10-Q Filing

MAKAMER HOLDINGS, INC. CIK: 1632081 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001213900-19-015536`
Period End Date	20190630
Filing Date	20190813
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	cik0001632081-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 64 Cash Flow Statement 44 Stockholders Equity 21

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$923.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$5.34K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.24M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.24M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$269.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$609.00	USD	Point-in-time
Inventory	`InventoryNet`	$694.00	USD	Point-in-time
Inventory	`InventoryNet`	$906.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.51K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$963.00	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$9.73K	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$13.35K	USD	Point-in-time
Total Assets	`Assets`	$14.87K	USD	Point-in-time
Total Assets	`Assets`	$10.69K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$138.54K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$168.68K	USD	Point-in-time
Due to Officers - related parties	`DueToOfficersOrStockholdersCurrent`	$38.41K	USD	Point-in-time
Due to Officers - related parties	`DueToOfficersOrStockholdersCurrent`	$33.96K	USD	Point-in-time
Note payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$114.52K	USD	Point-in-time
Note payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$152.62K	USD	Point-in-time
Note payable	`NotesPayableCurrent`	$81.00K	USD	Point-in-time
Note payable	`NotesPayableCurrent`	$81.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$368.02K	USD	Point-in-time
Total Liabilities	`Liabilities`	$440.71K	USD	Point-in-time
Commitments and Contingencies (See Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (See Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized, 5,235,340 and 5,235,340 issued and outstanding, respectively	`CommonStockValue`	$523.00	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized, 5,235,340 and 5,235,340 issued and outstanding, respectively	`CommonStockValue`	$523.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$303.90K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$319.33K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-749.87K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-657.58K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-387.88K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-269.92K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-301.89K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-320.34K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-430.02K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-353.15K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$10.69K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$14.87K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$8.81K	USD	2 Qtrs
Sales	`Revenues`	$17.95K	USD	2 Qtrs
Sales	`Revenues`	$4.21K	USD	1 Quarter
Sales	`Revenues`	$9.31K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$8.42K	USD	2 Qtrs
Food, beverage and supplies	`CostOfServicesCatering`	$7.36K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$4.47K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$11.05K	USD	2 Qtrs
Labor	`LaborAndRelatedExpense`	$136.00	USD	2 Qtrs
Labor	`LaborAndRelatedExpense`	-	USD	1 Quarter
Labor	`LaborAndRelatedExpense`	-	USD	2 Qtrs
Labor	`LaborAndRelatedExpense`	-	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$2.37K	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$1.24K	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$4.89K	USD	2 Qtrs
Direct operating and occupancy	`DirectOperatingCosts`	$4.47K	USD	2 Qtrs
Depreciation	`Depreciation`	$3.63K	USD	2 Qtrs
Depreciation	`Depreciation`	$1.82K	USD	1 Quarter
Depreciation	`Depreciation`	$3.63K	USD	2 Qtrs
Depreciation	`Depreciation`	$1.82K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$11.46K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$7.71K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$32.21K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$24.54K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.05K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.68K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$38.97K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$27.19K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$88.12K	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$47.31K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$30.19K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$68.51K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-50.56K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-43.10K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-20.88K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-79.31K	USD	2 Qtrs
Interest Expense	`InterestExpense`	$6.75K	USD	1 Quarter
Interest Expense	`InterestExpense`	$12.99K	USD	2 Qtrs
Interest Expense	`InterestExpense`	$5.29K	USD	1 Quarter
Interest Expense	`InterestExpense`	$10.04K	USD	2 Qtrs
Total Other Expenses	`OtherNonoperatingIncomeExpense`	$-12.99K	USD	2 Qtrs
Total Other Expenses	`OtherNonoperatingIncomeExpense`	$-5.29K	USD	1 Quarter
Total Other Expenses	`OtherNonoperatingIncomeExpense`	$-10.04K	USD	2 Qtrs
Total Other Expenses	`OtherNonoperatingIncomeExpense`	$-6.75K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-49.85K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-92.30K	USD	2 Qtrs
