10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001137171-12-000260 |
| Period End Date | 20120331 |
| Filing Date | 20120614 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | gpdb-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Discount on Convertible notes payable |
DebtInstrumentUnamortizedDiscount
|
$222.22K | USD | Point-in-time |
| Discount on Convertible notes payable |
DebtInstrumentUnamortizedDiscount
|
- | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$510.00 | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$494.81K | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$28.72K | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$391.44K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$401.90K | USD | Point-in-time |
| Common Stock Par Value |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Common Stock Par Value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Inventory |
InventoryNet
|
$521.61K | USD | Point-in-time |
| Security deposits |
DepositsAssetsCurrent
|
$10.99K | USD | Point-in-time |
| Common Stock Shares Authorized |
CommonStockSharesAuthorized
|
0.00 | shares | Point-in-time |
| Security deposits |
DepositsAssetsCurrent
|
$10.99K | USD | Point-in-time |
| Common Stock Shares Authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$924.04K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$907.70K | USD | Point-in-time |
| Common Stock Shares Issued |
CommonStockSharesIssued
|
0.00 | shares | Point-in-time |
| Common Stock Shares Issued |
CommonStockSharesIssued
|
10.53M | shares | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$346.68K | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$263.57K | USD | Point-in-time |
| Common Stock Shares Outstanding |
CommonStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Common Stock Shares Outstanding |
CommonStockSharesOutstanding
|
10.53M | shares | Point-in-time |
| Deferred costs, net |
DeferredCosts
|
$602.73K | USD | Point-in-time |
| Deferred costs, net |
DeferredCosts
|
$493.02K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.77M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.76M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$735.83K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$301.83K | USD | Point-in-time |
| Convertible notes payable, net of discount of $222,221 at December 31, 2011 |
ConvertibleNotesPayableCurrent
|
$177.78K | USD | Point-in-time |
| Convertible notes payable, net of discount of $222,221 at December 31, 2011 |
ConvertibleNotesPayableCurrent
|
- | USD | Point-in-time |
| Loan payable - other |
LoansPayableCurrent
|
$50.00K | USD | Point-in-time |
| Loan payable - other |
LoansPayableCurrent
|
$50.00K | USD | Point-in-time |
| Reward point liability |
RewardPointLiability
|
$493.02K | USD | Point-in-time |
| Reward point liability |
RewardPointLiability
|
$602.73K | USD | Point-in-time |
| Deferred revenue - founding trust members |
DeferredRevenueAndCreditsCurrent
|
$1.47M | USD | Point-in-time |
| Deferred revenue - founding trust members |
DeferredRevenueAndCreditsCurrent
|
$1.63M | USD | Point-in-time |
| Deferred revenue - annual and club membership |
DeferredRevenueAnnualAndClubMembership
|
$38.40K | USD | Point-in-time |
| Deferred revenue - annual and club membership |
DeferredRevenueAnnualAndClubMembership
|
$28.55K | USD | Point-in-time |
| Current portion of obligation under capital lease |
CapitalLeaseObligationsCurrent
|
$3.75K | USD | Point-in-time |
| Current portion of obligation under capital lease |
CapitalLeaseObligationsCurrent
|
$3.79K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.90M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.68M | USD | Point-in-time |
| Obligation under capital lease, net of current portion |
CapitalLeaseObligationsNoncurrent
|
$15.94K | USD | Point-in-time |
| Obligation under capital lease, net of current portion |
CapitalLeaseObligationsNoncurrent
|
$16.91K | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$2.92M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$2.70M | USD | Point-in-time |
| Common stock, par value $.001 per share; Authorized 100,000,000 shares; Issued and outstanding,10,563,294 shares at March 31, 2012 |
CommonStockValue
|
- | USD | Point-in-time |
| Common stock, par value $.001 per share; Authorized 100,000,000 shares; Issued and outstanding,10,563,294 shares at March 31, 2012 |
CommonStockValue
|
$10.53K | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$4.99M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
- | USD | Point-in-time |
| Members equity |
MembersEquity
|
- | USD | Point-in-time |
| Members equity |
MembersEquity
|
$3.87M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-6.14M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-4.80M | USD | Point-in-time |
| Total stockholders' equity (deficit) |
StockholdersEquity
|
