10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001199835-15-000113 |
| Period End Date | 20150228 |
| Filing Date | 20150409 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | exeo-20150228.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$326.68K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$154.22K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$14.91K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$144.74K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseAndOtherAssets
|
$7.87K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseAndOtherAssets
|
$2.92K | USD | Point-in-time |
| Accounts Receivable |
AccountsReceivableNetCurrent
|
$110.00 | USD | Point-in-time |
| Accounts Receivable |
AccountsReceivableNetCurrent
|
$110.00 | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$344.63K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$306.94K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$81.13K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$74.46K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$381.40K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$425.76K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableCurrent
|
$25.34K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableCurrent
|
$69.29K | USD | Point-in-time |
| Accrued interest payable to non-affiliates |
InterestPayableCurrent
|
$18.23K | USD | Point-in-time |
| Accrued interest payable to non-affiliates |
InterestPayableCurrent
|
$11.79K | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Federal and states taxes payable |
TaxesPayableCurrent
|
$18.02K | USD | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Federal and states taxes payable |
TaxesPayableCurrent
|
$35.53K | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrent
|
$85.00K | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrent
|
$85.00K | USD | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
24.14M | shares | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
23.43M | shares | Point-in-time |
| Common stock, outstanding |
CommonStockSharesOutstanding
|
24.14M | shares | Point-in-time |
| Notes payable |
DebtCurrent
|
$9.70K | USD | Point-in-time |
| Common stock, outstanding |
CommonStockSharesOutstanding
|
23.43M | shares | Point-in-time |
| Notes payable |
DebtCurrent
|
$9.70K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$173.80K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$193.80K | USD | Point-in-time |
| Notes payable |
OtherLiabilitiesNoncurrent
|
$7.64K | USD | Point-in-time |
| Notes payable |
OtherLiabilitiesNoncurrent
|
$9.31K | USD | Point-in-time |
| Total long-term liabilities |
LongTermDebtAndCapitalLeaseObligations
|
$9.31K | USD | Point-in-time |
| Total long-term liabilities |
LongTermDebtAndCapitalLeaseObligations
|
$7.64K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$181.44K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$203.11K | USD | Point-in-time |
| Convertible Preferred Stock Series A - 15%, $0.0001 par value, 1,000,000 shares authorized, 19,500 and 19,500 shares issued, respectively |
PreferredStockValue
|
$2.00 | USD | Point-in-time |
| Convertible Preferred Stock Series A - 15%, $0.0001 par value, 1,000,000 shares authorized, 19,500 and 19,500 shares issued, respectively |
PreferredStockValue
|
$2.00 | USD | Point-in-time |
| Convertible Preferred Stock Series B - 15%, $0.0001 par value, 1,000,000 shares authorized, 32,500 and 10,000 shares issued, respectively |
PreferredStockSeriesB
|
$3.00 | USD | Point-in-time |
| Convertible Preferred Stock Series B - 15%, $0.0001 par value, 1,000,000 shares authorized, 32,500 and 10,000 shares issued, respectively |
PreferredStockSeriesB
|
$1.00 | USD | Point-in-time |
| Common stock - $0.0001 par value, 100,000,000 shares authorized; 24,140,600 and 23,433,100 shares issued and outstanding, respectively |
CommonStockValueOutstanding
|
$2.41K | USD | Point-in-time |
| Common stock - $0.0001 par value, 100,000,000 shares authorized; 24,140,600 and 23,433,100 shares issued and outstanding, respectively |
CommonStockValueOutstanding
|
$2.41K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.12M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$2.97M | USD | Point-in-time |
| Accumulated deficit |
DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
|
$2.75M | USD | Point-in-time |
| Accumulated deficit |
DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
|
$2.92M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$199.96K | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$222.65K | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$425.76K | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$381.40K | USD | Point-in-time |
