10-Q Filing

PONY GROUP INC. CIK: 1784058 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001213900-22-026927`
Period End Date	20220331
Filing Date	20220516
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	f10q0322_ponygroupinc_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 34 Cash Flow Statement 31 Stockholders Equity 12

Balance Sheet 46 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.46K	USD	Point-in-time
Ordinary shares, authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$266.01K	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.50M	shares	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$47.84K	USD	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$20.10K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$325.00	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$301.00	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	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`	$323.15K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$175.89K	USD	Point-in-time
Total assets	`Assets`	$175.89K	USD	Point-in-time
Total assets	`Assets`	$323.15K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.05K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.57K	USD	Point-in-time
Other payable- related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$283.24K	USD	Point-in-time
Other payable- related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$286.15K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$92.85K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$102.93K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$426.13K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$395.65K	USD	Point-in-time
Total liabilities	`Liabilities`	$395.65K	USD	Point-in-time
Total liabilities	`Liabilities`	$426.13K	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, 2022 and December 31, 2021, 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, 2022 and December 31, 2021, 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`	$-10.16K	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-10.60K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-396.67K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-280.33K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-102.98K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-219.77K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-45.67K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-219.77K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-102.98K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$323.15K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$175.89K	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$12.27K	USD	1 Quarter
Revenue	`Revenues`	$29.87K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$24.82K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$31.45K	USD	1 Quarter
Gross profit	`GrossProfit`	$5.04K	USD	1 Quarter
Gross profit	`GrossProfit`	$-19.18K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$23.16K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$114.35K	USD	1 Quarter
R&D expense	`ResearchAndDevelopmentExpense`	$7.07K	USD	1 Quarter
R&D expense	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$23.16K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$121.42K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-116.37K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-42.34K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-34.00	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$99.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$-34.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$99.00	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-116.34K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-42.44K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-42.44K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-116.34K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-42.44K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-116.34K	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossBeforeTax`	-	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-116.34K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.44K	USD	1 Quarter
Basic and diluted earnings (loss) per common share (in Dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic and diluted earnings (loss) per common share (in Dollars per share)	`EarningsPerShareBasic`	$-0.00	USD	1 Quarter
Weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.50M	shares	1 Quarter
Weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.50M	shares	1 Quarter

Cash Flow Statement 31 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-42.44K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-116.34K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.96K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-27.73K	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$-1.00	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$24.00	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.79K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.48K	USD	1 Quarter
Other payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-11.81K	USD	1 Quarter
Other payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-10.08K	USD	1 Quarter
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.49K	USD	1 Quarter
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-116.19K	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Pay for deferred offering cost	`PayForDeferredOfferingCost`	-	USD	1 Quarter
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$13.09K	USD	1 Quarter
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-2.92K	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.92K	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.09K	USD	1 Quarter
Effects of currency translation on cash	`EffectsOfCurrencyTranslationOnCash`	$442.00	USD	1 Quarter
Effects of currency translation on cash	`EffectsOfCurrencyTranslationOnCash`	$1.76K	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-119.55K	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-22.16K	USD	1 Quarter
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.62K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.01K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.46K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$264.47K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.62K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.01K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.46K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$264.47K	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-102.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$-219.77K	USD	Point-in-time
Balance	`StockholdersEquity`	$-45.67K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-442.00	USD	1 Quarter
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.76K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-42.44K	USD	1 Quarter
Net (Loss)	`ProfitLoss`	$-116.43K	USD	1 Quarter
Balance	`StockholdersEquity`	$-102.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$-219.77K	USD	Point-in-time
Balance	`StockholdersEquity`	$-45.67K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time

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