10-Q Filing

LUSTROS INC. CIK: 922011 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001108078-11-000306`
Period End Date	20110930
Filing Date	20111114
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	pwsv-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 64 Cash Flow Statement 50

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$263.27K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$372.07K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.53K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$321.64K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	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
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$324.76K	USD	Point-in-time
Inventory	`InventoryNet`	$91.07K	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$65.56K	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Federal income taxes recoverable	`IncomeTaxesReceivable`	$77.40K	USD	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
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.88K	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
Total current assets	`AssetsCurrent`	$777.64K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.71M	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$36.93K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	31.31M	shares	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	76.83M	shares	Point-in-time
Equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$53.07K	USD	Point-in-time
Intangible assets, net of accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$7.99K	USD	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
Common stock, outstanding	`CommonStockSharesOutstanding`	76.83M	shares	Point-in-time
Direct response advertising-net	`DirectResponseAdvertisingNet`	$63.71K	USD	Point-in-time
Direct response advertising-net	`DirectResponseAdvertisingNet`	$20.26K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.40K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.40K	USD	Point-in-time
Total assets	`Assets`	$844.22K	USD	Point-in-time
Total assets	`Assets`	$1.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$183.25K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$579.56K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$70.48K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$36.96K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$12.56K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$166.21K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$828.00	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$232.78K	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, 76,828,188 and 31,306,988 issued and outstanding	`CommonStockValue`	$31.31K	USD	Point-in-time
Common stock, $.001 par value,100,000,000 shares Authorized, 76,828,188 and 31,306,988 issued and outstanding	`CommonStockValue`	$76.83K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.94M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.54M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.40M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-549.48K	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.02M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$611.45K	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$1.84M	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$844.22K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueGoodsNet`	$1.72M	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$2.85M	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$690.16K	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$186.32K	USD	1 Quarter
Merchandise	`Merchandise`	$1.62M	USD	3 Qtrs
Merchandise	`Merchandise`	$348.82K	USD	3 Qtrs
Merchandise	`Merchandise`	$93.37K	USD	1 Quarter
Merchandise	`Merchandise`	$1.26M	USD	1 Quarter
Other costs	`OtherCosts`	$27.64K	USD	1 Quarter
Other costs	`OtherCosts`	$36.43K	USD	3 Qtrs
Other costs	`OtherCosts`	$11.41K	USD	1 Quarter
Other costs	`OtherCosts`	$85.81K	USD	3 Qtrs
Total cost of sales	`CostOfGoodsSold`	$1.71M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsSold`	$104.78K	USD	1 Quarter
Total cost of sales	`CostOfGoodsSold`	$1.29M	USD	1 Quarter
Total cost of sales	`CostOfGoodsSold`	$385.25K	USD	3 Qtrs
Gross margin	`GrossProfit`	$81.53K	USD	1 Quarter
Gross margin	`GrossProfit`	$304.91K	USD	3 Qtrs
Gross margin	`GrossProfit`	$1.14M	USD	3 Qtrs
Gross margin	`GrossProfit`	$434.69K	USD	1 Quarter
Advertising and promotion	`MarketingAndAdvertisingExpense`	$48.40K	USD	1 Quarter
Advertising and promotion	`MarketingAndAdvertisingExpense`	$163.47K	USD	3 Qtrs
Advertising and promotion	`MarketingAndAdvertisingExpense`	$298.45K	USD	3 Qtrs
Advertising and promotion	`MarketingAndAdvertisingExpense`	$95.63K	USD	1 Quarter
Sales commissions	`SalesCommissionsAndFees`	$133.11K	USD	1 Quarter
Sales commissions	`SalesCommissionsAndFees`	$517.03K	USD	3 Qtrs
Sales commissions	`SalesCommissionsAndFees`	$246.67K	USD	3 Qtrs
Sales commissions	`SalesCommissionsAndFees`	$145.75K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$748.06K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$348.91K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$338.06K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$797.90K	USD	3 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$590.28K	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$1.61M	USD	3 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$519.56K	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$1.16M	USD	3 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-155.60K	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-438.03K	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-473.49K	USD	3 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-853.28K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.54K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.54K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	3 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-470.96K	USD	3 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-853.28K	USD	3 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-438.03K	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-153.06K	USD	1 Quarter
Provision for (recovery of) income taxes	`IncomeTaxExpenseBenefit`	$-5.59K	USD	3 Qtrs
Provision for (recovery of) income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for (recovery of) income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for (recovery of) income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-153.06K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-438.03K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-853.28K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-465.36K	USD	3 Qtrs
Earnings per common share:	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	3 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`	$-0.02	USD	3 Qtrs
Shares used in computing earnings per share	`SharesUsedInComputingEarningsPerShare`	65.75M	shares	1 Quarter
Shares used in computing earnings per share	`SharesUsedInComputingEarningsPerShare`	30.72M	shares	3 Qtrs
Shares used in computing earnings per share	`SharesUsedInComputingEarningsPerShare`	57.01M	shares	3 Qtrs
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`	$-153.06K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-438.03K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-853.28K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-465.36K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.76K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.53K	USD	3 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-148.40K	USD	3 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.19M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.01M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$331.72K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$25.50K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$61.25K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$31.57K	USD	3 Qtrs
Income taxes recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	$74.04K	USD	3 Qtrs
Income taxes recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	$153.68K	USD	3 Qtrs
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$50.13K	USD	3 Qtrs
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	3 Qtrs
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$-252.75K	USD	3 Qtrs
Increase in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayable`	$783.48K	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-800.00	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-829.00	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-244.22K	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$227.06K	USD	3 Qtrs
Increase in equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Increase in equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-2.75K	USD	3 Qtrs
Increase in security deposits	`IncreaseDecreaseInDepositOtherAssets`	-	USD	3 Qtrs
Increase in security deposits	`IncreaseDecreaseInDepositOtherAssets`	$-1.40K	USD	3 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.15K	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$190.00K	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$145.00K	USD	3 Qtrs
Reduction in line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-33.52K	USD	3 Qtrs
Reduction in line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$190.00K	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$111.48K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-58.37K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$338.54K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$263.27K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$372.07K	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`	$321.64K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$263.27K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$372.07K	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`	$321.64K	USD	Point-in-time
Income Taxes paid	`IncomeTaxesPaid`	$217.21K	USD	3 Qtrs
Income Taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Common Stock issued for services	`CommonStockissuedforservices`	$80.00K	USD	3 Qtrs
Common Stock issued for services	`CommonStockissuedforservices`	-	USD	3 Qtrs

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