10-K Filing

Xenetic Biosciences, Inc. CIK: 1534525 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001255294-12-000898`
Period End Date	20120831
Filing Date	20121214
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	gaif-20120831.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 28 Cash Flow Statement 34 Stockholders Equity 7

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	$32.01K	USD	Point-in-time
Cash	`Cash`	$10.00K	USD	Point-in-time
Preferred Stock, Issued and outstanding	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Issued and outstanding	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	-	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$99.11K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$131.11K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Fixed Assets, net of accumulated depreciation of $19,481 and $0, respectively	`PropertyPlantAndEquipmentNet`	$212.50K	USD	Point-in-time
Fixed Assets, net of accumulated depreciation of $19,481 and $0, respectively	`PropertyPlantAndEquipmentNet`	$193.02K	USD	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	10.00M	shares	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	13.50M	shares	Point-in-time
Total assets	`Assets`	$324.13K	USD	Point-in-time
Total assets	`Assets`	$222.50K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$190.67K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$7.37K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.56K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$548.00	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$204.23K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.92K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$212.81K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$212.81K	USD	Point-in-time
Total liabilities	`Liabilities`	$220.74K	USD	Point-in-time
Total liabilities	`Liabilities`	$417.04K	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding at August 31, 2012 and 2011, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding at August 31, 2012 and 2011, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 90,000,000 shares authorized, 13,500,000 and 10,000,000 shares issued and outstanding at August 31, 2012 and 2011, respectively	`CommonStockValue`	$13.50K	USD	Point-in-time
Common stock, $0.001 par value; 90,000,000 shares authorized, 13,500,000 and 10,000,000 shares issued and outstanding at August 31, 2012 and 2011, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$31.50K	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$137.91K	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$8.23K	USD	Point-in-time
Total stockholders (deficit) equity	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Total stockholders (deficit) equity	`StockholdersEquity`	$1.76K	USD	Point-in-time
Total liabilities and stockholders (deficit) equity	`LiabilitiesAndStockholdersEquity`	$222.50K	USD	Point-in-time
Total liabilities and stockholders (deficit) equity	`LiabilitiesAndStockholdersEquity`	$324.13K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	Point-in-time
Revenue	`Revenues`	$112.79K	USD	Annual
Aircraft maintenance and fee	`EquipmentExpense`	$3.69K	USD	Point-in-time
Aircraft maintenance and fee	`EquipmentExpense`	$36.19K	USD	Annual
Fuel and oil	`ProductionCosts`	$27.27K	USD	Annual
Fuel and oil	`ProductionCosts`	-	USD	Point-in-time
Management fees	`ManagementFees`	$19.79K	USD	Annual
Management fees	`ManagementFees`	-	USD	Point-in-time
Professional fees	`ProfessionalFees`	$126.69K	USD	Annual
Professional fees	`ProfessionalFees`	$3.69K	USD	Point-in-time
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	-	USD	Point-in-time
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$19.48K	USD	Annual
Administrative fees	`AdministrativeFees`	$25.00	USD	Annual
Administrative fees	`AdministrativeFees`	-	USD	Point-in-time
Total operating expenses	`OperatingExpenses`	$7.38K	USD	Point-in-time
Total operating expenses	`OperatingExpenses`	$229.45K	USD	Annual
Net loss from operations	`OperatingIncomeLoss`	$-116.66K	USD	Annual
Net loss from operations	`OperatingIncomeLoss`	$-7.38K	USD	Point-in-time
Interest expense	`InterestExpense`	$-13.01K	USD	Annual
Interest expense	`InterestExpense`	$-861.00	USD	Point-in-time
Total other income (expense)	`OtherExpenses`	$-13.01K	USD	Annual
Total other income (expense)	`OtherExpenses`	$-861.00	USD	Point-in-time
Net loss	`IncomeLossFromContinuingOperations`	$-129.67K	USD	Annual
Net loss	`IncomeLossFromContinuingOperations`	$-8.23K	USD	Point-in-time
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	Point-in-time
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	11.42M	shares	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	4.09M	shares	Point-in-time

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-8.23K	USD	Point-in-time
Net (loss)	`NetIncomeLoss`	$-129.67K	USD	Annual
Depreciation	`Depreciation`	$19.48K	USD	Annual
Depreciation	`Depreciation`	-	USD	Point-in-time
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-99.11K	USD	Annual
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	Point-in-time
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.92K	USD	Point-in-time
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$183.29K	USD	Annual
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	Point-in-time
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$13.01K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.99K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-313.00	USD	Point-in-time
Purchase of helicopter	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Purchase of helicopter	`PaymentsToAcquirePropertyPlantAndEquipment`	$212.50K	USD	Point-in-time
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-212.50K	USD	Point-in-time
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from loan payable	`ProceedsFromNotesPayable`	$212.81K	USD	Point-in-time
Proceeds from loan payable	`ProceedsFromNotesPayable`	-	USD	Annual
Common stock issued for cash	`ProceedsFromIssuanceOrSaleOfEquity`	$35.00K	USD	Annual
Common stock issued for cash	`ProceedsFromIssuanceOrSaleOfEquity`	$10.00K	USD	Point-in-time
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$222.31K	USD	Point-in-time
Net increase in cash	`CashPeriodIncreaseDecrease`	$10.00K	USD	Point-in-time
Net increase in cash	`CashPeriodIncreaseDecrease`	$22.00K	USD	Annual
Cash at beginning of period	`Cash`	$32.01K	USD	Point-in-time
Cash at beginning of period	`Cash`	$10.00K	USD	Point-in-time
Cash at beginning of period	`Cash`	-	USD	Point-in-time
Cash at end of period	`Cash`	$32.01K	USD	Point-in-time
Cash at end of period	`Cash`	$10.00K	USD	Point-in-time
Cash at end of period	`Cash`	-	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Point-in-time

Stockholders Equity 7 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, amount	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$1.76K	USD	Point-in-time
Shares issued for cash, amount	`SharesIssuedForCashValue`	$35.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-8.23K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-129.67K	USD	Annual
Ending balance, amount	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$1.76K	USD	Point-in-time

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