Income Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| REVENUES |
SalesRevenueGoodsNet
|
$5.79K | USD | 1 Quarter |
| REVENUES |
SalesRevenueGoodsNet
|
- | USD | 1 Quarter |
| Cost of direct materials, shipping and labor |
CostOfGoodsSold
|
- | USD | 1 Quarter |
| Cost of direct materials, shipping and labor |
CostOfGoodsSold
|
$2.85K | USD | 1 Quarter |
| GROSS PROFIT |
GrossProfit
|
$2.94K | USD | 1 Quarter |
| GROSS PROFIT |
GrossProfit
|
- | USD | 1 Quarter |
| Advertising |
AdvertisingExpense
|
$280.00 | USD | 1 Quarter |
| Advertising |
AdvertisingExpense
|
$466.00 | USD | 1 Quarter |
| Automobile and truck |
AutomobileAndTruck
|
$998.00 | USD | 1 Quarter |
| Automobile and truck |
AutomobileAndTruck
|
$1.39K | USD | 1 Quarter |
| Bank service charges |
BankServiceCharges
|
$290.00 | USD | 1 Quarter |
| Bank service charges |
BankServiceCharges
|
$153.00 | USD | 1 Quarter |
| Compensation - non-directors |
CompensationNondirectors
|
$37.86K | USD | 1 Quarter |
| Compensation - non-directors |
CompensationNondirectors
|
$5.95K | USD | 1 Quarter |
| Compensation - officers / directors |
CompensationOfficersDirectors
|
$30.00K | USD | 1 Quarter |
| Compensation - officers / directors |
CompensationOfficersDirectors
|
$30.00K | USD | 1 Quarter |
| Stock-based compensation to officers and employee |
ShareBasedCompensation
|
$50.00K | USD | 1 Quarter |
| Stock-based compensation to officers and employee |
ShareBasedCompensation
|
$50.00K | USD | 1 Quarter |
| Computer and internet |
ComputerAndInternet
|
$202.00 | USD | 1 Quarter |
| Computer and internet |
ComputerAndInternet
|
$392.00 | USD | 1 Quarter |
| Consulting fees |
ConsultingFeesCash
|
$30.00K | USD | 1 Quarter |
| Consulting fees |
ConsultingFeesCash
|
- | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$6.81K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$6.67K | USD | 1 Quarter |
| Filing fees |
FilingFees
|
$1.39K | USD | 1 Quarter |
| Filing fees |
FilingFees
|
$1.55K | USD | 1 Quarter |
| Insurance Premiums |
InsurancePremiums
|
$1.23K | USD | 1 Quarter |
| Insurance Premiums |
InsurancePremiums
|
- | USD | 1 Quarter |
| Investor Relations and News |
InvestorRelationsAndNews
|
- | USD | 1 Quarter |
| Investor Relations and News |
InvestorRelationsAndNews
|
$410.00K | USD | 1 Quarter |
| Legal and professional |
ProfessionalFees
|
$14.58K | USD | 1 Quarter |
| Legal and professional |
ProfessionalFees
|
$30.09K | USD | 1 Quarter |
| Meals and entertainment |
MealsAndEntertainment
|
$84.00 | USD | 1 Quarter |
| Meals and entertainment |
MealsAndEntertainment
|
- | USD | 1 Quarter |
| Office rent |
OfficeRent
|
$21.02K | USD | 1 Quarter |
| Office rent |
OfficeRent
|
$21.02K | USD | 1 Quarter |
| Office expense |
OfficeExpense
|
$1.71K | USD | 1 Quarter |
| Office expense |
OfficeExpense
|
$1.46K | USD | 1 Quarter |
| Promotions / trade show exhibit |
PromotionsTradeShowExhibit
|
- | USD | 1 Quarter |
| Promotions / trade show exhibit |
PromotionsTradeShowExhibit
|
- | USD | 1 Quarter |
| Promotions / other cost |
PromotionsOtherCost
|
$1.56K | USD | 1 Quarter |
| Promotions / other cost |
PromotionsOtherCost
|
$616.00 | USD | 1 Quarter |
| Research and product development |
ResearchAndDevelopmentExpense
|
$19.27K | USD | 1 Quarter |
| Research and product development |
ResearchAndDevelopmentExpense
|
$238.00 | USD | 1 Quarter |
| Royalties |
RoyaltyExpense
|
$24.06K | USD | 1 Quarter |
| Royalties |
RoyaltyExpense
|
$2.92K | USD | 1 Quarter |
| Taxes - Federal and State |
IncomeTaxExpenseBenefit
|
$17.28K | USD | 1 Quarter |
| Taxes - Federal and State |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Travel |
TravelAndEntertainmentExpense
|
$705.00 | USD | 1 Quarter |
| Travel |
TravelAndEntertainmentExpense
|
$77.00 | USD | 1 Quarter |
| Utilities |
UtilitiesOperatingExpenseOperations
|
$4.25K | USD | 1 Quarter |
| Utilities |
UtilitiesOperatingExpenseOperations
|
$6.77K | USD | 1 Quarter |
| TOTAL OPERATING EXPENSES |
CostsAndExpenses
|
$194.38K | USD | 1 Quarter |
| TOTAL OPERATING EXPENSES |
CostsAndExpenses
|
$638.96K | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-638.96K | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-191.43K | USD | 1 Quarter |
| Foregiveness of Debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Foregiveness of Debt |
GainsLossesOnExtinguishmentOfDebt
|
$33.15K | USD | 1 Quarter |
| TOTAL OTHER INCOME |
OtherNonoperatingIncome
|
- | USD | 1 Quarter |
| TOTAL OTHER INCOME |
OtherNonoperatingIncome
|
$33.15K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$137.00 | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.72K | USD | 1 Quarter |
| TOTAL OTHER EXPENSES |
