10-Q Filing

PONY GROUP INC. CIK: 1784058 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001213900-20-038813`
Period End Date	20200630
Filing Date	20201123
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	ck0001784058-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 60 Cash Flow Statement 31 Stockholders Equity 19

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.49K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.77K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.79K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$31.00	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$152.00	USD	Point-in-time
Deferred offering cost	`DeferredOfferingCosts`	$48.50K	USD	Point-in-time
Deferred offering cost	`DeferredOfferingCosts`	$71.50K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$96.15K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$92.64K	USD	Point-in-time
Total assets	`Assets`	$96.15K	USD	Point-in-time
Total assets	`Assets`	$92.64K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$217.79K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$186.36K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$15.94K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$69.73K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$256.09K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$233.73K	USD	Point-in-time
Total liabilities	`Liabilities`	$233.73K	USD	Point-in-time
Total liabilities	`Liabilities`	$256.09K	USD	Point-in-time
Common stock	`CommonStockValue`	$2.00	USD	Point-in-time
Common stock	`CommonStockValue`	$2.00	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-1.94K	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-565.00	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-158.50K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-140.53K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-141.10K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-98.59K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-159.94K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-159.94K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-141.10K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$96.15K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$92.64K	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$26.32K	USD	2 Qtrs
Revenue	`Revenues`	$22.71K	USD	2 Qtrs
Revenue	`Revenues`	$13.25K	USD	1 Quarter
Revenue	`Revenues`	$13.98K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$10.04K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$12.68K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$3.91K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$23.58K	USD	2 Qtrs
Gross profit	`GrossProfit`	$12.67K	USD	2 Qtrs
Gross profit	`GrossProfit`	$575.00	USD	1 Quarter
Gross profit	`GrossProfit`	$2.75K	USD	2 Qtrs
Gross profit	`GrossProfit`	$10.07K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$32.77K	USD	2 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$20.19K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$24.28K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$76.76K	USD	2 Qtrs
Selling expenses	`SellingExpense`	-	USD	1 Quarter
Selling expenses	`SellingExpense`	-	USD	1 Quarter
Selling expenses	`SellingExpense`	-	USD	2 Qtrs
Selling expenses	`SellingExpense`	$1.24K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$78.01K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$32.77K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$20.19K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$24.28K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-10.12K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-75.26K	USD	2 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-20.10K	USD	2 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-23.70K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.39K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.42K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.63K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.49K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$2.63K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$2.39K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.42K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.49K	USD	2 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.28K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.73K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.47K	USD	2 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-73.77K	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-41.97K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-17.47K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-73.77K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-22.28K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-7.73K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-41.97K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-17.47K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-73.77K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-22.28K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-7.73K	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-7.73K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-17.47K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-22.28K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-73.77K	USD	2 Qtrs

Cash Flow Statement 31 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-41.97K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-17.47K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-73.77K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-22.28K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-7.73K	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$28.00	USD	2 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$121.00	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.85K	USD	2 Qtrs
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	$53.79K	USD	2 Qtrs
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.20K	USD	2 Qtrs
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-64.95K	USD	2 Qtrs
Investment in Pony HK	`PaymentsToAcquireInvestments`	$1.27K	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.27K	USD	2 Qtrs
Pay for deferred offering cost	`PayForDeferredOfferingCost`	$23.00K	USD	2 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$89.27K	USD	2 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-31.43K	USD	2 Qtrs
Proceed from Issue of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$2.00	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$89.27K	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-54.43K	USD	2 Qtrs
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.38K	USD	2 Qtrs
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$77.00	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.61K	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$22.98K	USD	2 Qtrs
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$24.49K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$33.77K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$10.79K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.49K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.77K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.79K	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-141.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Balance	`StockholdersEquity`	$-98.59K	USD	Point-in-time
Balance	`StockholdersEquity`	$-159.94K	USD	Point-in-time
Proceeds from private placement offering	`StockIssuedDuringPeriodValueNewIssues`	$2.00	USD	2 Qtrs
Proceeds from private placement offering (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	1,500.00	shares	Point-in-time
Purchase from sole owner	`StockIssuedDuringPeriodValuePurchaseFromSoleOwner`	$-1.29K	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-535.00	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.00	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.38K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-41.97K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-17.47K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-73.77K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-22.28K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-7.73K	USD	1 Quarter
Balance	`StockholdersEquity`	$-141.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Balance	`StockholdersEquity`	$-98.59K	USD	Point-in-time
Balance	`StockholdersEquity`	$-159.94K	USD	Point-in-time

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