time
Total assets	`Assets`	$13.21K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrentAndNoncurrent`	$748.94K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrentAndNoncurrent`	$756.93K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$142.42K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$281.12K	USD	Point-in-time
Contractor liabilities	`ContractorLiabilities`	$224.55K	USD	Point-in-time
Contractor liabilities	`ContractorLiabilities`	$214.00K	USD	Point-in-time
Coupon reimbursement liabilities	`CouponReimbursementLiabilities`	$304.94K	USD	Point-in-time
Coupon reimbursement liabilities	`CouponReimbursementLiabilities`	$260.56K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$154.30K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$36.46K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$19.22K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$19.22K	USD	Point-in-time
Line-of-credit and notes payable - related parties	`LineOfCreditAndNotesPayableRelatedParties`	$330.90K	USD	Point-in-time
Line-of-credit and notes payable - related parties	`LineOfCreditAndNotesPayableRelatedParties`	$395.90K	USD	Point-in-time
Notes payable	`NotesPayable`	$60.00K	USD	Point-in-time
Notes payable	`NotesPayable`	$50.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.19M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.81M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.19M	USD	Point-in-time
Common stock, $0.0001 par value, 2,000,000,000 shares authorized, 13,642,391 and 12,894,869 shares issued and outstanding at December 31, 2013 and 2012, respectively	`CommonStockValueOutstanding`	$1.36K	USD	Point-in-time
Common stock, $0.0001 par value, 2,000,000,000 shares authorized, 13,642,391 and 12,894,869 shares issued and outstanding at December 31, 2013 and 2012, respectively	`CommonStockValueOutstanding`	$1.29K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-5.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-5.68M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-1.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-2.17M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$106.29K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.21K	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$268.46K	USD	Annual
Net sales	`SalesRevenueNet`	-	USD	Annual
Discounts	`SalesDiscountsGoods`	$-25.20K	USD	Annual
Discounts	`SalesDiscountsGoods`	-	USD	Annual
Sales, net of discounts	`SalesNetOfDiscounts`	$243.26K	USD	Annual
Sales, net of discounts	`SalesNetOfDiscounts`	-	USD	Annual
Cost of sales	`CostOfRevenue`	-	USD	Annual
Cost of sales	`CostOfRevenue`	$430.74K	USD	Annual
Gross profit (loss)	`GrossProfit`	$-187.48K	USD	Annual
Gross profit (loss)	`GrossProfit`	-	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$409.91K	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$540.37K	USD	Annual
Net loss from operations	`IncomeLossFromContinuingOperations`	$-727.85K	USD	Annual
Net loss from operations	`IncomeLossFromContinuingOperations`	$-409.91K	USD	Annual
Miscellaneous income	`MiscellaneousIncome`	-	USD	Annual
Miscellaneous income	`MiscellaneousIncome`	$86.00	USD	Annual
Interest income	`InterestIncomeOther`	$10.00	USD	Annual
Interest income	`InterestIncomeOther`	$597.00	USD	Annual
Interest expense	`InterestExpense`	$-123.26K	USD	Annual
Interest expense	`InterestExpense`	$-33.91K	USD	Annual
Gain on disposal of fixed assets	`GainOnDisposalOfFixedAssets`	$659.00	USD	Annual
Gain on disposal of fixed assets	`GainOnDisposalOfFixedAssets`	-	USD	Annual
Total other income (expense)	`OtherIncome`	$-122.67K	USD	Annual
Total other income (expense)	`OtherIncome`	$-33.16K	USD	Annual
Loss before income taxes (benefit)	`ClosedBlockOperationsResultsBeforeIncomeTaxes`	$-532.58K	USD	Annual
Loss before income taxes (benefit)	`ClosedBlockOperationsResultsBeforeIncomeTaxes`	$-761.01K	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-532.58K	USD	Annual
Net loss	`NetIncomeLoss`	$-761.01K	USD	Annual
Net loss per common share - Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	Annual
Net loss per common share - Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	Annual
Weighted average number of common shares outstanding during the period - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.46M	shares	Annual
Weighted average number of common shares outstanding during the period - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.99M	shares	Annual

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-532.58K	USD	Annual
Net loss	`NetIncomeLoss`	$-761.01K	USD	Annual
Depreciation	`Depreciation`	$5.45K	USD	Annual
Depreciation	`Depreciation`	$3.39K	USD	Annual
Bad debt expense	`BadDebtExpense`	$46.50K	USD	Annual
Bad debt expense	`BadDebtExpense`	-	USD	Annual
Slotting fee amortization	`SlottingFeeAmortization`	$142.21K	USD	Annual
Slotting fee amortization	`SlottingFeeAmortization`	-	USD	Annual
Stock issued as debt discount for loan inducement	`StockIssuedAsDebtDiscountForLoanInducement`	-	USD	Annual
Stock issued as debt discount for loan inducement	`StockIssuedAsDebtDiscountForLoanInducement`	$5.00K	USD	Annual
