10-Q Filing

PONY GROUP INC. CIK: 1784058 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-039962`
Period End Date	20210331
Filing Date	20210803
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	ck0001784058-20210331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 34 Cash Flow Statement 30 Stockholders Equity 16

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
Ordinary shares, authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Ordinary shares, authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.07K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$286.96K	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$264.80K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$40.70K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$24.75K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$166.00	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$165.00	USD	Point-in-time
Other receivables-related parties	`AccountsAndOtherReceivablesNetCurrent`	$9.00K	USD	Point-in-time
Other receivables-related parties	`AccountsAndOtherReceivablesNetCurrent`	$9.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$336.83K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$298.71K	USD	Point-in-time
Total assets	`Assets`	$336.83K	USD	Point-in-time
Total assets	`Assets`	$298.71K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.59K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.38K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$300.48K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$313.58K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$27.89K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$16.09K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$344.05K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$337.97K	USD	Point-in-time
Total liabilities	`Liabilities`	$344.05K	USD	Point-in-time
Total liabilities	`Liabilities`	$337.97K	USD	Point-in-time
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 shares issued and outstanding as of March 31 2021 and December 31, 2020, respectively*	`CommonStockValue`	$11.50K	USD	Point-in-time
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 shares issued and outstanding as of March 31 2021 and December 31, 2020, respectively*	`CommonStockValue`	$11.50K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$176.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$176.00K	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-6.32K	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-8.08K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-224.76K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-182.32K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-142.12K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-45.34K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-45.34K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.14K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$336.83K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$298.71K	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$12.27K	USD	1 Quarter
Revenue	`Revenues`	$8.73K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$6.13K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$31.45K	USD	1 Quarter
Gross profit	`GrossProfit`	$-19.18K	USD	1 Quarter
Gross profit	`GrossProfit`	$2.60K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$12.58K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$23.16K	USD	1 Quarter
Selling expenses	`SellingExpense`	-	USD	1 Quarter
Selling expenses	`SellingExpense`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$23.16K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.58K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-42.34K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-9.97K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-99.00	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$242.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$-99.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$242.00	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.44K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.73K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-9.73K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-42.44K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-9.73K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-42.44K	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-9.73K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-42.44K	USD	1 Quarter
Basic and diluted earnings (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
Basic and diluted earnings (loss) per common share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
Weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.00M	shares	1 Quarter
Weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.50M	shares	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-9.73K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-42.44K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.41K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.96K	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$18.00	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$-1.00	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$4.79K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	-	USD	1 Quarter
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	-	USD	1 Quarter
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	$-11.81K	USD	1 Quarter
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.49K	USD	1 Quarter
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.16K	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$10.96K	USD	1 Quarter
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$13.09K	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.96K	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.09K	USD	1 Quarter
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-839.00	USD	1 Quarter
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.76K	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.16K	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.04K	USD	1 Quarter
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$37.07K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$286.96K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$264.80K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$37.07K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$286.96K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$264.80K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-142.12K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$-45.34K	USD	Point-in-time
Balance	`StockholdersEquity`	$-132.10K	USD	Point-in-time
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`	$-1.76K	USD	1 Quarter
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.47K	USD	3 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-286.00	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-32.05K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-9.73K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-42.44K	USD	1 Quarter
Balance	`StockholdersEquity`	$-142.12K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$-45.34K	USD	Point-in-time
Balance	`StockholdersEquity`	$-132.10K	USD	Point-in-time

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