10-Q Filing

PONY GROUP INC. CIK: 1784058 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001213900-22-048015`
Period End Date	20220630
Filing Date	20220815
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	f10q0622_ponygroup_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 62 Cash Flow Statement 34 Stockholders Equity 14

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
Ordinary shares, authorized	`CommonStockSharesAuthorized`	70.00M	shares	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`	$44.80K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$266.01K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$29.11K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$47.84K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$301.00	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$502.00	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`	$323.15K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$83.41K	USD	Point-in-time
Total assets	`Assets`	$323.15K	USD	Point-in-time
Total assets	`Assets`	$83.41K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.29K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.05K	USD	Point-in-time
Other payable- related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$286.15K	USD	Point-in-time
Other payable- related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$356.45K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$102.93K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$23.24K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$426.13K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$410.98K	USD	Point-in-time
Total liabilities	`Liabilities`	$410.98K	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 June 30, 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 June 30, 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`	$-897.00	USD	Point-in-time
Accumulated foreign currency exchange loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-10.16K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-280.33K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-514.17K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-62.87K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-102.98K	USD	Point-in-time
Total Pony Group Inc stockholders equity	`StockholdersEquity`	$-327.57K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-327.57K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-102.98K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$83.41K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$323.15K	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$40.01K	USD	1 Quarter
Revenue	`Revenues`	$52.27K	USD	2 Qtrs
Revenue	`Revenues`	$53.56K	USD	2 Qtrs
Revenue	`Revenues`	$23.70K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$20.80K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$31.59K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$52.25K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$6.77K	USD	1 Quarter
Gross profit	`GrossProfit`	$16.93K	USD	1 Quarter
Gross profit	`GrossProfit`	$21.97K	USD	2 Qtrs
Gross profit	`GrossProfit`	$19.20K	USD	1 Quarter
Gross profit	`GrossProfit`	$23.00	USD	2 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$55.65K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$123.78K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$238.12K	USD	2 Qtrs
General & administrative expenses	`GeneralAndAdministrativeExpense`	$78.81K	USD	2 Qtrs
R&D expense	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
R&D expense	`ResearchAndDevelopmentExpense`	-	USD	2 Qtrs
R&D expense	`ResearchAndDevelopmentExpense`	$10.19K	USD	1 Quarter
R&D expense	`ResearchAndDevelopmentExpense`	$17.26K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$255.38K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$78.81K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$133.96K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$55.65K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-78.78K	USD	2 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-117.03K	USD	1 Quarter
Income (loss) from operation	`OperatingIncomeLoss`	$-233.41K	USD	2 Qtrs
Income (loss) from operation	`OperatingIncomeLoss`	$-36.44K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-19.91K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$473.00	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-20.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$439.00	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$439.00	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$-19.91K	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$473.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$-20.00K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-117.51K	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-233.85K	USD	2 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-58.88K	USD	2 Qtrs
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-16.43K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-117.51K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-58.88K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-233.85K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-16.43K	USD	1 Quarter
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`	$-16.43K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-117.51K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-233.85K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-58.88K	USD	2 Qtrs
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`	$-0.02	USD	2 Qtrs
Basic and diluted earnings (loss) per common share (in Dollars per share)	`EarningsPerShareBasic`	$-0.00	USD	1 Quarter
Basic and diluted earnings (loss) per common share (in Dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
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	2 Qtrs
Weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.50M	shares	2 Qtrs
Weighted average number of shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.50M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-117.51K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-58.88K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-233.85K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-16.43K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-18.73K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-27.32K	USD	2 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$1.00	USD	2 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$201.00	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.76K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.87K	USD	2 Qtrs
Other payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$51.03K	USD	2 Qtrs
Other payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-79.69K	USD	2 Qtrs
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-300.77K	USD	2 Qtrs
Cash provided (used) in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.34K	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`	-	USD	2 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$70.30K	USD	2 Qtrs
Advance from (repayment to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-35.40K	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$70.30K	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.40K	USD	2 Qtrs
Effects of currency translation on cash	`EffectsOfCurrencyTranslationOnCash`	$-9.26K	USD	2 Qtrs
Effects of currency translation on cash	`EffectsOfCurrencyTranslationOnCash`	$2.85K	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-221.21K	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-11.91K	USD	2 Qtrs
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.80K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.96K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$275.05K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.01K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.80K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.96K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$275.05K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.01K	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-62.87K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$-102.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$-327.57K	USD	Point-in-time
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.26K	USD	2 Qtrs
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.85K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-117.51K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-58.88K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-233.85K	USD	2 Qtrs
Net (Loss)	`NetIncomeLoss`	$-16.43K	USD	1 Quarter
Balance	`StockholdersEquity`	$-62.87K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$-102.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$-327.57K	USD	Point-in-time

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