10-Q/A Filing

PONY GROUP INC. CIK: 1784058 Q3 2020

Filing Information

Form Type	10-Q/A
Accession Number	`0001213900-21-039958`
Period End Date	20200930
Filing Date	20210803
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	ck0001784058-20200930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 55 Cash Flow Statement 34 Stockholders Equity 18

Balance Sheet 48 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.49K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Ordinary 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`	$258.84K	USD	Point-in-time
Ordinary shares, authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$15.90K	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	9.00M	shares	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$31.00	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	9.00M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$159.00	USD	Point-in-time
Other receivables-related party	`OtherReceivablesrelatedParty`	$9.00K	USD	Point-in-time
Other receivables-related party	`OtherReceivablesrelatedParty`	$9.00K	USD	Point-in-time
Deferred offering cost	`DeferredOfferingCosts`	-	USD	Point-in-time
Deferred offering cost	`DeferredOfferingCosts`	$48.50K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$101.63K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$283.89K	USD	Point-in-time
Total assets	`Assets`	$283.89K	USD	Point-in-time
Total assets	`Assets`	$101.63K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$217.79K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$210.84K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$15.94K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$72.99K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$283.82K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$233.73K	USD	Point-in-time
Total liabilities	`Liabilities`	$283.82K	USD	Point-in-time
Total liabilities	`Liabilities`	$233.73K	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 September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$9.00K	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 September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$11.50K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$176.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-3.96K	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-565.00	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-140.53K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-183.47K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$69.00	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-117.62K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.00	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-132.10K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$283.89K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$101.63K	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$16.18K	USD	1 Quarter
Revenue	`Revenues`	$42.50K	USD	3 Qtrs
Revenue	`Revenues`	$15.66K	USD	1 Quarter
Revenue	`Revenues`	$38.37K	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$12.39K	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$36.35K	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$12.78K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$2.35K	USD	1 Quarter
Gross profit	`GrossProfit`	$3.40K	USD	1 Quarter
Gross profit	`GrossProfit`	$25.98K	USD	3 Qtrs
Gross profit	`GrossProfit`	$13.31K	USD	1 Quarter
Gross profit	`GrossProfit`	$6.14K	USD	3 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$31.56K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$108.33K	USD	3 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$70.36K	USD	3 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$37.59K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.24K	USD	3 Qtrs
Selling expenses	`SellingExpense`	-	USD	1 Quarter
Selling expenses	`SellingExpense`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$31.56K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$70.36K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$37.59K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$109.57K	USD	3 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-28.17K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-44.37K	USD	3 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-103.43K	USD	3 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-24.28K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.58K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.52K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$89.00	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.44K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$1.44K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$-1.52K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$89.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.58K	USD	3 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.93K	USD	3 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-101.85K	USD	3 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-28.08K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.80K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-28.08K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-25.80K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-42.93K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-101.85K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-28.08K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-25.80K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-42.93K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-101.85K	USD	3 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-42.93K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-28.08K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-101.85K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-25.80K	USD	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-28.08K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-25.80K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-42.93K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-101.85K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.59K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.90K	USD	3 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$128.00	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$10.03K	USD	3 Qtrs
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	-	USD	3 Qtrs
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	$57.05K	USD	3 Qtrs
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-107.41K	USD	3 Qtrs
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.91K	USD	3 Qtrs
Investment in Pony HK	`PaymentsToAcquireInvestments`	$1.27K	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.27K	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Pay for deferred offering cost	`PayForDeferredOfferingCost`	$23.00K	USD	3 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$105.50K	USD	3 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-6.95K	USD	3 Qtrs
Proceed from Issue of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$2.00	USD	3 Qtrs
Proceed from Issue of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$250.00K	USD	3 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$105.50K	USD	3 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$220.05K	USD	3 Qtrs
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.40K	USD	3 Qtrs
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-125.00	USD	3 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$214.74K	USD	3 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.30K	USD	3 Qtrs
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.49K	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 beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$258.84K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.49K	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
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$258.84K	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$69.00	USD	Point-in-time
Balance	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Balance	`StockholdersEquity`	$-117.62K	USD	Point-in-time
Proceeds from private placement offering	`ProceedsFromIssuanceOfPrivatePlacement`	$9.00K	USD	3 Qtrs
Purchase from sole owner	`PurchaseFromSoleOwner`	$-1.29K	USD	3 Qtrs
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$178.50K	USD	3 Qtrs
Common stock issued (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	1,500.00	shares	Point-in-time
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.40K	USD	3 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-590.00	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-101.84K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-42.93K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-13.89K	USD	1 Quarter
Balance	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$69.00	USD	Point-in-time
Balance	`StockholdersEquity`	$-23.48K	USD	Point-in-time
Balance	`StockholdersEquity`	$-117.62K	USD	Point-in-time

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