10-Q Filing

MOPALS.COM, INC. CIK: 1222218 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001213900-12-006372`
Period End Date	20120930
Filing Date	20121119
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	mbkr-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 65 Cash Flow Statement 40

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Capital stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$909.49K	USD	Point-in-time
Capital stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$245.27K	USD	Point-in-time
Capital stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other receivables	`PrepaidExpenseCurrent`	$26.01K	USD	Point-in-time
Capital stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other receivables	`PrepaidExpenseCurrent`	$173.96K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$419.23K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$935.50K	USD	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	1.29M	shares	Point-in-time
Capital stock, shares issued	`CommonStockSharesIssued`	1.29M	shares	Point-in-time
Equipment, net (note 3)	`PropertyPlantAndEquipmentNet`	$51.61K	USD	Point-in-time
Capital stock, shares outstanding	`CommonStockSharesOutstanding`	1.29M	shares	Point-in-time
Equipment, net (note 3)	`PropertyPlantAndEquipmentNet`	$62.91K	USD	Point-in-time
Capital stock, shares outstanding	`CommonStockSharesOutstanding`	1.29M	shares	Point-in-time
Equipment Under Capital Leases (note 4)	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$859.00	USD	Point-in-time
Equipment Under Capital Leases (note 4)	`CapitalLeasesBalanceSheetAssetsByMajorClassNet`	$1.04K	USD	Point-in-time
Total Assets	`Assets`	$999.45K	USD	Point-in-time
Total Assets	`Assets`	$471.70K	USD	Point-in-time
Accounts payable and accrued liabilities (note 9)	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.07M	USD	Point-in-time
Accounts payable and accrued liabilities (note 9)	`AccountsPayableAndAccruedLiabilitiesCurrent`	$323.79K	USD	Point-in-time
Advances from related parties (note 5)	`DueToRelatedPartiesCurrent`	$2.41M	USD	Point-in-time
Advances from related parties (note 5)	`DueToRelatedPartiesCurrent`	$3.88M	USD	Point-in-time
Employee tax deductions payable (note 6)	`AccruedPayrollTaxesCurrent`	$15.92K	USD	Point-in-time
Employee tax deductions payable (note 6)	`AccruedPayrollTaxesCurrent`	$144.59K	USD	Point-in-time
Stock-based compensation accrual - current portion (note 7a)	`EmployeeRelatedLiabilitiesCurrent`	$4.11K	USD	Point-in-time
Stock-based compensation accrual - current portion (note 7a)	`EmployeeRelatedLiabilitiesCurrent`	$3.29K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.63M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.22M	USD	Point-in-time
Stock-based Compensation Accrual (note 7b)	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$11.61K	USD	Point-in-time
Stock-based Compensation Accrual (note 7b)	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$13.87K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.64M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.24M	USD	Point-in-time
Commitments and Contingencies (notes 1 and 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (notes 1 and 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 5,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 5,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Capital stock, $0.0001 par value; 100,000,000 shares authorized; 1,294,993 (2011: 1,294,993) issued and outstanding (note 8)	`CommonStockValue`	$129.00	USD	Point-in-time
Capital stock, $0.0001 par value; 100,000,000 shares authorized; 1,294,993 (2011: 1,294,993) issued and outstanding (note 8)	`CommonStockValue`	$129.00	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$6.17M	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$6.20M	USD	Point-in-time
Treasury Stock	`TreasuryStockValue`	$27.29K	USD	Point-in-time
Treasury Stock	`TreasuryStockValue`	$27.29K	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$152.44K	USD	Point-in-time
Accumulated Other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$63.37K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-9.97M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-8.96M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-3.76M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.64M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$999.45K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$471.70K	USD	Point-in-time

