10-Q Filing

MOPALS.COM, INC. CIK: 1222218 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-009010`
Period End Date	20150930
Filing Date	20151123
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	pals-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 60 Cash Flow Statement 48 Stockholders Equity 13

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Capital stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$143.48K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$252.32K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$24.69K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$437.65K	USD	Point-in-time
Prepaid & Other Assets (Note 4)	`PrepaidExpenseAndOtherAssetsCurrent`	$257.05K	USD	Point-in-time
Prepaid & Other Assets (Note 4)	`PrepaidExpenseAndOtherAssetsCurrent`	$243.96K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$387.45K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$509.37K	USD	Point-in-time
Equipment, net (Note 5)	`PropertyPlantAndEquipmentNet`	$20.18K	USD	Point-in-time
Equipment, net (Note 5)	`PropertyPlantAndEquipmentNet`	$32.71K	USD	Point-in-time
Total Assets	`Assets`	$420.16K	USD	Point-in-time
Total Assets	`Assets`	$529.56K	USD	Point-in-time
Accounts Payable & Accrued Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$281.01K	USD	Point-in-time
Accounts Payable & Accrued Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$255.08K	USD	Point-in-time
Employee Tax Deductions Payable	`EmployeeRelatedLiabilitiesCurrent`	$500.14K	USD	Point-in-time
Employee Tax Deductions Payable	`EmployeeRelatedLiabilitiesCurrent`	$786.42K	USD	Point-in-time
MoCoins Liability	`CustomerLoyaltyProgramLiabilityCurrent`	$1.85K	USD	Point-in-time
MoCoins Liability	`CustomerLoyaltyProgramLiabilityCurrent`	$4.02K	USD	Point-in-time
Share Based Accrual	`SharedBasedAccrual`	$14.92K	USD	Point-in-time
Share Based Accrual	`SharedBasedAccrual`	$14.92K	USD	Point-in-time
Loans from Shareholder (Note 6)	`LoansFromShareholder`	$1.47M	USD	Point-in-time
Loans from Shareholder (Note 6)	`LoansFromShareholder`	$1.13M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.90M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.55M	USD	Point-in-time
Commitments and Contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Capital Stock; par value $0.0001 (Note 8)	`CommonStockValue`	$4.71K	USD	Point-in-time
Capital Stock; par value $0.0001 (Note 8)	`CommonStockValue`	$4.58K	USD	Point-in-time
Shares Subscribed (Note 9)	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Shares Subscribed (Note 9)	`CommonStockSharesSubscriptions`	$1.50M	USD	Point-in-time
Share Subscriptions Receivable (Note 9)	`StockholdersEquityNoteSubscriptionsReceivable`	$1.50M	USD	Point-in-time
Share Subscriptions Receivable (Note 9)	`StockholdersEquityNoteSubscriptionsReceivable`	-	USD	Point-in-time
Shares to be Issued (Note 8)	`SharesToBeIssued`	$300.00	USD	Point-in-time
Shares to be Issued (Note 8)	`SharesToBeIssued`	$370.00	USD	Point-in-time
Additional Paid In Capital	`AdditionalPaidInCapital`	$2.87M	USD	Point-in-time
Additional Paid In Capital	`AdditionalPaidInCapital`	$2.38M	USD	Point-in-time
Deficit Accumulated During the Development Stage	`RetainedEarningsAccumulatedDeficit`	$-4.00M	USD	Point-in-time
Deficit Accumulated During the Development Stage	`RetainedEarningsAccumulatedDeficit`	$-5.30M	USD	Point-in-time
Foreign Currency Translation	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$139.69K	USD	Point-in-time
Foreign Currency Translation	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$405.42K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-2.02M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-1.48M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$529.56K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$420.16K	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Consultants & Contractors	`ConsultantsAndContractors`	$406.97K	USD	1 Quarter
Consultants & Contractors	`ConsultantsAndContractors`	$667.56K	USD	3 Qtrs
Consultants & Contractors	`ConsultantsAndContractors`	$948.58K	USD	3 Qtrs
Consultants & Contractors	`ConsultantsAndContractors`	$194.11K	USD	1 Quarter
General & Administrative Expenses	`GeneralAndAdministrativeExpense`	$205.47K	USD	3 Qtrs
General & Administrative Expenses	`GeneralAndAdministrativeExpense`	$279.14K	USD	3 Qtrs
General & Administrative Expenses	`GeneralAndAdministrativeExpense`	$85.52K	USD	1 Quarter
General & Administrative Expenses	`GeneralAndAdministrativeExpense`	$18.29K	USD	1 Quarter
Occupancy Costs	`OccupancyCosts`	$102.94K	USD	3 Qtrs
Occupancy Costs	`OccupancyCosts`	$2.67K	USD	1 Quarter
Occupancy Costs	`OccupancyCosts`	$34.86K	USD	1 Quarter
Occupancy Costs	`OccupancyCosts`	$103.47K	USD	3 Qtrs
Share Based Compensation (Note 10)	`ShareBasedCompensation`	$376.39K	USD	3 Qtrs
Share Based Compensation (Note 10)	`ShareBasedCompensation`	$-36.20K	USD	3 Qtrs
Share Based Compensation (Note 10)	`ShareBasedCompensation`	$138.92K	USD	1 Quarter
Share Based Compensation (Note 10)	`ShareBasedCompensation`	$6.12K	USD	1 Quarter
Depreciation	`Depreciation`	$3.74K	USD	1 Quarter
Depreciation	`Depreciation`	$10.45K	USD	3 Qtrs
Depreciation	`Depreciation`	$2.15K	USD	1 Quarter
Depreciation	`Depreciation`	$11.70K	USD	3 Qtrs
Total Operating Expense & Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.31M	USD	3 Qtrs
Total Operating Expense & Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.36M	USD	3 Qtrs
Total Operating Expense & Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-537.21K	USD	1 Quarter
Total Operating Expense & Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-356.15K	USD	1 Quarter
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 loss from Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.31M	USD	3 Qtrs
Net loss from Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-356.15K	USD	1 Quarter
Net loss from Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.36M	USD	3 Qtrs
Net loss from Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-537.21K	USD	1 Quarter
Other Income	`OtherIncome`	$150.00K	USD	1 Quarter
Other Income	`OtherIncome`	-	USD	3 Qtrs
Other Income	`OtherIncome`	$150.00K	USD	3 Qtrs
