10-Q Filing

Xenetic Biosciences, Inc. CIK: 1534525 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001255294-13-000285`
Period End Date	20130228
Filing Date	20130422
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	gaif-20130228.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 68 Cash Flow Statement 52

Balance Sheet 48 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`	$11.36K	USD	Point-in-time
Cash	`Cash`	$44.98K	USD	Point-in-time
Cash	`Cash`	-	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
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$99.11K	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$43.37K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$131.11K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$88.34K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	13.50M	shares	Point-in-time
Fixed Assets, net of accumulated depreciation of $30,107 and $19,481, respectively	`PropertyPlantAndEquipmentNet`	$182.39K	USD	Point-in-time
Fixed Assets, net of accumulated depreciation of $30,107 and $19,481, respectively	`PropertyPlantAndEquipmentNet`	$193.02K	USD	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	13.50M	shares	Point-in-time
Total assets	`Assets`	$270.74K	USD	Point-in-time
Total assets	`Assets`	$324.13K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$130.31K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$190.67K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.56K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$19.92K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$150.23K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$204.23K	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`	$417.04K	USD	Point-in-time
Total liabilities	`Liabilities`	$363.04K	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding at February 28, 2013 and August 31, 2012, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding at February 28, 2013 and August 31, 2012, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 300,000,000 shares authorized, 135,000,000 shares issued and outstanding at February 28, 2013 and August 31, 2012	`CommonStockValue`	$135.00K	USD	Point-in-time
Common stock, $0.001 par value; 300,000,000 shares authorized, 135,000,000 shares issued and outstanding at February 28, 2013 and August 31, 2012	`CommonStockValue`	$135.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$227.91K	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$227.31K	USD	Point-in-time
Total stockholders' (deficit)	`StockholdersEquity`	$-92.31K	USD	Point-in-time
Total stockholders' (deficit)	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Total liabilities and stockholders' (deficit)	`LiabilitiesAndStockholdersEquity`	$324.13K	USD	Point-in-time
Total liabilities and stockholders' (deficit)	`LiabilitiesAndStockholdersEquity`	$270.74K	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$32.56K	USD	1 Quarter
Revenue	`Revenues`	$65.52K	USD	2 Qtrs
Revenue	`Revenues`	$178.31K	USD	6 Qtrs
Revenue	`Revenues`	$35.97K	USD	1 Quarter
Revenue	`Revenues`	$49.72K	USD	2 Qtrs
Aircraft maintenance and fee	`EquipmentExpense`	$49.75K	USD	6 Qtrs
Aircraft maintenance and fee	`EquipmentExpense`	$13.98K	USD	2 Qtrs
Aircraft maintenance and fee	`EquipmentExpense`	$9.88K	USD	2 Qtrs
Aircraft maintenance and fee	`EquipmentExpense`	$-2.12K	USD	1 Quarter
Aircraft maintenance and fee	`EquipmentExpense`	$10.45K	USD	1 Quarter
Fuel and oil	`ProductionCosts`	$8.44K	USD	2 Qtrs
Fuel and oil	`ProductionCosts`	$35.70K	USD	6 Qtrs
Fuel and oil	`ProductionCosts`	$-3.50K	USD	1 Quarter
Fuel and oil	`ProductionCosts`	$8.62K	USD	1 Quarter
Fuel and oil	`ProductionCosts`	$10.04K	USD	2 Qtrs
Management fees	`ManagementFees`	$-2.90K	USD	1 Quarter
Management fees	`ManagementFees`	$9.07K	USD	2 Qtrs
Management fees	`ManagementFees`	$24.65K	USD	6 Qtrs
Management fees	`ManagementFees`	$4.85K	USD	2 Qtrs
Management fees	`ManagementFees`	$6.75K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$24.77K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$155.15K	USD	6 Qtrs
Professional fees	`ProfessionalFees`	$17.52K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$48.63K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$30.91K	USD	1 Quarter
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$5.31K	USD	1 Quarter
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$30.11K	USD	6 Qtrs
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$8.86K	USD	2 Qtrs
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$5.31K	USD	1 Quarter