$-935.00K | USD | Point-in-time |
| Total stockholders' equity (deficit) |
StockholdersEquity
|
$-1.14M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) |
LiabilitiesAndStockholdersEquity
|
$1.77M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) |
LiabilitiesAndStockholdersEquity
|
$1.76M | USD | Point-in-time |
Income Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Merchandise sales, net of discounts |
SalesRevenueGoodsNet
|
- | USD | 1 Quarter |
| Merchandise sales, net of discounts |
SalesRevenueGoodsNet
|
$192.13K | USD | 1 Quarter |
| Membership revenue - annual and club |
MembershipDuesRevenueOnGoing
|
$11.91K | USD | 1 Quarter |
| Membership revenue - annual and club |
MembershipDuesRevenueOnGoing
|
- | USD | 1 Quarter |
| Membership revenue - founding trust memberships |
FacilityMembershipAndOperationsRevenue
|
$184.63K | USD | 1 Quarter |
| Membership revenue - founding trust memberships |
FacilityMembershipAndOperationsRevenue
|
- | USD | 1 Quarter |
| Other |
OtherSalesRevenueNet
|
$12.74K | USD | 1 Quarter |
| Other |
OtherSalesRevenueNet
|
- | USD | 1 Quarter |
| Total Sales |
Revenues
|
$401.42K | USD | 1 Quarter |
| Total Sales |
Revenues
|
- | USD | 1 Quarter |
| Beginning inventory |
InventoryFinishedGoods
|
$521.61K | USD | Point-in-time |
| Beginning inventory |
InventoryFinishedGoods
|
- | USD | Point-in-time |
| Beginning inventory |
InventoryFinishedGoods
|
$-409.90K | USD | Point-in-time |
| Beginning inventory |
InventoryFinishedGoods
|
- | USD | Point-in-time |
| Purchases |
CostOfGoodsSold
|
$202.41K | USD | 1 Quarter |
| Purchases |
CostOfGoodsSold
|
- | USD | 1 Quarter |
| Supplies |
SuppliesExpense
|
$60.61K | USD | 1 Quarter |
| Supplies |
SuppliesExpense
|
$635.00 | USD | 1 Quarter |
| Shipping and freight |
ShippingHandlingAndTransportationCosts
|
- | USD | 1 Quarter |
| Shipping and freight |
ShippingHandlingAndTransportationCosts
|
$75.11K | USD | 1 Quarter |
| Ending inventory |
InventoryFinishedGoods
|
$521.61K | USD | Point-in-time |
| Ending inventory |
InventoryFinishedGoods
|
- | USD | Point-in-time |
| Ending inventory |
InventoryFinishedGoods
|
$-409.90K | USD | Point-in-time |
| Ending inventory |
InventoryFinishedGoods
|
- | USD | Point-in-time |
| Total cost of sales |
CostOfRevenue
|
$635.00 | USD | 1 Quarter |
| Total cost of sales |
CostOfRevenue
|
$449.83K | USD | 1 Quarter |
| GROSS PROFIT (LOSS) |
GrossProfit
|
$-48.42K | USD | 1 Quarter |
| GROSS PROFIT (LOSS) |
GrossProfit
|
$-635.00 | USD | 1 Quarter |
| Wages and professional fees |
ProfessionalFees
|
$627.99K | USD | 1 Quarter |
| Wages and professional fees |
ProfessionalFees
|
$247.11K | USD | 1 Quarter |
| Development costs |
DevelopmentCosts
|
$85.59K | USD | 1 Quarter |
| Development costs |
DevelopmentCosts
|
- | USD | 1 Quarter |
| Advertising, promotion and marketing costs |
MarketingAndAdvertisingExpense
|
$7.83K | USD | 1 Quarter |
| Advertising, promotion and marketing costs |
MarketingAndAdvertisingExpense
|
$17.99K | USD | 1 Quarter |
| Warehouse expenses and supplies |
SuppliesAndPostageExpense
|
- | USD | 1 Quarter |
| Warehouse expenses and supplies |
SuppliesAndPostageExpense
|
$61.94K | USD | 1 Quarter |
| Rent expenses |
LeaseAndRentalExpense
|
$12.27K | USD | 1 Quarter |
| Rent expenses |
LeaseAndRentalExpense
|
$32.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$20.49K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$13.62K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.83K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$242.37K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$403.14K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$972.88K | USD | 1 Quarter |
| Loss on disposition of fixed assets |
GainLossOnDispositionOfAssets
|
$-80.02K | USD | 1 Quarter |
| Loss on disposition of fixed assets |
GainLossOnDispositionOfAssets
|
- | USD | 1 Quarter |
| Interest income (expense) |
InterestIncomeExpenseNet
|
$-58.37K | USD | 1 Quarter |
| Interest income (expense) |
InterestIncomeExpenseNet
|
$-9.54K | USD | 1 Quarter |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
$230.62K | USD | 1 Quarter |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
- | USD | 1 Quarter |
| Total non-operating income (expense) |
NonoperatingIncomeExpense
|
$-320.18K | USD | 1 Quarter |
| Total non-operating income (expense) |
NonoperatingIncomeExpense
|
$-58.37K | USD | 1 Quarter |
| NET (LOSS) |
NetIncomeLoss
|
$-462.15K | USD | 1 Quarter |
| NET (LOSS) |
NetIncomeLoss
|
$-1.34M | USD | 1 Quarter |
| NET (LOSS) PER SHARE |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| NET (LOSS) PER SHARE |
EarningsPerShareBasic
|
$-0.30 | USD | 1 Quarter |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING |
WeightedAverageNumberOfSharesOutstandingBasic
|
0.00 | shares | 1 Quarter |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.44M | shares | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss) |
