10-Q/A Filing

STRATEX OIL & GAS HOLDINGS, INC. CIK: 1482361 Q2 2012

Filing Information

Form Type	10-Q/A
Accession Number	`0001213900-12-004958`
Period End Date	20120630
Filing Date	20120828
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	fil-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 48 Cash Flow Statement 44

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	1.46M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	1.46M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	1.46M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	1.46M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.05K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.44K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.26K	USD	Point-in-time
Accounts Receivable	`AccountsReceivableNet`	$9.86K	USD	Point-in-time
Accounts Receivable	`AccountsReceivableNet`	$16.42K	USD	Point-in-time
Inventory	`InventoryNet`	$7.39K	USD	Point-in-time
Inventory	`InventoryNet`	$6.50K	USD	Point-in-time
Prepaid Rent	`PrepaidRent`	$1.86K	USD	Point-in-time
Prepaid Rent	`PrepaidRent`	$1.86K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$33.54K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$33.04K	USD	Point-in-time
Property and Equipment	`PropertyPlantAndEquipmentGross`	$113.85K	USD	Point-in-time
Property and Equipment	`PropertyPlantAndEquipmentGross`	$113.00K	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$94.70K	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$95.21K	USD	Point-in-time
Total Property and Equipment	`PropertyPlantAndEquipmentNet`	$18.64K	USD	Point-in-time
Total Property and Equipment	`PropertyPlantAndEquipmentNet`	$18.30K	USD	Point-in-time
Total Assets	`Assets`	$51.84K	USD	Point-in-time
Total Assets	`Assets`	$51.68K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$9.32K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$15.89K	USD	Point-in-time
Sales Tax Payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Sales Tax Payable	`SalesAndExciseTaxPayableCurrentAndNoncurrent`	$1.89K	USD	Point-in-time
Current portion, long term debt	`LongTermDebtCurrent`	$4.66K	USD	Point-in-time
Current portion, long term debt	`LongTermDebtCurrent`	$5.35K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$20.55K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$16.56K	USD	Point-in-time
Obligations under capital lease	`CapitalLeaseObligationsNoncurrent`	$8.91K	USD	Point-in-time
Obligations under capital lease	`CapitalLeaseObligationsNoncurrent`	$11.83K	USD	Point-in-time
Stockholder's Loan	`NotesAndLoansPayable`	$79.69K	USD	Point-in-time
Stockholder's Loan	`NotesAndLoansPayable`	$79.69K	USD	Point-in-time
Due to affiliated company	`DueFromAffiliateNoncurrent`	$-81.03K	USD	Point-in-time
Due to affiliated company	`DueFromAffiliateNoncurrent`	$-84.06K	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$163.74K	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$160.72K	USD	Point-in-time
Total Liabilities	`Liabilities`	$193.09K	USD	Point-in-time
Total Liabilities	`Liabilities`	$189.21K	USD	Point-in-time
Common Stock, $0.01 par value; authorized: 750,000,000 shares; issued and outstanding: 1,460,000 shares as at December 31, 2010 1,460,000 shares as at June 30, 2011	`CommonStockValue`	$1.46K	USD	Point-in-time
Common Stock, $0.01 par value; authorized: 750,000,000 shares; issued and outstanding: 1,460,000 shares as at December 31, 2010 1,460,000 shares as at June 30, 2011	`CommonStockValue`	$1.46K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapital`	$192.84K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapital`	$192.84K	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-75.03K	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-71.31K	USD	Point-in-time
Deficit accumulated in the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$260.52K	USD	Point-in-time
Deficit accumulated in the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$260.52K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-137.53K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-141.25K	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$51.84K	USD	Point-in-time
Total Liabilities and Shareholders' Deficit	`LiabilitiesAndStockholdersEquity`	$51.68K	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$173.11K	USD	2 Qtrs
Sales	`SalesRevenueNet`	$144.78K	USD	2 Qtrs
Sales	`SalesRevenueNet`	$72.78K	USD	1 Quarter
Sales	`SalesRevenueNet`	$83.04K	USD	1 Quarter
Cost of Sales	`CostOfMerchandiseSalesBuyingAndOccupancyCosts`	$60.27K	USD	1 Quarter
Cost of Sales	`CostOfMerchandiseSalesBuyingAndOccupancyCosts`	$64.27K	USD	1 Quarter
Cost of Sales	`CostOfMerchandiseSalesBuyingAndOccupancyCosts`	$126.44K	USD	2 Qtrs
Cost of Sales	`CostOfMerchandiseSalesBuyingAndOccupancyCosts`	$121.08K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$18.77K	USD	1 Quarter
Gross Profit	`GrossProfit`	$12.51K	USD	1 Quarter
Gross Profit	`GrossProfit`	$23.71K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$46.67K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$1.85K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$8.80K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$10.91K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$18.66K	USD	2 Qtrs
