10-Q Filing

PONY GROUP INC. CIK: 1784058 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-042644`
Period End Date	20210630
Filing Date	20210816
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	f10q0621_ponygroup_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 56 Cash Flow Statement 38 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`	$274.83K	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$286.96K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$275.05K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	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`	$13.38K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$166.00	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$167.00	USD	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
Total current assets	`AssetsCurrent`	$297.59K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$336.83K	USD	Point-in-time
Total assets	`Assets`	$336.83K	USD	Point-in-time
Total assets	`Assets`	$297.59K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.46K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.59K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$300.48K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$265.08K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$27.89K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$78.92K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$337.97K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$360.46K	USD	Point-in-time
Total liabilities	`Liabilities`	$337.97K	USD	Point-in-time
Total liabilities	`Liabilities`	$360.46K	USD	Point-in-time
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 shares issued and outstanding as of June 30,2021 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 June 30,2021 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`	$-9.18K	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-6.32K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-241.20K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-182.32K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-62.87K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$27.89K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.14K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-62.87K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$297.59K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$336.83K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$22.71K	USD	2 Qtrs
Revenue	`Revenues`	$40.01K	USD	1 Quarter
Revenue	`Revenues`	$52.27K	USD	2 Qtrs
Revenue	`Revenues`	$13.98K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$20.80K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$10.04K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$3.91K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$52.25K	USD	2 Qtrs
Gross profit	`GrossProfit`	$19.20K	USD	1 Quarter
Gross profit	`GrossProfit`	$10.07K	USD	1 Quarter
Gross profit	`GrossProfit`	$23.00	USD	2 Qtrs
Gross profit	`GrossProfit`	$12.67K	USD	2 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$78.81K	USD	2 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$55.65K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$32.77K	USD	2 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$20.19K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$55.65K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$20.19K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$32.77K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$78.81K	USD	2 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-10.12K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-78.78K	USD	2 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-20.10K	USD	2 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-36.44K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.72K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.96K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$19.91K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$20.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$2.72K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$2.96K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$19.91K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$20.00K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-58.88K	USD	2 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-7.40K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-17.14K	USD	2 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-16.43K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	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
Net Income (Loss)	`NetIncomeLoss`	$-7.40K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-17.14K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-16.43K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-58.88K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-7.40K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-17.14K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-16.43K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-58.88K	USD	2 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	2 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	2 Qtrs
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`	$-58.88K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-17.14K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-16.43K	USD	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-7.40K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-17.14K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-16.43K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-58.88K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-27.32K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$122.00	USD	2 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$1.00	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$6.87K	USD	2 Qtrs
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	$51.03K	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`	$26.34K	USD	2 Qtrs
Investment in Pony HK	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Investment in Pony HK	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Pay for deferred offering cost	`PayForDeferredOfferingCost`	-	USD	2 Qtrs
Pay for deferred offering cost	`PayForDeferredOfferingCost`	$23.00K	USD	2 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-31.43K	USD	2 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-35.40K	USD	2 Qtrs
Proceed from Issue of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceed from Issue of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$250.00K	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$195.57K	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.40K	USD	2 Qtrs
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.38K	USD	2 Qtrs
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.85K	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.91K	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$230.72K	USD	2 Qtrs
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$274.83K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$286.96K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$275.05K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$274.83K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$286.96K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$275.05K	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-62.87K	USD	Point-in-time
Balance	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$27.89K	USD	Point-in-time
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$178.50K	USD	2 Qtrs
Common stock issued (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	1,500.00	shares	Point-in-time
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.85K	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.38K	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.38K	USD	2 Qtrs
Net (Loss)	`ProfitLoss`	$-24.65K	USD	2 Qtrs
Net (Loss)	`ProfitLoss`	$-58.88K	USD	2 Qtrs
Net (Loss)	`ProfitLoss`	$-17.14K	USD	2 Qtrs
Balance	`StockholdersEquity`	$-62.87K	USD	Point-in-time
Balance	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$27.89K	USD	Point-in-time

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