Income Statement 65 line items

Line Item	Tag	Value	Unit	Period
Revenues (note 9)	`SalesRevenueNet`	$1.06M	USD	1 Quarter
Revenues (note 9)	`SalesRevenueNet`	$10.66M	USD	3 Qtrs
Revenues (note 9)	`SalesRevenueNet`	$3.64M	USD	1 Quarter
Revenues (note 9)	`SalesRevenueNet`	$4.26M	USD	3 Qtrs
Commission and agent fees	`SalesCommissionsAndFees`	$1.01M	USD	1 Quarter
Commission and agent fees	`SalesCommissionsAndFees`	$3.21M	USD	1 Quarter
Commission and agent fees	`SalesCommissionsAndFees`	$9.34M	USD	3 Qtrs
Commission and agent fees	`SalesCommissionsAndFees`	$3.85M	USD	3 Qtrs
Salaries and benefits	`SalariesAndWages`	$333.51K	USD	1 Quarter
Salaries and benefits	`SalariesAndWages`	$320.00K	USD	1 Quarter
Salaries and benefits	`SalariesAndWages`	$1.06M	USD	3 Qtrs
Salaries and benefits	`SalariesAndWages`	$1.15M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$154.27K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$105.42K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$528.21K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$298.32K	USD	3 Qtrs
Stock based compensation (notes 7a and 7b)	`OfficersCompensation`	$9.98K	USD	1 Quarter
Stock based compensation (notes 7a and 7b)	`OfficersCompensation`	$475.00	USD	1 Quarter
Stock based compensation (notes 7a and 7b)	`OfficersCompensation`	$-3.08K	USD	3 Qtrs
Stock based compensation (notes 7a and 7b)	`OfficersCompensation`	$11.50K	USD	3 Qtrs
Occupancy costs (note 9)	`OccupancyCosts`	$148.72K	USD	3 Qtrs
Occupancy costs (note 9)	`OccupancyCosts`	$41.30K	USD	1 Quarter
Occupancy costs (note 9)	`OccupancyCosts`	$36.73K	USD	1 Quarter
Occupancy costs (note 9)	`OccupancyCosts`	$119.83K	USD	3 Qtrs
Depreciation expense	`DepreciationNonproduction`	$5.66K	USD	1 Quarter
Depreciation expense	`DepreciationNonproduction`	$13.43K	USD	3 Qtrs
Depreciation expense	`DepreciationNonproduction`	$17.02K	USD	3 Qtrs
Depreciation expense	`DepreciationNonproduction`	$4.19K	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$5.43M	USD	3 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$1.48M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$3.75M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$11.10M	USD	3 Qtrs
Net (Loss) before undernoted items	`NetLossBeforeUndernotedItems`	$-1.17M	USD	3 Qtrs
Net (Loss) before undernoted items	`NetLossBeforeUndernotedItems`	$-440.98K	USD	3 Qtrs
Net (Loss) before undernoted items	`NetLossBeforeUndernotedItems`	$-420.25K	USD	1 Quarter
Net (Loss) before undernoted items	`NetLossBeforeUndernotedItems`	$-106.69K	USD	1 Quarter
Other Income	`OtherOperatingIncome`	-	USD	1 Quarter
Other Income	`OtherOperatingIncome`	-	USD	3 Qtrs
Other Income	`OtherOperatingIncome`	$130.27K	USD	1 Quarter
Other Income	`OtherOperatingIncome`	$130.27K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-1.04M	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-289.99K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-106.69K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-440.98K	USD	3 Qtrs
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-98.14K	USD	1 Quarter
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-106.80K	USD	1 Quarter
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-74.86K	USD	3 Qtrs
Foreign Currency Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-89.07K	USD	3 Qtrs
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-213.48K	USD	1 Quarter
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-515.85K	USD	3 Qtrs
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.12M	USD	3 Qtrs
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-388.13K	USD	1 Quarter
Net (loss) per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	1 Quarter
Net (loss) per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.80	USD	3 Qtrs
Net (loss) per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.34	USD	3 Qtrs
Net (loss) per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.29M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.30M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.30M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.29M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.30M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.29M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.29M	shares	3 Qtrs

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`ProfitLoss`	$-1.04M	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-289.99K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-106.69K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-440.98K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$5.66K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$13.43K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$17.02K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$4.19K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$-3.08K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$11.50K	USD	3 Qtrs
Accounts payable and accrued liabilities and employee tax deductions payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-285.44K	USD	3 Qtrs
Accounts payable and accrued liabilities and employee tax deductions payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-896.54K	USD	3 Qtrs
Prepaids and other receivables	`IncreaseDecreaseInPrepaidExpense`	$-760.00	USD	3 Qtrs
Prepaids and other receivables	`IncreaseDecreaseInPrepaidExpense`	$144.40K	USD	3 Qtrs
Net Cash (used in) provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-697.14K	USD	3 Qtrs
Net Cash (used in) provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.07M	USD	3 Qtrs
Purchase of equipment	`PaymentsToAcquireMachineryAndEquipment`	$4.74K	USD	3 Qtrs
Purchase of equipment	`PaymentsToAcquireMachineryAndEquipment`	-	USD	3 Qtrs
Net Cash (used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net Cash (used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.74K	USD	3 Qtrs
Advances from related parties	`ProceedsFromRelatedPartyDebt`	$1.38M	USD	3 Qtrs
Advances from related parties	`ProceedsFromRelatedPartyDebt`	$869.45K	USD	3 Qtrs
Net Cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.38M	USD	3 Qtrs
Net Cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$869.45K	USD	3 Qtrs
Net (decrease) increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-681.50K	USD	3 Qtrs
Net (decrease) increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$167.57K	USD	3 Qtrs
Effect of exchange rates on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$17.28K	USD	3 Qtrs
Effect of exchange rates on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-43.99K	USD	3 Qtrs
Cash - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$909.49K	USD	Point-in-time
Cash - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$245.27K	USD	Point-in-time
Cash - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$876.01K	USD	Point-in-time
Cash - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$752.42K	USD	Point-in-time
Cash - End of period	`CashAndCashEquivalentsAtCarryingValue`	$909.49K	USD	Point-in-time
Cash - End of period	`CashAndCashEquivalentsAtCarryingValue`	$245.27K	USD	Point-in-time
Cash - End of period	`CashAndCashEquivalentsAtCarryingValue`	$876.01K	USD	Point-in-time
Cash - End of period	`CashAndCashEquivalentsAtCarryingValue`	$752.42K	USD	Point-in-time
Interest paid	`InterestPaid`	$7.30K	USD	3 Qtrs
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs

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