10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001213900-16-013717 |
| Period End Date | 20160331 |
| Filing Date | 20160523 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | pals-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Capital stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Capital stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$6.08K | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$143.48K | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$65.71K | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$6.08K | USD | Point-in-time |
| Prepaid & Other Assets (Note 4) |
PrepaidExpenseAndOtherAssetsCurrent
|
$295.25K | USD | Point-in-time |
| Prepaid & Other Assets (Note 4) |
PrepaidExpenseAndOtherAssetsCurrent
|
$294.59K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$300.67K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$301.33K | USD | Point-in-time |
| Equipment, net (Note 5) |
PropertyPlantAndEquipmentNet
|
$16.77K | USD | Point-in-time |
| Equipment, net (Note 5) |
PropertyPlantAndEquipmentNet
|
$14.00K | USD | Point-in-time |
| Total Assets |
Assets
|
$318.10K | USD | Point-in-time |
| Total Assets |
Assets
|
$314.67K | USD | Point-in-time |
| Accounts Payable & Accrued Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$231.73K | USD | Point-in-time |
| Accounts Payable & Accrued Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$256.50K | USD | Point-in-time |
| Employee Tax Deductions Payable |
EmployeeRelatedLiabilitiesCurrent
|
$1.01M | USD | Point-in-time |
| Employee Tax Deductions Payable |
EmployeeRelatedLiabilitiesCurrent
|
$832.83K | USD | Point-in-time |
| MoCoins Liability |
CustomerLoyaltyProgramLiabilityCurrent
|
$2.64K | USD | Point-in-time |
| MoCoins Liability |
CustomerLoyaltyProgramLiabilityCurrent
|
$33.39K | 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
|
$1.43M | USD | Point-in-time |
| Loans from Shareholder (Note 6) |
LoansFromShareholder
|
$1.82M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$3.14M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$2.51M | 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
|
$5.22K | USD | Point-in-time |
| Capital Stock; par value $0.0001 (Note 8) |
CommonStockValue
|
$5.22K | USD | Point-in-time |
| Additional Paid In Capital |
AdditionalPaidInCapital
|
$3.47M | USD | Point-in-time |
| Additional Paid In Capital |
AdditionalPaidInCapital
|
$3.56M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-6.69M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-6.15M | USD | Point-in-time |
| Foreign Currency Translation |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$480.20K | USD | Point-in-time |
| Foreign Currency Translation |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$304.48K | USD | Point-in-time |
| Total Stockholders' Deficit |
StockholdersEquity
|
$-2.82M | USD | Point-in-time |
| Total Stockholders' Deficit |
StockholdersEquity
|
$-2.19M | USD | Point-in-time |
| Total Liabilities and Stockholders' Deficit |
LiabilitiesAndStockholdersEquity
|
$318.10K | USD | Point-in-time |
| Total Liabilities and Stockholders' Deficit |
LiabilitiesAndStockholdersEquity
|
$314.67K | USD | Point-in-time |
Income Statement
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Salaries, Consultants & Contractors |
SalariesConsultantsAndContractors
|
$291.42K | USD | 1 Quarter |
| Salaries, Consultants & Contractors |
SalariesConsultantsAndContractors
|
$337.60K | USD | 1 Quarter |
| General & Administrative Expenses |
GeneralAndAdministrativeExpense
|
$110.46K | USD | 1 Quarter |
| General & Administrative Expenses |
GeneralAndAdministrativeExpense
|
$74.51K | USD | 1 Quarter |
| Occupancy Costs |
OccupancyCosts
|
$27.60K | USD | 1 Quarter |
| Occupancy Costs |
OccupancyCosts
|
$33.36K | USD | 1 Quarter |
| Share Based Compensation (Note 9) |
ShareBasedCompensation
|
$97.66K | USD | 1 Quarter |
| Share Based Compensation (Note 9) |
ShareBasedCompensation
|
$98.93K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.66K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.82K | USD | 1 Quarter |
| Total Operating Expense & Loss before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-541.03K | USD | 1 Quarter |
| Total Operating Expense & Loss before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-537.99K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-541.03K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-537.99K | USD | 1 Quarter |
| Foreign Currency Translation Adjustment, Net of Taxes |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$135.10K | USD | 1 Quarter |
| Foreign Currency Translation Adjustment, Net of Taxes |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$175.72K | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$135.10K | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTax
|
$175.72K | USD | 1 Quarter |
| Total Comprehensive Loss |
ComprehensiveIncomeNetOfTax
|
$-402.89K | USD | 1 Quarter |
| Total Comprehensive Loss |
ComprehensiveIncomeNetOfTax
|
$-365.31K | USD | 1 Quarter |
