10-Q Filing

STRATEX OIL & GAS HOLDINGS, INC. CIK: 1482361 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001127855-11-000396`
Period End Date	20110630
Filing Date	20110812
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	none-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 19 Cash Flow Statement 34

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents	`CashEquivalentsAtCarryingValue`	$6.05K	USD	Point-in-time
Cash and Cash Equivalents	`CashEquivalentsAtCarryingValue`	$195.00	USD	Point-in-time
Accounts Receivable	`AccountsReceivableNet`	$10.44K	USD	Point-in-time
Accounts Receivable	`AccountsReceivableNet`	$13.73K	USD	Point-in-time
Inventory	`InventoryNet`	$8.31K	USD	Point-in-time
Inventory	`InventoryNet`	$8.40K	USD	Point-in-time
Prepaid Rent	`PrepaidRent`	$1.86K	USD	Point-in-time
Prepaid Rent	`PrepaidRent`	$1.86K	USD	Point-in-time
Prepaid Sales Tax	`PrepaidTaxes`	$-563.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$20.89K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$29.38K	USD	Point-in-time
Property and Equipment	`PropertyPlantAndEquipmentGross`	$111.88K	USD	Point-in-time
Property and Equipment	`PropertyPlantAndEquipmentGross`	$111.88K	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-93.22K	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-92.62K	USD	Point-in-time
Total Property and Equipment	`PropertyPlantAndEquipmentNet`	$18.66K	USD	Point-in-time
Total Property and Equipment	`PropertyPlantAndEquipmentNet`	$19.26K	USD	Point-in-time
Total Assets	`Assets`	$48.04K	USD	Point-in-time
Total Assets	`Assets`	$40.14K	USD	Point-in-time
Accounts Payable	`AccountsPayable`	$10.48K	USD	Point-in-time
Accounts Payable	`AccountsPayable`	$9.36K	USD	Point-in-time
Sales Tax Payable	`SalesAndExciseTaxPayable`	$1.83K	USD	Point-in-time
Current portion, long term debt	`LongTermDebtCurrent`	$2.21K	USD	Point-in-time
Current portion, long term debt	`LongTermDebtCurrent`	$5.35K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.71K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.53K	USD	Point-in-time
Obligations under capital lease	`CapitalLeaseObligationsCurrent`	$13.75K	USD	Point-in-time
Obligations under capital lease	`CapitalLeaseObligationsCurrent`	$14.21K	USD	Point-in-time
Stockholder's Loan	`NotesAndLoansPayable`	$79.69K	USD	Point-in-time
Stockholder's Loan	`NotesAndLoansPayable`	$72.19K	USD	Point-in-time
Due to affiliated company	`DueToAffiliate`	$78.81K	USD	Point-in-time
Due to affiliated company	`DueToAffiliate`	$53.86K	USD	Point-in-time
Total other liabilities	`OtherLiabilities`	$158.50K	USD	Point-in-time
Total other liabilities	`OtherLiabilities`	$126.04K	USD	Point-in-time
Total Liabilities	`Liabilities`	$154.50K	USD	Point-in-time
Total Liabilities	`Liabilities`	$187.23K	USD	Point-in-time
Common Stock	`CommonStockValue`	$1.46K	USD	Point-in-time
Common Stock	`CommonStockValue`	$1.46K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapital`	$192.84K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapital`	$192.84K	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-48.14K	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-72.97K	USD	Point-in-time
Deficit accumulated in the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-260.52K	USD	Point-in-time
Deficit accumulated in the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-260.52K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-114.36K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-139.19K	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$48.04K	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$40.14K	USD	Point-in-time

