10-Q Filing

PONY GROUP INC. CIK: 1784058 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001213900-23-039787`
Period End Date	20230331
Filing Date	20230515
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	f10q0323_ponygroup_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 29 Cash Flow Statement 30 Stockholders Equity 12

Balance Sheet 42 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`	$49.80K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.54K	USD	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$14.44K	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`	$10.72K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$26.50K	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.50M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$285.00	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`	$69.81K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$75.47K	USD	Point-in-time
Total assets	`Assets`	$69.81K	USD	Point-in-time
Total assets	`Assets`	$75.47K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.79K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.34K	USD	Point-in-time
Other payable- related parties	`NotesPayableCurrent`	$378.75K	USD	Point-in-time
Other payable- related parties	`NotesPayableCurrent`	$387.84K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$66.33K	USD	Point-in-time
Other current liability	`OtherLiabilitiesCurrent`	$15.26K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$425.35K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$488.96K	USD	Point-in-time
Total liabilities	`Liabilities`	$488.96K	USD	Point-in-time
Total liabilities	`Liabilities`	$425.35K	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, 2023 and December 31, 2022, 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, 2023 and December 31, 2022, 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 other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$5.46K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$6.36K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-549.40K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-606.46K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-413.49K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-355.54K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$75.47K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$69.81K	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$56.17K	USD	1 Quarter
Diluted earnings (loss) per common share	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Revenue	`Revenues`	$29.87K	USD	1 Quarter
Diluted earnings (loss) per common share	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$24.60K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$24.82K	USD	1 Quarter
Gross profit	`GrossProfit`	$31.56K	USD	1 Quarter
Gross profit	`GrossProfit`	$5.04K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$114.35K	USD	1 Quarter
General & administrative expenses	`GeneralAndAdministrativeExpense`	$88.53K	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$7.07K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$88.53K	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`	$-56.97K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-34.00	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$79.00	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-34.00	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$79.00	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-116.34K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-57.05K	USD	1 Quarter
Foreign Currency Translation	`OtherComprehensiveIncomeLossBeforeTax`	$-899.00	USD	1 Quarter
Foreign Currency Translation	`OtherComprehensiveIncomeLossBeforeTax`	$-442.00	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-57.95K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-116.78K	USD	1 Quarter
Basic and diluted net loss per common share (in Dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic and diluted net loss per common share (in Dollars per share)	`EarningsPerShareBasic`	$-0.01	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 30 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-116.34K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-57.05K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-27.73K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.71K	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$24.00	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$26.21K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.48K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.45K	USD	1 Quarter
Other payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-10.08K	USD	1 Quarter
Other payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$51.08K	USD	1 Quarter
Cash provided used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-32.45K	USD	1 Quarter
Cash provided used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-116.19K	USD	1 Quarter
Cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Advance from (repayment to) related party	`ProceedsFromIssuanceOfCommonStock`	$9.09K	USD	1 Quarter
Advance from (repayment to) related party	`ProceedsFromIssuanceOfCommonStock`	$-2.92K	USD	1 Quarter
Cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.09K	USD	1 Quarter
Cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.92K	USD	1 Quarter
Effects of currency translation on cash	`EffectsOfCurrencyTranslationOnCash`	$442.00	USD	1 Quarter
Effects of currency translation on cash	`EffectsOfCurrencyTranslationOnCash`	$899.00	USD	1 Quarter
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-119.55K	USD	1 Quarter
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-24.26K	USD	1 Quarter
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.54K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.46K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.80K	USD	Point-in-time
Cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.01K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.54K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.46K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.80K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.01K	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`	$-413.50K	USD	Point-in-time
Balance	`StockholdersEquity`	$-355.54K	USD	Point-in-time
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-899.00	USD	1 Quarter
Cumulative Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-442.00	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-116.34K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-57.05K	USD	1 Quarter
Balance	`StockholdersEquity`	$-102.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$-219.77K	USD	Point-in-time
Balance	`StockholdersEquity`	$-413.50K	USD	Point-in-time
Balance	`StockholdersEquity`	$-355.54K	USD	Point-in-time

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