10-Q Filing

SRX HEALTH SOLUTIONS, INC. CIK: 1471727 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001185185-15-001861`
Period End Date	20150531
Filing Date	20150720
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	senz-20150531.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 61 Cash Flow Statement 43 Stockholders Equity 16

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$2.74K	USD	Point-in-time
Equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$4.38K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,000.00	shares	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
Total Assets	`Assets`	$2.74K	USD	Point-in-time
Total Assets	`Assets`	$4.38K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	580.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	580.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	580.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.24K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.58M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.73K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60,200.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.58M	shares	Point-in-time
Convertible debt - related party	`ConvertibleNotesPayableCurrent`	$32.59K	USD	Point-in-time
Convertible debt - related party	`ConvertibleNotesPayableCurrent`	$15.67K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	60,200.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.58M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.58M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.40K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.83K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 20,000,000 shares authorized, 1,000 shares issued and outstanding as of May 31, 2015 and August 31, 2014	`PreferredStockValue`	$1.00	USD	Point-in-time
Preferred stock, $0.001 par value, 20,000,000 shares authorized, 1,000 shares issued and outstanding as of May 31, 2015 and August 31, 2014	`PreferredStockValue`	$1.00	USD	Point-in-time
Common stock, $0.001 par value, 580,000,000 shares authorized, 37,581,903 and 37,581,903 shares issued and outstanding as of May 31, 2015 and August 31, 2014	`CommonStockValue`	$37.58K	USD	Point-in-time
Common stock, $0.001 par value, 580,000,000 shares authorized, 37,581,903 and 37,581,903 shares issued and outstanding as of May 31, 2015 and August 31, 2014	`CommonStockValue`	$37.58K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$329.52K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$311.18K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-419.20K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-381.78K	USD	Point-in-time
Total (deficiency in) stockholders' equity	`StockholdersEquity`	$-33.02K	USD	Point-in-time
Total (deficiency in) stockholders' equity	`StockholdersEquity`	$-52.09K	USD	Point-in-time
Total (deficiency in) stockholders' equity	`StockholdersEquity`	$-80.79K	USD	Point-in-time
Total liabilities and (deficiency in) stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.38K	USD	Point-in-time
Total liabilities and (deficiency in) stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.74K	USD	Point-in-time

Income Statement 61 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	-	USD	1 Quarter
Revenue	`SalesRevenueNet`	-	USD	3 Qtrs
Revenue	`SalesRevenueNet`	-	USD	1 Quarter
Revenue	`SalesRevenueNet`	-	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.28K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.45K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.68K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.07K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$3.20K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$3.20K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$12.45K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$11.97K	USD	3 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$1.64K	USD	3 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$548.00	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$3.14K	USD	3 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$1.05K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.82K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$19.07K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$5.92K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$20.86K	USD	3 Qtrs
Net Operating Loss	`OperatingIncomeLoss`	$-20.86K	USD	3 Qtrs
Net Operating Loss	`OperatingIncomeLoss`	$-5.92K	USD	1 Quarter
Net Operating Loss	`OperatingIncomeLoss`	$-19.07K	USD	3 Qtrs
Net Operating Loss	`OperatingIncomeLoss`	$-5.82K	USD	1 Quarter
Interest expense	`InterestExpense`	$6.09K	USD	1 Quarter
Interest expense	`InterestExpense`	$18.34K	USD	3 Qtrs
Interest expense	`InterestExpense`	$18.60K	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.31K	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-6.09K	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-5.31K	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-18.60K	USD	3 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-18.34K	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-11.24K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-37.41K	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-11.91K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-39.46K	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 income (loss)	`NetIncomeLoss`	$-51.24K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-37.41K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-11.91K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-39.46K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-11.24K	USD	1 Quarter
Net income (loss) per share - basic (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net income (loss) per share - basic (in Dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Net income (loss) per share - basic (in Dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Net income (loss) per share - basic (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net income (loss) per share - diluted (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net income (loss) per share - diluted (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net income (loss) per share - diluted (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Net income (loss) per share - diluted (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Weighted average shares outstanding - basic (post-reverse split) (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.36M	shares	3 Qtrs
Weighted average shares outstanding - basic (post-reverse split) (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.58M	shares	1 Quarter
Weighted average shares outstanding - basic (post-reverse split) (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.36M	shares	1 Quarter
Weighted average shares outstanding - basic (post-reverse split) (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.58M	shares	3 Qtrs
Weighted average shares outstanding - diluted (post-reverse split) (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.36M	shares	3 Qtrs
Weighted average shares outstanding - diluted (post-reverse split) (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.58M	shares	1 Quarter
Weighted average shares outstanding - diluted (post-reverse split) (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.36M	shares	1 Quarter
Weighted average shares outstanding - diluted (post-reverse split) (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.58M	shares	3 Qtrs