Income Statement 19 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$105.02K	USD	2 Qtrs
Sales	`SalesRevenueNet`	$144.78K	USD	2 Qtrs
Cost of Sales	`CostOfMerchandiseSalesBuyingAndOccupancyCosts`	$76.56K	USD	2 Qtrs
Cost of Sales	`CostOfMerchandiseSalesBuyingAndOccupancyCosts`	$121.08K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$23.71K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$28.46K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$6.05K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$18.66K	USD	2 Qtrs
Occupancy Costs	`OccupancyCosts`	$16.16K	USD	2 Qtrs
Occupancy Costs	`OccupancyCosts`	$15.94K	USD	2 Qtrs
Other General and Administrartive Expenses	`OtherGeneralAndAdministrativeExpense`	$15.94K	USD	2 Qtrs
Other General and Administrartive Expenses	`OtherGeneralAndAdministrativeExpense`	$13.73K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$33.84K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$48.54K	USD	2 Qtrs
Net Income before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-5.38K	USD	2 Qtrs
Net Income before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-24.84K	USD	2 Qtrs
Taxes	`IncomeTaxesPaid`	$800.00	USD	2 Qtrs
Net Income from operations	`NetIncomeLoss`	$-5.38K	USD	2 Qtrs
Net Income from operations	`NetIncomeLoss`	$-24.84K	USD	2 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Income from operations	`NetIncomeLoss`	$-5.38K	USD	2 Qtrs
Net Income from operations	`NetIncomeLoss`	$-24.84K	USD	2 Qtrs
Depreciation	`Depreciation`	$600.00	USD	2 Qtrs
Accounts Receivable (operating activites)	`IncreaseDecreaseInAccountsReceivable`	$-4.92K	USD	2 Qtrs
Accounts Receivable (operating activites)	`IncreaseDecreaseInAccountsReceivable`	$-3.29K	USD	2 Qtrs
Prepaid Sales Tax (operating activites)	`IncreaseDecreaseInPrepaidTaxes`	$563.00	USD	2 Qtrs
Accounts Payable (operating activites)	`IncreaseDecreaseInAccountsPayable`	$4.54K	USD	2 Qtrs
Accounts Payable (operating activites)	`IncreaseDecreaseInAccountsPayable`	$1.12K	USD	2 Qtrs
Sales Tax Payable (operating activites)	`IncreaseDecreaseInAccruedTaxesPayable`	$1.83K	USD	2 Qtrs
Inventory (operating activites)	`IncreaseDecreaseInInventories`	$441.00	USD	2 Qtrs
Inventory (operating activites)	`IncreaseDecreaseInInventories`	$90.00	USD	2 Qtrs
Current Portion, Long Term Debt (operating activites)	`DebtInstrumentIncreaseDecreaseForPeriodNet`	$-3.14K	USD	2 Qtrs
Net cash provided by (used by) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.06K	USD	2 Qtrs
Net cash provided by (used by) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.32K	USD	2 Qtrs
Capitalized leases	`ProceedsFromLeasesHeldForInvestment`	$461.00	USD	2 Qtrs
Net cash (used by) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$461.00	USD	2 Qtrs
Proceeds of stockholders' loan	`ProceedsFromLoans`	$4.12K	USD	2 Qtrs
Proceeds of stockholders' loan	`ProceedsFromLoans`	$7.50K	USD	2 Qtrs
Proceeds of loan from affiliated company	`ProceedsFromNotesPayable`	$8.11K	USD	2 Qtrs
Proceeds of loan from affiliated company	`ProceedsFromNotesPayable`	$24.95K	USD	2 Qtrs
Net cash provided by (used by)financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.24K	USD	2 Qtrs
Net cash provided by (used by)financing activities	`NetCashProvidedByUsedInFinancingActivities`	$32.45K	USD	2 Qtrs
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$6.92K	USD	2 Qtrs
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$5.85K	USD	2 Qtrs
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.05K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.71K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$195.00	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$785.00	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.05K	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.71K	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$195.00	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$785.00	USD	Point-in-time
Interest paid	`InterestPaid`	$765.00	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	$800.00	USD	2 Qtrs

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