10-Q Filing

SRX HEALTH SOLUTIONS, INC. CIK: 1471727 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001185185-16-003548`
Period End Date	20151130
Filing Date	20160129
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	senz-20151130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 30 Cash Flow Statement 42

Balance Sheet 53 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
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
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	-	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$2.19K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$1.64K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	580.00M	shares	Point-in-time
Total Assets	`Assets`	$2.19K	USD	Point-in-time
Total Assets	`Assets`	$1.64K	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 issued	`CommonStockSharesIssued`	37.58M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	77.58M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60,200.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	77.58M	shares	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
Accounts payable	`AccountsPayableCurrent`	$21.32K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.01K	USD	Point-in-time
Convertible debt - related party	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible debt - related party	`ConvertibleNotesPayableCurrent`	$38.54K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.01K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$59.87K	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 November 30, 2015 and August 31, 2015	`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 November 30, 2015 and August 31, 2015	`PreferredStockValue`	$1.00	USD	Point-in-time
Common stock, $0.001 par value, 580,000,000 shares authorized, 77,575,303 and 37,581,903 shares issued and outstanding as of November 30, 2015 and August 31, 2015	`CommonStockValue`	$37.58K	USD	Point-in-time
Common stock, $0.001 par value, 580,000,000 shares authorized, 77,575,303 and 37,581,903 shares issued and outstanding as of November 30, 2015 and August 31, 2015	`CommonStockValue`	$77.58K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$358.57K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$336.19K	USD	Point-in-time
Subscription receivable	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	-	USD	Point-in-time
Subscription receivable	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$5.37K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-450.14K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-431.45K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-57.67K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-19.36K	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.19K	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.64K	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	-	USD	1 Quarter
Revenue	`SalesRevenueNet`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.71K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.44K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$5.45K	USD	1 Quarter
Professional fees	`ProfessionalFees`	-	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$546.00	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$548.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$16.43K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.26K	USD	1 Quarter
Net Operating Loss	`OperatingIncomeLoss`	$-2.26K	USD	1 Quarter
Net Operating Loss	`OperatingIncomeLoss`	$-16.43K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.50K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.25K	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-2.25K	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-4.50K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.76K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-18.69K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.76K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.69K	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	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
Weighted average shares outstanding - basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.72M	shares	1 Quarter
Weighted average shares outstanding - basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.77M	shares	1 Quarter
Weighted average shares outstanding - diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.77M	shares	1 Quarter
Weighted average shares outstanding - diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.72M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-6.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.69K	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$546.00	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$548.00	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$4.17K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$1.70K	USD	1 Quarter
Imputed interest	`ImputedInterestDebt`	$553.00	USD	1 Quarter
Imputed interest	`ImputedInterestDebt`	$332.00	USD	1 Quarter
Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$1.50K	USD	1 Quarter
Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-313.00	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-963.00	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.17K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-16.20K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromRepaymentsOfBankOverdrafts`	$14.50K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromRepaymentsOfBankOverdrafts`	-	USD	1 Quarter
Proceeds from convertible debt - related party	`ProceedsFromConvertibleDebt`	$4.17K	USD	1 Quarter
Proceeds from convertible debt - related party	`ProceedsFromConvertibleDebt`	$1.70K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.17K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$16.20K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
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	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Discount on beneficial conversion feature	`DebtInstrumentConvertibleBeneficialConversionFeature`	$1.70K	USD	1 Quarter
Discount on beneficial conversion feature	`DebtInstrumentConvertibleBeneficialConversionFeature`	$4.17K	USD	1 Quarter
Stock issued for conversion of debt	`DebtConversionOriginalDebtAmount1`	-	USD	1 Quarter
Stock issued for conversion of debt	`DebtConversionOriginalDebtAmount1`	$40.24K	USD	1 Quarter
Stock issued for subscription receivable	`StockIssued1`	$5.37K	USD	1 Quarter
Stock issued for subscription receivable	`StockIssued1`	$75.04K	USD	1 Quarter

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