Stock issued in lieu of cash compensation	`StockIssuedInLieuOfCashCompensation`	-	USD	Annual
Stock issued in lieu of cash compensation	`StockIssuedInLieuOfCashCompensation`	$37.00K	USD	Annual
Stock option expense	`StockOptionPlanExpense`	$2.40K	USD	Annual
Stock option expense	`StockOptionPlanExpense`	$1.20K	USD	Annual
Issuance of note payable for financing fees	`IssuanceOfNotePayableForFinancingFees`	-	USD	Annual
Issuance of note payable for financing fees	`IssuanceOfNotePayableForFinancingFees`	$10.02K	USD	Annual
Interest accrued	`InterestAccrued`	$118.26K	USD	Annual
Interest accrued	`InterestAccrued`	$33.91K	USD	Annual
(Gain) on disposal of equipment	`GainOnDisposalOfEquipment`	-	USD	Annual
(Gain) on disposal of equipment	`GainOnDisposalOfEquipment`	$-659.00	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$128.13K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.12K	USD	Annual
Inventories	`Inventories`	$84.27K	USD	Annual
Inventories	`Inventories`	$277.71K	USD	Annual
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$-19.52K	USD	Annual
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$672.00	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	-	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$2.86K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.00K	USD	Annual
Accrued expenses	`AccruedExpenses`	$44.80K	USD	Annual
Accrued expenses	`AccruedExpenses`	$138.70K	USD	Annual
Contractor liabilities	`ContractorLiabilities1`	$-10.55K	USD	Annual
Contractor liabilities	`ContractorLiabilities1`	$40.05K	USD	Annual
Coupon reimbursement liabilities	`CouponReimbursementLiabilities1`	$-2.12K	USD	Annual
Coupon reimbursement liabilities	`CouponReimbursementLiabilities1`	$11.29K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$9.30K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	-	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-60.27K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-88.92K	USD	Annual
Purchase of property and equipment	`PurchaseOfPropertyAndEquipment`	-	USD	Annual
Purchase of property and equipment	`PurchaseOfPropertyAndEquipment`	$-900.00	USD	Annual
Cash received in sale of property and equipment	`CashReceivedInSaleOfPropertyAndEquipment`	-	USD	Annual
Cash received in sale of property and equipment	`CashReceivedInSaleOfPropertyAndEquipment`	$10.00K	USD	Annual
Cash received in merger transaction	`CashReceivedInMergerTransaction`	$352.00	USD	Annual
Cash received in merger transaction	`CashReceivedInMergerTransaction`	-	USD	Annual
Cash advanced to related parties	`CashAdvancedToRelatedParties`	-	USD	Annual
Cash advanced to related parties	`CashAdvancedToRelatedParties`	$-13.45K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.00K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from the sale of common stock	`ProceedsFromTheSaleOfCommonStock`	$11.27K	USD	Annual
Proceeds from the sale of common stock	`ProceedsFromTheSaleOfCommonStock`	-	USD	Annual
Stock options exercised	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Stock options exercised	`ProceedsFromStockOptionsExercised`	$24.00	USD	Annual
Proceeds from issuance of notes payable	`ProceedsFromIssuanceOfNotesPayable`	$50.00K	USD	Annual
Proceeds from issuance of notes payable	`ProceedsFromIssuanceOfNotesPayable`	$10.00K	USD	Annual
Proceeds from issuance of notes payable - related parties	`ProceedsFromIssuanceOfNotesPayableRelatedParties`	-	USD	Annual
Proceeds from issuance of notes payable - related parties	`ProceedsFromIssuanceOfNotesPayableRelatedParties`	$65.00K	USD	Annual
Payments on notes payable - related parties	`PaymentsOnNotesPayableRelatedParties`	-	USD	Annual
Payments on notes payable - related parties	`PaymentsOnNotesPayableRelatedParties`	$-8.56K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$41.44K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$86.29K	USD	Annual
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-22.83K	USD	Annual
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-2.64K	USD	Annual
Cash at beginning of year	`CashAtBeginningOfYear`	$2.90K	USD	Point-in-time
Cash at beginning of year	`CashAtBeginningOfYear`	$25.74K	USD	Point-in-time
Cash at end of year	`CashAtEndOfYear`	$2.90K	USD	Annual
Cash at end of year	`CashAtEndOfYear`	$269.00	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	$14.84K	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Notes payable	`ProceedsFromNotesPayable`	$-10.02K	USD	Annual
Accrued interest	`AccruedInterest1`	$-419.00	USD	Annual
Accrued interest	`AccruedInterest1`	-	USD	Annual
Common stock	`CommonStock`	$10.00	USD	Annual
Common stock	`CommonStock`	-	USD	Annual
Additional paid in capital	`AdditionalPaidInCapital1`	$10.43K	USD	Annual
Additional paid in capital	`AdditionalPaidInCapital1`	-	USD	Annual
Net liabilities acquired	`NetLiabilitiesAcquired`	-	USD	Annual
Net liabilities acquired	`NetLiabilitiesAcquired`	$48.63K	USD	Annual
Common stock	`CommonStock1`	$180.00	USD	Annual
Common stock	`CommonStock1`	-	USD	Annual
Additional paid in capital	`AdditionalPaidInCapital2`	$-48.81K	USD	Annual
Additional paid in capital	`AdditionalPaidInCapital2`	-	USD	Annual

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