10-Q Filing

LUSTROS INC. CIK: 922011 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001108078-11-000179`
Period End Date	20110630
Filing Date	20110810
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	pwsv-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 56 Cash Flow Statement 50

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.04K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$321.64K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.53K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$391.04K	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.51M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.53M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$69.47K	USD	Point-in-time
Inventory	`InventoryNet`	$91.07K	USD	Point-in-time
Federal income taxes recoverable	`IncomeTaxesReceivable`	$77.40K	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Federal income taxes recoverable	`IncomeTaxesReceivable`	$3.37K	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.66M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.71M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$39.60K	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$53.07K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	73.33M	shares	Point-in-time
Intangible assets, net of accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$8.20K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	31.31M	shares	Point-in-time
Intangible assets, net of accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$8.62K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	31.31M	shares	Point-in-time
Direct response advertising-net	`DirectResponseAdvertisingNet`	$63.71K	USD	Point-in-time
Direct response advertising-net	`DirectResponseAdvertisingNet`	$30.34K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	73.33M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.40K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.40K	USD	Point-in-time
Total assets	`Assets`	$1.74M	USD	Point-in-time
Total assets	`Assets`	$1.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$574.31K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$579.56K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$65.70K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$70.48K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$166.21K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$66.56K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$818.00	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$706.58K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$817.08K	USD	Point-in-time
Preferred stock, $.001 par value, 10,000,000 shares Authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value, 10,000,000 shares Authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares Authorized, 73,328,188 and 31,306,988 issued and outstanding	`CommonStockValue`	$72.33K	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares Authorized, 73,328,188 and 31,306,988 issued and outstanding	`CommonStockValue`	$31.31K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.54M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.93M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-549.48K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-963.61K	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.02M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.04M	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$1.74M	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$1.84M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`SalesRevenueGoodsNet`	$1.13M	USD	2 Qtrs
Revenue, net	`SalesRevenueGoodsNet`	$503.84K	USD	2 Qtrs
Revenue, net	`SalesRevenueGoodsNet`	$171.50K	USD	1 Quarter
Revenue, net	`SalesRevenueGoodsNet`	$551.68K	USD	1 Quarter
Merchandise	`Merchandise`	$78.84K	USD	1 Quarter
Merchandise	`Merchandise`	$362.14K	USD	2 Qtrs
Merchandise	`Merchandise`	$255.45K	USD	2 Qtrs
Merchandise	`Merchandise`	$208.99K	USD	1 Quarter
Other costs	`OtherCosts`	$58.16K	USD	2 Qtrs
Other costs	`OtherCosts`	$30.54K	USD	1 Quarter
Other costs	`OtherCosts`	$11.03K	USD	1 Quarter
Other costs	`OtherCosts`	$25.01K	USD	2 Qtrs
Total cost of sales	`CostOfGoodsSold`	$230.53K	USD	1 Quarter
Total cost of sales	`CostOfGoodsSold`	$280.46K	USD	2 Qtrs
Total cost of sales	`CostOfGoodsSold`	$89.87K	USD	1 Quarter
Total cost of sales	`CostOfGoodsSold`	$420.30K	USD	2 Qtrs
Gross margin	`GrossProfit`	$81.63K	USD	1 Quarter
Gross margin	`GrossProfit`	$705.20K	USD	2 Qtrs
Gross margin	`GrossProfit`	$223.38K	USD	2 Qtrs
Gross margin	`GrossProfit`	$321.15K	USD	1 Quarter
Advertising and promotion	`MarketingAndAdvertisingExpense`	$115.07K	USD	2 Qtrs
Advertising and promotion	`MarketingAndAdvertisingExpense`	$112.43K	USD	1 Quarter
Advertising and promotion	`MarketingAndAdvertisingExpense`	$202.82K	USD	2 Qtrs
Advertising and promotion	`MarketingAndAdvertisingExpense`	$43.22K	USD	1 Quarter
Sales commissions	`SalesCommissionsAndFees`	$55.42K	USD	1 Quarter
Sales commissions	`SalesCommissionsAndFees`	$371.28K	USD	2 Qtrs
Sales commissions	`SalesCommissionsAndFees`	$113.56K	USD	2 Qtrs
Sales commissions	`SalesCommissionsAndFees`	$183.40K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$448.99K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$410.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$208.56K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$203.58K	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$638.63K	USD	2 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$302.21K	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$504.39K	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$1.02M	USD	2 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-183.24K	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-415.25K	USD	2 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-220.58K	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-317.89K	USD	2 Qtrs
Provision for (recovery of) income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for (recovery of) income taxes	`IncomeTaxExpenseBenefit`	$180.00	USD	1 Quarter
Provision for (recovery of) income taxes	`IncomeTaxExpenseBenefit`	$-5.59K	USD	2 Qtrs
Provision for (recovery of) income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-415.25K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-312.30K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-220.58K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-183.42K	USD	1 Quarter
Earnings per common share:	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Earnings per common share:	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Earnings per common share:	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Earnings per common share:	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Shares used in computing earnings per share	`SharesUsedInComputingEarningsPerShare`	61.25M	shares	2 Qtrs
Shares used in computing earnings per share	`SharesUsedInComputingEarningsPerShare`	30.65M	shares	2 Qtrs
Shares used in computing earnings per share	`SharesUsedInComputingEarningsPerShare`	46.94M	shares	1 Quarter
Shares used in computing earnings per share	`SharesUsedInComputingEarningsPerShare`	30.86M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-415.25K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-312.30K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-220.58K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-183.42K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.68K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.88K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.22K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.31K	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$21.59K	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$163.49K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$17.20K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$33.37K	USD	2 Qtrs
(Increase) in income taxes recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-55.76K	USD	2 Qtrs
(Increase) in income taxes recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	$74.04K	USD	2 Qtrs
Decrease in deferred tax credits	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	2 Qtrs
Decrease in deferred tax credits	`IncreaseDecreaseInDeferredIncomeTaxes`	$50.13K	USD	2 Qtrs
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$98.81K	USD	2 Qtrs
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$1.54K	USD	2 Qtrs
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-800.00	USD	2 Qtrs
Increase (decrease) in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-829.00	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-120.59K	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-188.70K	USD	2 Qtrs
Increase in equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Increase in equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Investments	`LeveragedLeaseIncomeLoss`	-	USD	2 Qtrs
Investments	`LeveragedLeaseIncomeLoss`	-	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Repayment of line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Repayment of line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-4.78K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$145.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$190.00K	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$190.00K	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$140.22K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$69.41K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$31.52K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$65.04K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$321.64K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.53K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$391.04K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$65.04K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$321.64K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.53K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$391.04K	USD	Point-in-time
Income Taxes paid	`IncomeTaxesPaid`	$34.00	USD	2 Qtrs
Income Taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Common stock issued to settle Accounts Payable	`CommonStockIssuedToSettleAccountsPayable`	$203.71K	USD	2 Qtrs
Common stock issued to settle Accounts Payable	`CommonStockIssuedToSettleAccountsPayable`	-	USD	2 Qtrs
Common Stock issued for services	`CommonStockissuedforservices`	-	USD	2 Qtrs
Common Stock issued for services	`CommonStockissuedforservices`	$80.00K	USD	2 Qtrs

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