| Net (Loss) per common share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Net (Loss) per common share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Weighted Average Number of Shares Outstanding - Basic and diluted during the period |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
52.20M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding - Basic and diluted during the period |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
45.80M | shares | 1 Quarter |
Cash Flow Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (Loss) |
NetIncomeLoss
|
$-541.03K | USD | 1 Quarter |
| Net (Loss) |
NetIncomeLoss
|
$-537.99K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.66K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.82K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$97.66K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$98.93K | USD | 1 Quarter |
| (Decrease) in Prepaids & Other Assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.68K | USD | 1 Quarter |
| (Decrease) in Prepaids & Other Assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$9.85K | USD | 1 Quarter |
| Increase (Decrease) in MoCoinsTM liability |
IncreaseInMocoinsLiability
|
$28.90K | USD | 1 Quarter |
| Increase (Decrease) in MoCoinsTM liability |
IncreaseInMocoinsLiability
|
$-158.00 | USD | 1 Quarter |
| Increase (Decrease) in Accounts Payable & Accrued Liabilities and Employee Tax Deductions Payable |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-3.61K | USD | 1 Quarter |
| Increase (Decrease) in Accounts Payable & Accrued Liabilities and Employee Tax Deductions Payable |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$128.25K | USD | 1 Quarter |
| Net Cash Flows used in Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-440.69K | USD | 1 Quarter |
| Net Cash Flows used in Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-301.77K | USD | 1 Quarter |
| Shares to be issued |
CommonStockShareToBeIssuedForSubscriptionPayable
|
$70.00 | USD | 1 Quarter |
| Shares to be issued |
CommonStockShareToBeIssuedForSubscriptionPayable
|
- | USD | 1 Quarter |
| Additional Paid In Capital (Cash portion) |
ProceedsFromAdditionalPaidInCapital
|
$204.40K | USD | 1 Quarter |
| Additional Paid In Capital (Cash portion) |
ProceedsFromAdditionalPaidInCapital
|
- | USD | 1 Quarter |
| Increase in Shareholder's Loan |
IncreaseInShareholdersLoan
|
$120.84K | USD | 1 Quarter |
| Increase in Shareholder's Loan |
IncreaseInShareholdersLoan
|
$282.06K | USD | 1 Quarter |
| Net Cash Flows from Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$282.06K | USD | 1 Quarter |
| Net Cash Flows from Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$325.31K | USD | 1 Quarter |
| Purchases of Capital Equipment |
PaymentsToAcquireProductiveAssets
|
$1.13K | USD | 1 Quarter |
| Purchases of Capital Equipment |
PaymentsToAcquireProductiveAssets
|
- | USD | 1 Quarter |
| Net Cash Flows used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Net Cash Flows used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.13K | USD | 1 Quarter |
| Net Cash Flows |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-116.51K | USD | 1 Quarter |
| Net Cash Flows |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-19.71K | USD | 1 Quarter |
| Effects of Exchange Rate on Cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$38.74K | USD | 1 Quarter |
| Effects of Exchange Rate on Cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$19.71K | USD | 1 Quarter |
| Cash - Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$6.08K | USD | Point-in-time |
| Cash - Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$143.48K | USD | Point-in-time |
| Cash - Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$65.71K | USD | Point-in-time |
| Cash - Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$6.08K | USD | Point-in-time |
| Cash - End of Period |
CashAndCashEquivalentsAtCarryingValue
|
$6.08K | USD | Point-in-time |
| Cash - End of Period |
CashAndCashEquivalentsAtCarryingValue
|
$143.48K | USD | Point-in-time |
| Cash - End of Period |
CashAndCashEquivalentsAtCarryingValue
|
$65.71K | USD | Point-in-time |
| Cash - End of Period |
CashAndCashEquivalentsAtCarryingValue
|
$6.08K | USD | Point-in-time |
| Interest Paid |
InterestPaid
|
- | USD | 1 Quarter |
| Interest Paid |
InterestPaid
|
- | USD | 1 Quarter |
| Income Taxes Paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Income Taxes Paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
Stockholders Equity
9 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$-2.82M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$-2.19M | USD | Point-in-time |
| Shares granted to employees (Note 9) |
StockIssuedDuringPeriodValueOther
|
$88.31K | USD | 1 Quarter |
| Issuance of director stock options |
IssuanceOfStockOptions
|
- | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
$-175.72K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-541.03K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-537.99K | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$-2.82M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$-2.19M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.