10-Q/A Filing

PONY GROUP INC. CIK: 1784058 Q2 2020

Filing Information

Form Type	10-Q/A
Accession Number	`0001213900-21-039956`
Period End Date	20200630
Filing Date	20210803
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	cik0001784058-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 59 Cash Flow Statement 32 Stockholders Equity 19

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Ordinary shares, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary shares, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.79K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$274.83K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.92K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$31.00	USD	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	9.00M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$152.00	USD	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	9.00M	shares	Point-in-time
Other receivables-related party	`AccountsAndOtherReceivablesNetCurrent`	$9.00K	USD	Point-in-time
Other receivables-related party	`AccountsAndOtherReceivablesNetCurrent`	$9.00K	USD	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Deferred offering cost	`DeferredOfferingCosts`	$48.50K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$283.98K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$101.63K	USD	Point-in-time
Total assets	`Assets`	$283.98K	USD	Point-in-time
Total assets	`Assets`	$101.63K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$186.36K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$217.79K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$69.73K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$15.94K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$233.73K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$256.09K	USD	Point-in-time
Total liabilities	`Liabilities`	$233.73K	USD	Point-in-time
Total liabilities	`Liabilities`	$256.09K	USD	Point-in-time
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 and 9,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$11.50K	USD	Point-in-time
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 and 9,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$176.00K	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`	$-157.67K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-140.53K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$27.89K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-89.59K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-132.10K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.89K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$283.98K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$101.63K	USD	Point-in-time

Income Statement 59 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$22.71K	USD	2 Qtrs
Revenue	`Revenues`	$13.98K	USD	1 Quarter
Revenue	`Revenues`	$26.32K	USD	2 Qtrs
Revenue	`Revenues`	$13.25K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$23.58K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$3.91K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$10.04K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$12.68K	USD	1 Quarter
Gross profit	`GrossProfit`	$2.75K	USD	2 Qtrs
Gross profit	`GrossProfit`	$12.67K	USD	2 Qtrs
Gross profit	`GrossProfit`	$575.00	USD	1 Quarter
Gross profit	`GrossProfit`	$10.07K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$20.19K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$76.76K	USD	2 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$32.77K	USD	2 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$24.28K	USD	1 Quarter
Selling expenses	`SellingExpense`	-	USD	2 Qtrs
Selling expenses	`SellingExpense`	-	USD	1 Quarter
Selling expenses	`SellingExpense`	-	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.24K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$20.19K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$78.01K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$32.77K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$24.28K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-10.12K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-23.70K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-75.26K	USD	2 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-20.10K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.72K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.96K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.42K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.49K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$2.96K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$1.49K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$1.42K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$2.72K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-73.77K	USD	2 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.40K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.14K	USD	2 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.28K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-41.97K	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`	$-7.40K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-17.14K	USD	2 Qtrs
Net Income (Loss)	`ProfitLoss`	$-17.14K	USD	2 Qtrs
Net Income (Loss)	`ProfitLoss`	$-22.28K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-73.77K	USD	2 Qtrs
Net Income (Loss)	`ProfitLoss`	$-7.40K	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-7.40K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-73.77K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-22.28K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-17.14K	USD	2 Qtrs

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-41.97K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-73.77K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-22.28K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-7.40K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-17.14K	USD	2 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$122.00	USD	2 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$28.00	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`	$36.53K	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`	$250.00K	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`	$195.57K	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`	$23.13K	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$230.72K	USD	2 Qtrs
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$10.79K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$274.83K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$33.92K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.79K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$274.83K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.92K	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Balance	`StockholdersEquity`	$27.89K	USD	Point-in-time
Balance	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$-89.59K	USD	Point-in-time
Proceeds from private placement offering	`ProceedsFromPrivatePlacementOffering`	$9.00K	USD	2 Qtrs
Purchase from sole owner	`StockIssuedDuringPeriodValuePurchaseFromSoleOwner`	$-1.29K	USD	2 Qtrs
Common stock issued	`StockIssuedDuringPeriodValueOther`	$178.50K	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.38K	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.00	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-535.00	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-41.97K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-73.77K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-22.28K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-7.40K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-17.14K	USD	2 Qtrs
Balance	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Balance	`StockholdersEquity`	$27.89K	USD	Point-in-time
Balance	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$-89.59K	USD	Point-in-time

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