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-26.16K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-60.60K	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-92.30K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-26.16K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-49.85K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-60.60K	USD	2 Qtrs
Net Loss Per Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net Loss Per Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net Loss Per Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	2 Qtrs
Net Loss Per Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Weighted average number of shares outstanding during the period - Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.24M	shares	2 Qtrs
Weighted average number of shares outstanding during the period - Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.24M	shares	1 Quarter
Weighted average number of shares outstanding during the period - Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.24M	shares	1 Quarter
Weighted average number of shares outstanding during the period - Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.24M	shares	2 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-92.30K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-26.16K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-49.85K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-60.60K	USD	2 Qtrs
In-kind contribution of services	`ShareBasedCompensation`	$15.43K	USD	2 Qtrs
In-kind contribution of services	`ShareBasedCompensation`	$15.43K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$3.63K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$1.82K	USD	1 Quarter
Depreciation expense	`Depreciation`	$3.63K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$1.82K	USD	1 Quarter
(Increase) Decrease in inventory	`IncreaseDecreaseInInventories`	$220.00	USD	2 Qtrs
(Increase) Decrease in inventory	`IncreaseDecreaseInInventories`	$-212.00	USD	2 Qtrs
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-901.00	USD	2 Qtrs
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$30.14K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$20.16K	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.71K	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-42.89K	USD	2 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from/due to officers	`ProceedsFromRelatedPartyDebt`	$4.45K	USD	2 Qtrs
Proceeds from/due to officers	`ProceedsFromRelatedPartyDebt`	$2.29K	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$5.00K	USD	2 Qtrs
Proceeds from note payable - related party, net of repayment	`ProceedsFromSecuredNotesPayable`	$19.00K	USD	2 Qtrs
Proceeds from note payable - related party, net of repayment	`ProceedsFromSecuredNotesPayable`	$38.10K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$16.29K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$42.55K	USD	2 Qtrs
Net Decrease in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.42K	USD	2 Qtrs
Net Decrease in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-340.00	USD	2 Qtrs
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$923.00	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$5.34K	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$269.00	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$609.00	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$923.00	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$5.34K	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$269.00	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$609.00	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Repurchase of common stock in exchange for a note payable - related party	`RepurchaseOfCommonStockInExchangeForNotePayableRelatedParty`	-	USD	2 Qtrs
Repurchase of common stock in exchange for a note payable - related party	`RepurchaseOfCommonStockInExchangeForNotePayableRelatedParty`	$5.25K	USD	2 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance beginning	`StockholdersEquity`	$-387.88K	USD	Point-in-time
Balance beginning	`StockholdersEquity`	$-269.92K	USD	Point-in-time
Balance beginning	`StockholdersEquity`	$-301.89K	USD	Point-in-time
Balance beginning	`StockholdersEquity`	$-320.34K	USD	Point-in-time
Balance beginning	`StockholdersEquity`	$-430.02K	USD	Point-in-time
Balance beginning	`StockholdersEquity`	$-353.15K	USD	Point-in-time
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.25K	USD	2 Qtrs
In kind contribution of services	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.71K	USD	1 Quarter
In kind contribution of services	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.71K	USD	1 Quarter
In kind contribution of services	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.43K	USD	2 Qtrs
In kind contribution of services	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.43K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-92.30K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-26.16K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.85K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.60K	USD	2 Qtrs
Balance ending	`StockholdersEquity`	$-387.88K	USD	Point-in-time
Balance ending	`StockholdersEquity`	$-269.92K	USD	Point-in-time
Balance ending	`StockholdersEquity`	$-301.89K	USD	Point-in-time
Balance ending	`StockholdersEquity`	$-320.34K	USD	Point-in-time
Balance ending	`StockholdersEquity`	$-430.02K	USD	Point-in-time
Balance ending	`StockholdersEquity`	$-353.15K	USD	Point-in-time

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