10-Q Filing

DBUB GROUP, INC CIK: 1076784 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001144204-14-050131`
Period End Date	20140630
Filing Date	20140814
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	yosn-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 82 Cash Flow Statement 52

Balance Sheet 67 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, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.69M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.74M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.54M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$81.24K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	150,000.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.54M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$664.58K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$214.26K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.69M	shares	Point-in-time
Inventories, net	`InventoryNet`	$2.04M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.49M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$459.33K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$756.78K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$40.33K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$71.47K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.98M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$38.36K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$41.58K	USD	Point-in-time
Total assets	`Assets`	$3.97M	USD	Point-in-time
Total assets	`Assets`	$5.02M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.44M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.62M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.39M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$296.32K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$217.67K	USD	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$197.89K	USD	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$619.29K	USD	Point-in-time
Advances from related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Advances from related party	`DueToRelatedPartiesCurrent`	$81.00K	USD	Point-in-time
Advance from stock subscription	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Advance from stock subscription	`CommonStockSharesSubscriptions`	$368.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$870.23K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$839.76K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.05M	USD	Point-in-time
Long-term loan	`LongTermDebt`	$490.97K	USD	Point-in-time
Long-term loan	`LongTermDebt`	$487.39K	USD	Point-in-time
Total liabilities	`Liabilities`	$5.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.54M	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, 25,692,356 and 23,542,527 issued and outstanding as of June 30, 2014 and December 31, 2013	`CommonStockValue`	$320.00K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 25,692,356 and 23,542,527 issued and outstanding as of June 30, 2014 and December 31, 2013	`CommonStockValue`	$25.69K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 25,692,356 and 23,542,527 issued and outstanding as of June 30, 2014 and December 31, 2013	`CommonStockValue`	$23.54K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$26.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$25.92M	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`	$7.91M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.09M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.12M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.52M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$5.02M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.97M	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$2.83M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$3.05M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$7.32M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$6.00M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.66M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.76M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$5.69M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$6.70M	USD	2 Qtrs
Gross profit	`GrossProfit`	$311.11K	USD	2 Qtrs
Gross profit	`GrossProfit`	$171.64K	USD	1 Quarter
Gross profit	`GrossProfit`	$291.06K	USD	1 Quarter
Gross profit	`GrossProfit`	$620.32K	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$546.65K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$576.36K	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$288.15K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.23M	USD	2 Qtrs
Income (loss) from continuing operations	`OperatingIncomeLoss`	$-375.00K	USD	1 Quarter
Income (loss) from continuing operations	`OperatingIncomeLoss`	$43.96K	USD	2 Qtrs
Income (loss) from continuing operations	`OperatingIncomeLoss`	$2.92K	USD	1 Quarter
Income (loss) from continuing operations	`OperatingIncomeLoss`	$-916.43K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$121.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$55.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.01K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$129.00	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$23.05K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$36.22K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$214.44K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$113.17K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$5.39K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$26.13K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$40.98K	USD	2 Qtrs
Other expense	`OtherNonoperatingExpense`	$9.84K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$31.39K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$173.59K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$87.10K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$17.79K	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-357.22K	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-885.05K	USD	2 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$90.01K	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$217.55K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.19K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$38.95K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-357.22K	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$178.60K	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-885.05K	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$64.83K	USD	1 Quarter
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-168.65K	USD	2 Qtrs
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-146.97K	USD	2 Qtrs
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-57.00K	USD	1 Quarter
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-57.36K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.05M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-414.22K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$15.87M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$7.47K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.63M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$31.63K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-408.00	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$23.21K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$11.73K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.54K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-414.63K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$9.01K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.03M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$43.35K	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.01	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.05	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.02	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net loss per share (in dollars per share)	`EarningsPerShareBasic`	-	USD	2 Qtrs
Net loss per share (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Net loss per share (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.78M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.60M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.78M	shares	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.57M	shares	2 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-1.05M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-414.22K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$15.87M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$7.47K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.63M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$31.63K	USD	2 Qtrs
Depreciation	`Depreciation`	$5.19K	USD	2 Qtrs
Depreciation	`Depreciation`	$15.09K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$186.45K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$206.67K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$452.02K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-476.79K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$566.61K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-172.10K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$31.58K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-161.74K	USD	2 Qtrs
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-292.86K	USD	2 Qtrs
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$1.59M	USD	2 Qtrs
Advance to related party	`ProceedsFromRelatedPartyDebt`	$501.81K	USD	2 Qtrs
Advance to related party	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$79.96K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$-264.99K	USD	2 Qtrs
Accrued expenses and other payable	`IncreaseDecreaseInAccruedLiabilities`	$227.03K	USD	2 Qtrs
Accrued expenses and other payable	`IncreaseDecreaseInAccruedLiabilities`	$411.29K	USD	2 Qtrs
Advance from related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$81.20K	USD	2 Qtrs
Advance from related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$733.29K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$36.58K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.98K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$84.85K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-413.49K	USD	2 Qtrs
Advance from stock subscription	`ProceedsFromIssuanceOfCommonStock`	$368.00K	USD	2 Qtrs
Advance from stock subscription	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Repayment of short term loans	`RepaymentsOfShortTermDebt`	$162.87K	USD	2 Qtrs
Repayment of short term loans	`RepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$205.13K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$38.23K	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$26.51K	USD	2 Qtrs
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$316.49K	USD	2 Qtrs
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-375.25K	USD	2 Qtrs
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.74M	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$81.24K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.74M	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$81.24K	USD	Point-in-time
Interest paid	`InterestPaid`	$135.06K	USD	2 Qtrs
Interest paid	`InterestPaid`	$88.94K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$56.49K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs

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