10-Q Filing

PONY GROUP INC. CIK: 1784058 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-059573`
Period End Date	20210930
Filing Date	20211115
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	f10q0921_ponygroupinc_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
Ordinary shares, issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$262.64K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$258.84K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$21.47K	USD	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$40.70K	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`	$330.00	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`	$293.44K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$336.83K	USD	Point-in-time
Total assets	`Assets`	$293.44K	USD	Point-in-time
Total assets	`Assets`	$336.83K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.37K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.59K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$289.81K	USD	Point-in-time
Other payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$300.48K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$27.89K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$80.23K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$337.97K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$391.40K	USD	Point-in-time
Total liabilities	`Liabilities`	$337.97K	USD	Point-in-time
Total liabilities	`Liabilities`	$391.40K	USD	Point-in-time
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 shares issued and outstanding as of September 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 September 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`	$-9.32K	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-6.32K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-276.14K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-182.32K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-97.96K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$69.00	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-132.10K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-97.96K	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`	$293.44K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$15.66K	USD	1 Quarter
Revenue	`Revenues`	$82.42K	USD	3 Qtrs
Revenue	`Revenues`	$30.14K	USD	1 Quarter
Revenue	`Revenues`	$38.37K	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$24.80K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$77.05K	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$12.39K	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$2.35K	USD	1 Quarter
Gross profit	`GrossProfit`	$5.37K	USD	3 Qtrs
Gross profit	`GrossProfit`	$25.98K	USD	3 Qtrs
Gross profit	`GrossProfit`	$13.31K	USD	1 Quarter
Gross profit	`GrossProfit`	$5.35K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$117.44K	USD	3 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$70.36K	USD	3 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$37.59K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$38.64K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$117.44K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$70.36K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$38.64K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$37.59K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-112.07K	USD	3 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-33.29K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-44.37K	USD	3 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-24.28K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.44K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.66K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.52K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$18.25K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$18.25K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$-1.52K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.44K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$-1.66K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-42.93K	USD	3 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-34.95K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-93.82K	USD	3 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-25.80K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-25.80K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-34.95K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-93.82K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-42.93K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-25.80K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-34.95K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-93.82K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-42.93K	USD	3 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	3 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-34.95K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-25.80K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-42.93K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-93.82K	USD	3 Qtrs

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-25.80K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-34.95K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-93.82K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-42.93K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.90K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-19.23K	USD	3 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$164.00	USD	3 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$128.00	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$11.78K	USD	3 Qtrs
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	$52.33K	USD	3 Qtrs
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	$57.05K	USD	3 Qtrs
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.64K	USD	3 Qtrs
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.91K	USD	3 Qtrs
Investment in Pony HK	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Investment in Pony HK	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Pay for deferred offering cost	`PayForDeferredOfferingCost`	-	USD	3 Qtrs
Pay for deferred offering cost	`PayForDeferredOfferingCost`	$23.00K	USD	3 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-10.68K	USD	3 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-6.95K	USD	3 Qtrs
Proceed from Issue of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceed from Issue of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$250.00K	USD	3 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$220.05K	USD	3 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.68K	USD	3 Qtrs
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.40K	USD	3 Qtrs
Effects of currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.00K	USD	3 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.32K	USD	3 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$214.74K	USD	3 Qtrs
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$286.96K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$262.64K	USD	Point-in-time
Cash at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$258.84K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.10K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$286.96K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$262.64K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$258.84K	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-97.96K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$69.00	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`	$-3.40K	USD	3 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.98K	USD	3 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.36K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-42.93K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-93.82K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$1.15K	USD	1 Quarter
Balance	`StockholdersEquity`	$-97.96K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$69.00	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.