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-51.24K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-37.41K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-11.91K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-39.46K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-11.24K	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$1.64K	USD	3 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$548.00	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$3.14K	USD	3 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$1.05K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$17.72K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$16.92K	USD	3 Qtrs
Imputed interest	`ImputedInterestDebt`	$414.00	USD	1 Quarter
Imputed interest	`ImputedInterestDebt`	$617.00	USD	1 Quarter
Imputed interest	`ImputedInterestDebt`	$879.00	USD	3 Qtrs
Imputed interest	`ImputedInterestDebt`	$1.43K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$507.00	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$25.00	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.70K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-16.92K	USD	3 Qtrs
Proceeds from (repayments of) bank overdrafts	`ProceedsFromRepaymentsOfBankOverdrafts`	-	USD	3 Qtrs
Proceeds from (repayments of) bank overdrafts	`ProceedsFromRepaymentsOfBankOverdrafts`	$-22.00	USD	3 Qtrs
Proceeds from convertible debt - related party	`ProceedsFromConvertibleDebt`	$17.72K	USD	3 Qtrs
Proceeds from convertible debt - related party	`ProceedsFromConvertibleDebt`	$16.92K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.70K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$16.92K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Discount on beneficial conversion feature	`DebtInstrumentConvertibleBeneficialConversionFeature`	$17.72K	USD	3 Qtrs
Discount on beneficial conversion feature	`DebtInstrumentConvertibleBeneficialConversionFeature`	$16.92K	USD	3 Qtrs
Stock issued for conversion of debt	`ReclassificationOfNotesPayableToConvertibleDebt`	$62.60K	USD	3 Qtrs
Stock issued for conversion of debt	`ReclassificationOfNotesPayableToConvertibleDebt`	-	USD	3 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-33.02K	USD	Point-in-time
Balance	`StockholdersEquity`	$-52.09K	USD	Point-in-time
Balance	`StockholdersEquity`	$-80.79K	USD	Point-in-time
Stock issued for conversion of debt	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$75.04K	USD	Annual
Imputed interest on convertible debt	`AdjustmentsToAdditionalPaidInCapitalOther`	$1.32K	USD	Annual
Imputed interest on convertible debt	`AdjustmentsToAdditionalPaidInCapitalOther`	$1.43K	USD	3 Qtrs
Discount related to beneficial conversion feature on convertible debt	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	$16.92K	USD	3 Qtrs
Discount related to beneficial conversion feature on convertible debt	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	$22.64K	USD	Annual
Net loss	`NetIncomeLoss`	$-51.24K	USD	Annual
Net loss	`NetIncomeLoss`	$-37.41K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.91K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.46K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.24K	USD	1 Quarter
Balance	`StockholdersEquity`	$-33.02K	USD	Point-in-time
Balance	`StockholdersEquity`	$-52.09K	USD	Point-in-time
Balance	`StockholdersEquity`	$-80.79K	USD	Point-in-time

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