Occupancy Costs	`OccupancyCosts`	$8.06K	USD	1 Quarter
Occupancy Costs	`OccupancyCosts`	$16.16K	USD	2 Qtrs
Occupancy Costs	`OccupancyCosts`	$8.05K	USD	1 Quarter
Occupancy Costs	`OccupancyCosts`	$16.12K	USD	2 Qtrs
Other General and Administrartive Expenses	`OtherGeneralAndAdministrativeExpense`	$13.73K	USD	2 Qtrs
Other General and Administrartive Expenses	`OtherGeneralAndAdministrativeExpense`	$8.71K	USD	1 Quarter
Other General and Administrartive Expenses	`OtherGeneralAndAdministrativeExpense`	$7.30K	USD	1 Quarter
Other General and Administrartive Expenses	`OtherGeneralAndAdministrativeExpense`	$18.03K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$18.62K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$48.54K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$26.26K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$42.95K	USD	2 Qtrs
Net Income before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-13.75K	USD	1 Quarter
Net Income before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$146.00	USD	1 Quarter
Net Income before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-24.84K	USD	2 Qtrs
Net Income before taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$3.72K	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income after Taxes	`NetIncomeLoss`	$-24.84K	USD	2 Qtrs
Net Income after Taxes	`NetIncomeLoss`	$3.72K	USD	2 Qtrs
Net Income after Taxes	`NetIncomeLoss`	$146.00	USD	1 Quarter
Net Income after Taxes	`NetIncomeLoss`	$-13.75K	USD	1 Quarter
Net Income per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net Income per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net Income per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net Income per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.46M	shares	1 Quarter
Weighted average shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.46M	shares	2 Qtrs
Weighted average shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.46M	shares	2 Qtrs
Weighted average shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.46M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net Income from operations	`NetIncomeLoss`	$-24.84K	USD	2 Qtrs
Net Income from operations	`NetIncomeLoss`	$3.72K	USD	2 Qtrs
Net Income from operations	`NetIncomeLoss`	$146.00	USD	1 Quarter
Net Income from operations	`NetIncomeLoss`	$-13.75K	USD	1 Quarter
Depreciation	`Depreciation`	$600.00	USD	2 Qtrs
Depreciation	`Depreciation`	$1.51K	USD	Annual
Depreciation	`Depreciation`	$516.00	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$6.57K	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$3.29K	USD	2 Qtrs
Prepaid Sales Tax	`IncreaseDecreaseInPrepaidTaxes`	$-563.00	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-6.56K	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$1.12K	USD	2 Qtrs
Sales Tax Payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$1.89K	USD	2 Qtrs
Sales Tax Payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$1.83K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-90.00	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-885.00	USD	2 Qtrs
Current Portion, Long Term Debt	`DebtInstrumentIncreaseDecreaseForPeriodNet`	$3.14K	USD	2 Qtrs
Current Portion, Long Term Debt	`DebtInstrumentIncreaseDecreaseForPeriodNet`	$-691.00	USD	2 Qtrs
Net cash provided by (used by) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.43K	USD	2 Qtrs
Net cash provided by (used by) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.06K	USD	2 Qtrs
Capitalized leases	`ProceedsFromLeasesHeldForInvestment`	$-2.92K	USD	2 Qtrs
Capitalized leases	`ProceedsFromLeasesHeldForInvestment`	$461.00	USD	2 Qtrs
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$854.00	USD	2 Qtrs
Net cash (used by) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$461.00	USD	2 Qtrs
Net cash (used by) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.77K	USD	2 Qtrs
Proceeds of stockholders' loan	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$7.50K	USD	2 Qtrs
Proceeds of loan from affiliated company	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$-3.02K	USD	2 Qtrs
Proceeds of loan from affiliated company	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$-24.95K	USD	2 Qtrs
Net cash provided by (used by) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.02K	USD	2 Qtrs
Net cash provided by (used by) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$32.45K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.18K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.85K	USD	2 Qtrs
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.05K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$14.44K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$195.00	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.26K	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.05K	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$14.44K	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$195.00	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.26K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs

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