10-Q Filing

NUDG MEDIA INC. CIK: 1526183 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001294606-14-000113`
Period End Date	20140331
Filing Date	20140520
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	nddg-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 39 Income Statement 23 Cash Flow Statement 42

Balance Sheet 39 line items

Line Item	Tag	Value	Unit	Period
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.20B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.20B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	172.00M	shares	Point-in-time
Cash	`Cash`	$3.25K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	368.00M	shares	Point-in-time
Cash	`Cash`	$5.47K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	368.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	172.00M	shares	Point-in-time
Amounts receivable	`AccountsReceivableNet`	$181.00	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	368.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	172.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.25K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.65K	USD	Point-in-time
Promissory note receivable	`AccountsAndNotesReceivableNet`	$66.00K	USD	Point-in-time
Total assets	`Assets`	$71.65K	USD	Point-in-time
Total assets	`Assets`	$3.25K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.71K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.94M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesNoncurrent`	$44.28K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesNoncurrent`	$82.33K	USD	Point-in-time
Unearned revenue	`DeferredRevenueCurrent`	$3.10K	USD	Point-in-time
Loans payable	`LoansPayable`	$45.00K	USD	Point-in-time
Loans payable	`LoansPayable`	$55.80K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$112.80K	USD	Point-in-time
Common stock, 5,200,000,000 shares authorized, $0.001 par value 172,000,000 and 368,000,008 shares issued and outstanding, respectively	`CommonStockValue`	$368.00K	USD	Point-in-time
Common stock, 5,200,000,000 shares authorized, $0.001 par value 172,000,000 and 368,000,008 shares issued and outstanding, respectively	`CommonStockValue`	$172.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-293.91K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.00M	USD	Point-in-time
Common stock issuable	`StockholdersEquityNoteSubscriptionsReceivable`	$28.27K	USD	Point-in-time
Common stock issuable	`StockholdersEquityNoteSubscriptionsReceivable`	$20.00K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$2.19M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$2.11M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.06M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-41.15K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$71.65K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$3.25K	USD	Point-in-time

Income Statement 23 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$12.00K	USD	12 Qtrs
General and administrative costs	`GeneralAndAdministrativeExpense`	$86.60K	USD	1 Quarter
General and administrative costs	`GeneralAndAdministrativeExpense`	$169.47K	USD	1 Quarter
General and administrative costs	`GeneralAndAdministrativeExpense`	$2.20M	USD	12 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$720.00	USD	12 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$3.65K	USD	12 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$738.00	USD	1 Quarter
Total expenses	`OperatingExpenses`	$2.21M	USD	12 Qtrs
Total expenses	`OperatingExpenses`	$86.60K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$170.21K	USD	1 Quarter
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-2.19M	USD	12 Qtrs
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-170.21K	USD	1 Quarter
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-86.60K	USD	1 Quarter
Interest income	`IncomeTaxesPaid`	-	USD	1 Quarter
Interest income	`IncomeTaxesPaid`	$181.00	USD	1 Quarter
Interest income	`IncomeTaxesPaid`	$181.00	USD	12 Qtrs
Net loss	`NetIncomeLoss`	$-2.19M	USD	12 Qtrs
Net loss	`NetIncomeLoss`	$-86.42K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-170.21K	USD	1 Quarter
Net loss per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net loss per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted average number of shares outstanding , basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	5.17B	shares	1 Quarter
Weighted average number of shares outstanding , basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	336.40M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`NetIncomeLoss`	$-2.19M	USD	12 Qtrs
Net loss for the period	`NetIncomeLoss`	$-86.42K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-170.21K	USD	1 Quarter
Common stock issued as compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$205.00	USD	12 Qtrs
Common stock issued for intellectual property	`StockIssuedDuringPeriodValueOther`	$720.00	USD	12 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsPayable`	$-181.00	USD	12 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsPayable`	$-603.00	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsPayable`	$-181.00	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$47.60K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.98M	USD	12 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$144.41K	USD	1 Quarter
Unearned revenue	`IncreaseDecreaseInDeferredRevenue`	$3.10K	USD	12 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-39.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.41K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-213.74K	USD	12 Qtrs
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	$709.00	USD	1 Quarter
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	$709.00	USD	12 Qtrs
Cash removed on deconsolidation	`CashDivestedFromDeconsolidation`	$1.29K	USD	12 Qtrs
Cash removed on deconsolidation	`CashDivestedFromDeconsolidation`	$1.29K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$709.00	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.29K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-577.00	USD	12 Qtrs
Proceeds from loans payables	`ProceedsFromNotesPayable`	$87.51K	USD	12 Qtrs
Proceeds from loans payables	`ProceedsFromNotesPayable`	$42.51K	USD	1 Quarter
Proceeds from loans payable related parties	`IncreaseDecreaseInDueFromRelatedParties`	$-41.21K	USD	1 Quarter
Proceeds from loans payable related parties	`IncreaseDecreaseInDueFromRelatedParties`	$-58.63K	USD	12 Qtrs
Repayment of loans payable related parties	`IncreaseDecreaseDueFromOtherRelatedParties`	$6.36K	USD	12 Qtrs
Proceeds from issuance of common stock	`IncreaseDecreaseInNotesReceivables`	$-80.00K	USD	12 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$219.79K	USD	12 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$42.51K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$41.21K	USD	1 Quarter
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$15.51K	USD	1 Quarter
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.22K	USD	1 Quarter
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.47K	USD	12 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.94K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$423.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.47K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.94K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$423.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.47K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25K	USD	Point-in-time

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