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$10.63K	USD	2 Qtrs
Administrative fees	`AdministrativeFees`	$25.00	USD	6 Qtrs
Administrative fees	`AdministrativeFees`	-	USD	1 Quarter
Administrative fees	`AdministrativeFees`	-	USD	1 Quarter
Administrative fees	`AdministrativeFees`	-	USD	2 Qtrs
Administrative fees	`AdministrativeFees`	$25.00	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$62.03K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$14.31K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$58.56K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$90.60K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$295.38K	USD	6 Qtrs
Net income (loss) from operations	`OperatingIncomeLoss`	$18.25K	USD	1 Quarter
Net income (loss) from operations	`OperatingIncomeLoss`	$-117.07K	USD	6 Qtrs
Net income (loss) from operations	`OperatingIncomeLoss`	$-40.88K	USD	2 Qtrs
Net income (loss) from operations	`OperatingIncomeLoss`	$-26.07K	USD	1 Quarter
Net income (loss) from operations	`OperatingIncomeLoss`	$6.96K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-20.23K	USD	6 Qtrs
Interest expense	`InterestExpense`	$-6.55K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-3.16K	USD	1 Quarter
Interest expense	`InterestExpense`	$-3.20K	USD	1 Quarter
Interest expense	`InterestExpense`	$-6.36K	USD	2 Qtrs
Total other income (expense)	`OtherExpenses`	$-6.36K	USD	2 Qtrs
Total other income (expense)	`OtherExpenses`	$-3.20K	USD	1 Quarter
Total other income (expense)	`OtherExpenses`	$-6.55K	USD	2 Qtrs
Total other income (expense)	`OtherExpenses`	$-20.23K	USD	6 Qtrs
Total other income (expense)	`OtherExpenses`	$-3.16K	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperations`	$15.08K	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperations`	$-29.26K	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperations`	$-47.43K	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperations`	$-137.31K	USD	6 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperations`	$603.00	USD	2 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	100.00M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	100.00M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net Income (loss)	`NetIncomeLoss`	$603.00	USD	2 Qtrs
Net Income (loss)	`NetIncomeLoss`	$-47.43K	USD	2 Qtrs
Net Income (loss)	`NetIncomeLoss`	$-137.31K	USD	6 Qtrs
Depreciation	`Depreciation`	$10.63K	USD	2 Qtrs
Depreciation	`Depreciation`	$8.86K	USD	2 Qtrs
Depreciation	`Depreciation`	$30.11K	USD	6 Qtrs
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-43.37K	USD	6 Qtrs
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$55.74K	USD	2 Qtrs
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-36.04K	USD	2 Qtrs
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-60.36K	USD	2 Qtrs
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$130.31K	USD	6 Qtrs
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$69.42K	USD	2 Qtrs
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$6.36K	USD	2 Qtrs
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$19.92K	USD	6 Qtrs
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$6.55K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.97K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-336.00	USD	6 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.35K	USD	2 Qtrs
Purchase of helicopter	`HelicopterExpense`	$-212.50K	USD	6 Qtrs
Purchase of helicopter	`HelicopterExpense`	-	USD	2 Qtrs
Purchase of helicopter	`HelicopterExpense`	-	USD	2 Qtrs
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-212.50K	USD	6 Qtrs
Proceeds from loan payable	`ProceedsFromNotesPayable`	$212.81K	USD	6 Qtrs
Proceeds from loan payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from loan payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$45.00K	USD	6 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$257.81K	USD	6 Qtrs
Net increase in cash	`CashPeriodIncreaseDecrease`	$1.35K	USD	2 Qtrs
Net increase in cash	`CashPeriodIncreaseDecrease`	$12.97K	USD	2 Qtrs
Net increase in cash	`CashPeriodIncreaseDecrease`	$44.98K	USD	6 Qtrs
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`	$11.36K	USD	Point-in-time
Cash at beginning of period	`Cash`	$44.98K	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`	$11.36K	USD	Point-in-time
Cash at end of period	`Cash`	$44.98K	USD	Point-in-time
Cash at end of period	`Cash`	-	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	6 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	6 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs

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