10-Q Filing

DBUB GROUP, INC CIK: 1076784 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001144204-13-062883`
Period End Date	20130930
Filing Date	20131119
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	yosn-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 86 Cash Flow Statement 60

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.41M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.21M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.78M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$66.80K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.78M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.78M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$863.80K	USD	Point-in-time
Inventories	`InventoryNet`	$1.70M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.78M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.78M	shares	Point-in-time
Inventories	`InventoryNet`	$1.97M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$747.17K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$2.58M	USD	Point-in-time
Advance to related party	`DueFromRelatedParties`	$501.81K	USD	Point-in-time
Advance to related party	`DueFromRelatedParties`	$38.06K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$79.23K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$198.12K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.87M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$33.16K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.42K	USD	Point-in-time
Total assets	`Assets`	$5.92M	USD	Point-in-time
Total assets	`Assets`	$4.77M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.61M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.55M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.39M	USD	Point-in-time
Notes payable	`NotesPayable`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$843.59K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$777.39K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$298.47K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$698.92K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$944.59K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$798.43K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.82M	USD	Point-in-time
Long-term loans	`LongTermDebt`	-	USD	Point-in-time
Long-term loans	`LongTermDebt`	$488.89K	USD	Point-in-time
Total liabilities	`Liabilities`	$6.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.82M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 20,782,356 and 18,782,356 issued and outstanding as of September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$18.78K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 20,782,356 and 18,782,356 issued and outstanding as of September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$20.78K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$24.85M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$24.04M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$11.54M	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$11.54M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.90M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.92M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-43.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-44.93M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-48.88K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-652.45K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$4.77M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$5.92M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$2.55M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$5.57M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$9.30M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$15.94M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$15.17M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.42M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$8.86M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$5.38M	USD	1 Quarter
Gross profit	`GrossProfit`	$767.46K	USD	3 Qtrs
Gross profit	`GrossProfit`	$125.88K	USD	1 Quarter
Gross profit	`GrossProfit`	$444.70K	USD	3 Qtrs
Gross profit	`GrossProfit`	$188.92K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.62M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$461.61K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.74M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.84M	USD	1 Quarter
Loss from continuing operations	`OperatingIncomeLoss`	$-335.73K	USD	1 Quarter
Loss from continuing operations	`OperatingIncomeLoss`	$-2.66M	USD	1 Quarter
Loss from continuing operations	`OperatingIncomeLoss`	$-5.86M	USD	3 Qtrs
Loss from continuing operations	`OperatingIncomeLoss`	$-1.30M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.02K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.21K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.32K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$136.00	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$19.75K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$601.00	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$84.36K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$602.00	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$27.35K	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$246.62K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$868.76K	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$17.46K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$-865.84K	USD	3 Qtrs
Total other (income) expense	`NonoperatingIncomeExpense`	$2.42K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$-245.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$62.22K	USD	3 Qtrs
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-333.31K	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.72M	USD	3 Qtrs
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.90M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.23M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-6.72M	USD	3 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-2.90M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-333.31K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-1.23M	USD	3 Qtrs
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-1.30M	USD	1 Quarter
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-200.72K	USD	3 Qtrs
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-5.61M	USD	3 Qtrs
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-47.28K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-52.84M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.44M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-15.87M	USD	Annual
Net loss	`NetIncomeLoss`	$-4.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.34M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-380.60K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$21.68K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-12.75K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.53K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$85.82K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.41M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-382.13K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.21M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-12.25M	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.17	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.49	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.06	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.02	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.08	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.41	USD	3 Qtrs
Net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	3 Qtrs
Net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.90	USD	3 Qtrs
Net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.25	USD	1 Quarter
Net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.61M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.79M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.03M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfOutstandingSharesBasicAndDiluted`	13.79M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfOutstandingSharesBasicAndDiluted`	19.28M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfOutstandingSharesBasicAndDiluted`	16.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfOutstandingSharesBasicAndDiluted`	20.26M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-52.84M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.44M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-15.87M	USD	Annual
Net loss	`NetIncomeLoss`	$-4.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.34M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-380.60K	USD	1 Quarter
Depreciation	`Depreciation`	$20.42K	USD	3 Qtrs
Depreciation	`Depreciation`	$5.21K	USD	3 Qtrs
Gain on disposal	`GainLossOnDispositionOfAssets`	$33.18K	USD	3 Qtrs
Gain on disposal	`GainLossOnDispositionOfAssets`	-	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$310.00K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.22M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-807.88K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.92M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-317.64K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-796.49K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-122.56K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-824.00	USD	3 Qtrs
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-1.64M	USD	3 Qtrs
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$1.79M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$46.73K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$-1.53M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$43.38K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-3.23M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$94.52K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-660.31K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.48M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.19M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.66K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$55.51K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$51.85K	USD	3 Qtrs
Proceeds from short-term loans	`ProceedsFromShortTermDebt`	-	USD	3 Qtrs
Proceeds from short-term loans	`ProceedsFromShortTermDebt`	$2.54M	USD	3 Qtrs
Proceeds from long-term loans	`ProceedsFromIssuanceOfLongTermDebt`	$482.84K	USD	3 Qtrs
Proceeds from long-term loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.37M	USD	3 Qtrs
Repayment of advance to related party	`RepaymentOfAdvancesFromRelatedParties`	-	USD	3 Qtrs
Repayment of advance to related party	`RepaymentOfAdvancesFromRelatedParties`	$470.06K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.32M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.54M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$34.64K	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$113.16K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.57M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$955.88K	USD	3 Qtrs
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.41M	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.21M	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.78M	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.41M	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.21M	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.78M	USD	Point-in-time
Interest paid	`InterestPaid`	$28.82K	USD	3 Qtrs
Interest paid	`InterestPaid`	$1.07M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$728.79K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs

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