10-K Filing

Xenetic Biosciences, Inc. CIK: 1534525 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001255294-13-000958`
Period End Date	20130831
Filing Date	20131127
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	gaif-20130831.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 31 Cash Flow Statement 39 Stockholders Equity 13

Balance Sheet 56 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, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$10.00K	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`	$53.22K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	$32.01K	USD	Point-in-time
Preferred Stock, Issued and outstanding	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$10.50K	USD	Point-in-time
Preferred Stock, Issued and outstanding	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$99.11K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.22K	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
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$131.11K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$72.94K	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`	35.00M	shares	Point-in-time
Property, plant and equipment, net of accumulated amortization and depreciation of $58,026 and $19,481, respectively	`PropertyPlantAndEquipmentNet`	$413.87K	USD	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	135.00M	shares	Point-in-time
Property, plant and equipment, net of accumulated amortization and depreciation of $58,026 and $19,481, respectively	`PropertyPlantAndEquipmentNet`	$193.02K	USD	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	135.00M	shares	Point-in-time
Accumulated Amortization and Depreciation, property and plant equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$19.48K	USD	Point-in-time
Accumulated Amortization and Depreciation, property and plant equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$40.73K	USD	Point-in-time
Total assets	`Assets`	$324.13K	USD	Point-in-time
Total assets	`Assets`	$486.81K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$190.67K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$429.69K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$26.38K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.56K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$456.08K	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
Total liabilities	`Liabilities`	$668.89K	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, 2013 and 2012, 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, 2013 and 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 August 31, 2013 and 2012, respectively	`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 August 31, 2013 and 2012, respectively	`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
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-227.91K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-317.08K	USD	Point-in-time
Total stockholders' (deficit)	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Total stockholders' (deficit)	`StockholdersEquity`	$1.76K	USD	Point-in-time
Total stockholders' (deficit)	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Total stockholders' (deficit)	`StockholdersEquity`	$-182.08K	USD	Point-in-time
Total liabilities and stockholders' (deficit)	`LiabilitiesAndStockholdersEquity`	$486.81K	USD	Point-in-time
Total liabilities and stockholders' (deficit)	`LiabilitiesAndStockholdersEquity`	$324.13K	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Revenue, net of cost of sales	`Revenues`	$112.79K	USD	Annual
Revenue, net of cost of sales	`Revenues`	$96.90K	USD	Annual
Aircraft maintenance and fee	`EquipmentExpense`	$9.88K	USD	Annual
Aircraft maintenance and fee	`EquipmentExpense`	$36.19K	USD	Annual
Fuel and oil	`ProductionCosts`	$27.27K	USD	Annual
Fuel and oil	`ProductionCosts`	$8.44K	USD	Annual
Management fees	`ManagementFeeExpense`	$19.79K	USD	Annual
Management fees	`ManagementFeeExpense`	$4.85K	USD	Annual
Officer compensation	`OfficersCompensation`	$15.00K	USD	Annual
Officer compensation	`OfficersCompensation`	-	USD	Annual
Professional fees	`ProfessionalFees`	$78.41K	USD	Annual
Professional fees	`ProfessionalFees`	$126.69K	USD	Annual
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease`	$19.48K	USD	Annual
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease`	$38.55K	USD	Annual
Administrative fees	`AdministrativeFeesExpense`	$25.00	USD	Annual
Administrative fees	`AdministrativeFeesExpense`	$7.34K	USD	Annual
Total operating expenses	`OperatingExpenses`	$229.45K	USD	Annual
Total operating expenses	`OperatingExpenses`	$162.46K	USD	Annual
Net loss from operations	`OperatingIncomeLoss`	$-116.66K	USD	Annual
Net loss from operations	`OperatingIncomeLoss`	$-65.56K	USD	Annual
(Gain) loss on settlement	`GainLossRelatedToLitigationSettlement`	$10.67K	USD	Annual
Interest expense	`InterestExpense`	$-12.95K	USD	Annual
Interest expense	`InterestExpense`	$-13.01K	USD	Annual
Total other income (expense)	`OtherExpenses`	$-23.61K	USD	Annual
Total other income (expense)	`OtherExpenses`	$-13.01K	USD	Annual
Net income (loss)	`IncomeLossFromContinuingOperations`	$-89.17K	USD	Annual
Net income (loss)	`IncomeLossFromContinuingOperations`	$-129.67K	USD	Annual
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	144.15M	shares	Annual

Cash Flow Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-317.08K	USD	8 Qtrs
Net (loss)	`NetIncomeLoss`	$-129.67K	USD	Point-in-time
Net (loss)	`NetIncomeLoss`	$-89.17K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-89.17K	USD	Annual
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease`	$19.48K	USD	Annual
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease`	$38.55K	USD	Annual
(Gain) loss on settlement	`GainLossRelatedToLitigationSettlement`	$10.67K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$77.94K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-99.11K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-9.22K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$239.03K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$183.29K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$13.01K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$12.82K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.99K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$280.61K	USD	Annual
Amortizable overhaul of aircraft	`AmortizableOverhaulOfAircraft`	-	USD	Annual
Amortizable overhaul of aircraft	`AmortizableOverhaulOfAircraft`	$-259.39K	USD	Annual
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-259.39K	USD	Annual
Proceeds from loan payable	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from loan payable	`ProceedsFromNotesPayable`	-	USD	Annual
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$35.00K	USD	Annual
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net increase in cash	`CashPeriodIncreaseDecrease`	$22.00K	USD	Annual
Net increase in cash	`CashPeriodIncreaseDecrease`	$21.22K	USD	Annual
Cash at beginning of period	`Cash`	$10.00K	USD	Point-in-time
Cash at beginning of period	`Cash`	$53.22K	USD	Point-in-time
Cash at beginning 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`	$53.22K	USD	Point-in-time
Cash at end of period	`Cash`	$32.01K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 13 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
Beginning balance, amount	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-182.08K	USD	Point-in-time
Shares issued for cash, amount	`SharesIssuedForCashValue`	$35.00K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-317.08K	USD	8 Qtrs
Net loss	`NetIncomeLoss`	$-129.67K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-89.17K	USD	Annual
Net loss	`NetIncomeLoss`	$-89.17K	USD	Annual
Ending balance, amount	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$1.76K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-182.08K	USD	Point-in-time

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