OtherNonoperatingExpense
|
$-6.72K | USD | 1 Quarter |
| TOTAL OTHER EXPENSES |
OtherNonoperatingExpense
|
$-137.00 | USD | 1 Quarter |
| NET LOSS |
NetIncomeLoss
|
$-639.10K | USD | 1 Quarter |
| NET LOSS |
NetIncomeLoss
|
$-165.00K | USD | 1 Quarter |
| NET LOSS PER SHARE: BASIC |
EarningsPerShareBasic
|
$-0.01 | USD | 1 Quarter |
| NET LOSS PER SHARE: BASIC |
EarningsPerShareBasic
|
$-0.03 | USD | 1 Quarter |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.43M | shares | 1 Quarter |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.43M | shares | 1 Quarter |
Cash Flow Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
NetIncomeLoss
|
$-639.10K | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-165.00K | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$6.67K | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$6.81K | USD | 1 Quarter |
| Stock-based compensation to officers |
StockbasedCompensationToOfficers
|
$450.00K | USD | 1 Quarter |
| Stock-based compensation to officers |
StockbasedCompensationToOfficers
|
$50.00K | USD | 1 Quarter |
| Imputed interest |
AmortizationOfDebtDiscountPremium
|
- | USD | 1 Quarter |
| Imputed interest |
AmortizationOfDebtDiscountPremium
|
$6.44K | USD | 1 Quarter |
| Decrease (Increase) in pre-paid expenses |
IncreaseDecreaseInPrepaidExpense
|
$4.95K | USD | 1 Quarter |
| Decrease (Increase) in pre-paid expenses |
IncreaseDecreaseInPrepaidExpense
|
$6.22K | USD | 1 Quarter |
| Decrease (Increase) in inventory |
IncreaseDecreaseInInventories
|
- | USD | 1 Quarter |
| Decrease (Increase) in inventory |
IncreaseDecreaseInInventories
|
$129.83K | USD | 1 Quarter |
| Decrease (Increase) in accounts payable and accrued expenses |
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
$-46.57K | USD | 1 Quarter |
| Decrease (Increase) in accounts payable and accrued expenses |
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
$386.00 | USD | 1 Quarter |
| Increase in federal and state taxes payable |
IncreaseDecreaseInAccruedTaxesPayable
|
- | USD | 1 Quarter |
| Increase in federal and state taxes payable |
IncreaseDecreaseInAccruedTaxesPayable
|
$17.50K | USD | 1 Quarter |
| Net Cash Used in Operating Activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-188.12K | USD | 1 Quarter |
| Net Cash Used in Operating Activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-265.74K | USD | 1 Quarter |
| Acquisition of property and equipment |
PaymentsToAcquireProductiveAssets
|
$1.43K | USD | 1 Quarter |
| Acquisition of property and equipment |
PaymentsToAcquireProductiveAssets
|
- | USD | 1 Quarter |
| Cash Flows Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-1.43K | USD | 1 Quarter |
| Cash Flows Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
- | USD | 1 Quarter |
| Proceeds from issuance of common stock, net of issuance costs |
ProceedsFromIssuanceOfCommonStock
|
$65.69K | USD | 1 Quarter |
| Proceeds from issuance of common stock, net of issuance costs |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Proceeds from issuance of preferred stock, net of issuance costs |
ProceedsFromIssuanceOfConvertiblePreferredStock
|
$94.94K | USD | 1 Quarter |
| Proceeds from issuance of preferred stock, net of issuance costs |
ProceedsFromIssuanceOfConvertiblePreferredStock
|
- | USD | 1 Quarter |
| Proceeds from related party debt |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$85.00K | USD | 1 Quarter |
| Proceeds from related party debt |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
- | USD | 1 Quarter |
| Payments on notes payable - auto loan (principal) |
ProceedsFromRepaymentsOfSecuredDebt
|
$-1.67K | USD | 1 Quarter |
| Payments on notes payable - auto loan (principal) |
ProceedsFromRepaymentsOfSecuredDebt
|
$-2.45K | USD | 1 Quarter |
| Cash Flows Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$93.27K | USD | 1 Quarter |
| Cash Flows Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$148.23K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$-41.32K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$-172.47K | USD | 1 Quarter |
| Cash and cash equivalents, beginning of the period |
Cash
|
$154.22K | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
Cash
|
$326.68K | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
Cash
|
$316.98K | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
Cash
|
$358.30K | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
Cash
|
$154.22K | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
Cash
|
$326.68K | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
Cash
|
$316.98K | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
Cash
|
$358.30K | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.