10-Q Filing

Xenetic Biosciences, Inc. CIK: 1534525 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001255294-13-000034`
Period End Date	20121130
Filing Date	20130122
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	gaif-20121130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 47 Income Statement 28 Cash Flow Statement 24

Balance Sheet 47 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
Cash	`Cash`	$8.18K	USD	Point-in-time
Cash	`Cash`	$32.01K	USD	Point-in-time
Preferred Stock, Issued and outstanding	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$99.11K	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$132.07K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$131.11K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$164.08K	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
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	13.50M	shares	Point-in-time
Fixed Assets, net of accumulated depreciation of $24,794 and $19,481, respectively	`PropertyPlantAndEquipmentNet`	$187.71K	USD	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	13.50M	shares	Point-in-time
Fixed Assets, net of accumulated depreciation of $24,794 and $19,481, respectively	`PropertyPlantAndEquipmentNet`	$193.02K	USD	Point-in-time
Total assets	`Assets`	$324.13K	USD	Point-in-time
Total assets	`Assets`	$351.78K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$190.67K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$229.60K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.56K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$16.76K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$204.23K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$246.36K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$212.81K	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`	$459.17K	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 November 30, 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 November 30, 2012 and 2011, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 90,000,000 shares authorized, 13,500,000 and 13,500,000 shares issued and outstanding at November 30 and August 31, 2012, respectively	`CommonStockValue`	$13.50K	USD	Point-in-time
Common stock, $0.001 par value; 90,000,000 shares authorized, 13,500,000 and 13,500,000 shares issued and outstanding at November 30 and August 31, 2012, respectively	`CommonStockValue`	$13.50K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$31.50K	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`	$152.39K	USD	Point-in-time
Total stockholders (deficit)	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Total stockholders (deficit)	`StockholdersEquity`	$-107.39K	USD	Point-in-time
Total liabilities and stockholders (deficit)	`LiabilitiesAndStockholdersEquity`	$351.78K	USD	Point-in-time
Total liabilities and stockholders (deficit)	`LiabilitiesAndStockholdersEquity`	$324.13K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$13.75K	USD	1 Quarter
Revenue	`Revenues`	$32.96K	USD	1 Quarter
Aircraft maintenance and fee	`EquipmentExpense`	$12.00K	USD	1 Quarter
Aircraft maintenance and fee	`EquipmentExpense`	$3.53K	USD	1 Quarter
Fuel and oil	`ProductionCosts`	$1.42K	USD	1 Quarter
Fuel and oil	`ProductionCosts`	$11.94K	USD	1 Quarter
Management fees	`ManagementFees`	$2.33K	USD	1 Quarter
Management fees	`ManagementFees`	$7.75K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$7.25K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$17.72K	USD	1 Quarter
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$5.31K	USD	1 Quarter
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$3.54K	USD	1 Quarter
Administrative fees	`AdministrativeFees`	-	USD	1 Quarter
Administrative fees	`AdministrativeFees`	$25.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$28.57K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$44.25K	USD	1 Quarter
Net loss from operations	`OperatingIncomeLoss`	$-11.28K	USD	1 Quarter
Net loss from operations	`OperatingIncomeLoss`	$-14.82K	USD	1 Quarter
Interest expense	`InterestExpense`	$-3.35K	USD	1 Quarter
Interest expense	`InterestExpense`	$-3.20K	USD	1 Quarter
Total other income (expense)	`OtherExpenses`	$-3.35K	USD	1 Quarter
Total other income (expense)	`OtherExpenses`	$-3.20K	USD	1 Quarter
Net loss	`IncomeLossFromContinuingOperations`	$-18.17K	USD	1 Quarter
Net loss	`IncomeLossFromContinuingOperations`	$-14.48K	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	13.50M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	10.00M	shares	1 Quarter

Cash Flow Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-18.17K	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-14.48K	USD	1 Quarter
Depreciation	`Depreciation`	$3.54K	USD	1 Quarter
Depreciation	`Depreciation`	$5.31K	USD	1 Quarter
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.96K	USD	1 Quarter
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.69K	USD	1 Quarter
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.93K	USD	1 Quarter
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.14K	USD	1 Quarter
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$3.20K	USD	1 Quarter
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$3.35K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.82K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net increase in cash	`CashPeriodIncreaseDecrease`	$-1.82K	USD	1 Quarter
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`	$8.18K	USD	Point-in-time
Cash at beginning of period	`Cash`	$32.01K	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`	$8.18K	USD	Point-in-time
Cash at end of period	`Cash`	$32.01K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

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