ProfitLoss
|
$-78.40K | USD | 1 Quarter |
| Net (loss) |
ProfitLoss
|
$-1.34M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$6.45K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$20.49K | USD | 1 Quarter |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
$230.62K | USD | 1 Quarter |
| Amortization of debt discount |
AmortizationOfDebtDiscountPremium
|
- | USD | 1 Quarter |
| Loss on sale of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$-80.02K | USD | 1 Quarter |
| Loss on sale of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
- | USD | 1 Quarter |
| Stock issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
- | USD | 1 Quarter |
| Stock issued for services |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$17.42K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$3.73K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
- | USD | 1 Quarter |
| Provision for obsolete inventory |
InventoryWriteDown
|
- | USD | 1 Quarter |
| Provision for obsolete inventory |
InventoryWriteDown
|
$8.00K | USD | 1 Quarter |
| (Increase) decrease in inventory |
IncreaseDecreaseInInventories
|
$-111.71K | USD | 1 Quarter |
| (Increase) decrease in inventory |
IncreaseDecreaseInInventories
|
$2.46K | USD | 1 Quarter |
| Increase in deferred revenue from membership fees |
IncreaseDecreaseInDeferredRevenue
|
- | USD | 1 Quarter |
| Increase in deferred revenue from membership fees |
IncreaseDecreaseInDeferredRevenue
|
$-152.37K | USD | 1 Quarter |
| Increase (decrease) in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$434.00K | USD | 1 Quarter |
| Increase (decrease) in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-227.38K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-223.39K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$753.62K | USD | 1 Quarter |
| Net cash (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-587.86K | USD | 1 Quarter |
| Net cash (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-301.79K | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$12.40K | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Net cash paid in reverse acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Net cash paid in reverse acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$282.45K | USD | 1 Quarter |
| Net cash (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-294.85K | USD | 1 Quarter |
| Net cash (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Common stock issued for cash |
ProceedsFromIssuanceOfCommonStock
|
$672.00K | USD | 1 Quarter |
| Common stock issued for cash |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Payments under capital lease |
RepaymentsOfLongTermCapitalLeaseObligations
|
$919.00 | USD | 1 Quarter |
| Payments under capital lease |
RepaymentsOfLongTermCapitalLeaseObligations
|
- | USD | 1 Quarter |
| Proceeds received from LLC Units |
ProceedsReceivedFromLlcUnits
|
- | USD | 1 Quarter |
| Proceeds received from LLC Units |
ProceedsReceivedFromLlcUnits
|
$330.00K | USD | 1 Quarter |
| Proceeds received from convertible notes |
ProceedsFromConvertibleDebt
|
- | USD | 1 Quarter |
| Proceeds received from convertible notes |
ProceedsFromConvertibleDebt
|
$315.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$330.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$986.08K | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$28.21K | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$103.37K | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$510.00 | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$494.81K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$28.72K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$391.44K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$510.00 | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$494.81K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$28.72K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$391.44K | USD | Point-in-time |
| Interest |
InterestPaid
|
- | USD | 1 Quarter |
| Interest |
InterestPaid
|
- | USD | 1 Quarter |
| Common shares issued in conversion of convertible notes |
DebtConversionConvertedInstrumentAmount1
|
$715.00K | USD | 1 Quarter |
| Common shares issued in conversion of convertible notes |
DebtConversionConvertedInstrumentAmount1
|
- | USD | 1 Quarter |
| Increase in deferred costs for reward point liability |
IncreaseInDeferredCostsForRewardPointLiability
|
- | USD | 1 Quarter |
| Increase in deferred costs for reward point liability |
IncreaseInDeferredCostsForRewardPointLiability
|
$109.71K | USD | 1 Quarter |
| Fixed assets acquired for founding trust memberships |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
- | USD | 1 Quarter |
| Fixed assets acquired for founding trust memberships |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
$5.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.