Other Income	`OtherIncome`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-206.15K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-1.31M	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-1.21M	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-537.21K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$152.85K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$87.12K	USD	3 Qtrs
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$265.73K	USD	3 Qtrs
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$55.96K	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$55.96K	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$265.73K	USD	3 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$152.85K	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$87.12K	USD	3 Qtrs
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-1.13M	USD	3 Qtrs
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-384.36K	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-1.04M	USD	3 Qtrs
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-150.19K	USD	1 Quarter
Net (Loss) per common share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	3 Qtrs
Net (Loss) per common share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net (Loss) per common share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net (Loss) per common share	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	3 Qtrs
Weighted Average Number of Shares Outstanding - Basic and Diluted During the Period	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.95M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding - Basic and Diluted During the Period	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	46.23M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Basic and Diluted During the Period	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	51.78M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Basic and Diluted During the Period	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	51.78M	shares	3 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`NetIncomeLoss`	$-206.15K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-1.31M	USD	3 Qtrs
Net (Loss)	`NetIncomeLoss`	$-1.21M	USD	3 Qtrs
Net (Loss)	`NetIncomeLoss`	$-537.21K	USD	1 Quarter
Depreciation	`Depreciation`	$3.74K	USD	1 Quarter
Depreciation	`Depreciation`	$10.45K	USD	3 Qtrs
Depreciation	`Depreciation`	$2.15K	USD	1 Quarter
Depreciation	`Depreciation`	$11.70K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$376.39K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$-36.20K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$138.92K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.12K	USD	1 Quarter
(Increase) in Prepaid & Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.08K	USD	3 Qtrs
(Increase) in Prepaid & Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$149.68K	USD	3 Qtrs
Increase in MoCoins liability	`IncreaseInMocoinsLiability`	$23.79K	USD	3 Qtrs
Increase in MoCoins liability	`IncreaseInMocoinsLiability`	$2.17K	USD	3 Qtrs
Increase in Accounts Payable & Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$92.17K	USD	3 Qtrs
Increase in Accounts Payable & Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$390.22K	USD	3 Qtrs
Net Cash Flows used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-951.89K	USD	3 Qtrs
Net Cash Flows used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-859.99K	USD	3 Qtrs
Common shares Issued	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	3 Qtrs
Common shares Issued	`ProceedsFromIssuanceOrSaleOfEquity`	$326.70K	USD	3 Qtrs
Common Shares Subscribed	`CommonSharesSubscribed`	$137.65K	USD	3 Qtrs
Common Shares Subscribed	`CommonSharesSubscribed`	$126.47K	USD	3 Qtrs
Increase in Shareholders' Loan	`IncreaseInShareholdersLoan`	$221.65K	USD	3 Qtrs
Increase in Shareholders' Loan	`IncreaseInShareholdersLoan`	$160.99K	USD	3 Qtrs
Net Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$359.30K	USD	3 Qtrs
Net Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$614.16K	USD	3 Qtrs
Purchases of Capital Equipment	`PaymentsToAcquireProductiveAssets`	$16.69K	USD	3 Qtrs
Purchases of Capital Equipment	`PaymentsToAcquireProductiveAssets`	$2.86K	USD	3 Qtrs
Net Cash Flows used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.69K	USD	3 Qtrs
Net Cash Flows used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.86K	USD	3 Qtrs
Net Cash Flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-340.59K	USD	3 Qtrs
Net Cash Flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-517.38K	USD	3 Qtrs
Effects of Exchange Rate on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$104.43K	USD	3 Qtrs
Effects of Exchange Rate on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$449.43K	USD	3 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$143.48K	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$252.32K	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$24.69K	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$437.65K	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$143.48K	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$252.32K	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$24.69K	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$437.65K	USD	Point-in-time
Interest Paid	`InterestPaid`	-	USD	3 Qtrs
Interest Paid	`InterestPaid`	-	USD	3 Qtrs
Income Taxes Paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Income Taxes Paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$-2.02M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-1.48M	USD	Point-in-time
Shares issued (Note 8)	`StockIssuedDuringPeriodValueNewIssues`	$326.70K	USD	3 Qtrs
Shares to be issued (Note 8)	`StockIssuedDuringPeriodValueOther`	$204.47K	USD	3 Qtrs
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-36.20K	USD	3 Qtrs
Write off of shares subscription receivable (Note (9)	`WriteOffOfSharesSubscriptionReceivable`	-	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$265.73K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-206.15K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-1.31M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-1.21M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-537.21K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$-2.02M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-1.48M	USD	Point-in-time

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