10-Q Filing

NUDG MEDIA INC. CIK: 1526183 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001294606-15-000148`
Period End Date	20150630
Filing Date	20150814
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	nddg-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 43 Income Statement 42 Cash Flow Statement 32

Balance Sheet 43 line items

Line Item	Tag	Value	Unit	Period
Loans payable, net of discount (in Dollars)	`DebtInstrumentUnamortizedDiscount`	$322.23K	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$4.80K	USD	Point-in-time
Cash	`Cash`	$41.04K	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Amounts receivable	`AccountsReceivableNet`	$627.00	USD	Point-in-time
Amounts receivable	`AccountsReceivableNet`	$999.00	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
Prepaid expenses	`PrepaidExpenseCurrent`	$1.15K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	172.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	368.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$41.67K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	172.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.95K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	172.00M	shares	Point-in-time
Promissory note receivable	`AccountsAndNotesReceivableNet`	$66.00K	USD	Point-in-time
Promissory note receivable	`AccountsAndNotesReceivableNet`	$66.00K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$743.24K	USD	Point-in-time
Total assets	`Assets`	$850.91K	USD	Point-in-time
Total assets	`Assets`	$72.95K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$61.72K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$57.92K	USD	Point-in-time
Current portion of loans payable	`LoansPayable`	$556.21K	USD	Point-in-time
Current portion of loans payable	`LoansPayable`	$156.21K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$614.13K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$217.93K	USD	Point-in-time
Loans payable, net of discount of $nil and $322,227, respectively	`ConvertibleNotesPayableCurrent`	$477.77K	USD	Point-in-time
Total liabilities	`Liabilities`	$217.93K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.09M	USD	Point-in-time
Common stock, 5,200,000,000 shares authorized, $0.001 par value 172,000,000 shares issued and outstanding	`CommonStockValue`	$172.00K	USD	Point-in-time
Common stock, 5,200,000,000 shares authorized, $0.001 par value 172,000,000 shares issued and outstanding	`CommonStockValue`	$172.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.00M	USD	Point-in-time
Common stock issuable	`StockholdersEquityNoteSubscriptionsReceivable`	$20.00K	USD	Point-in-time
Common stock issuable	`StockholdersEquityNoteSubscriptionsReceivable`	$20.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.39M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-240.99K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-144.98K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$850.91K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$72.95K	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$23.18K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.50K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.65K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.65K	USD	2 Qtrs
General and administrative costs	`GeneralAndAdministrativeExpense`	$20.53K	USD	1 Quarter
General and administrative costs	`GeneralAndAdministrativeExpense`	$107.13K	USD	2 Qtrs
General and administrative costs	`GeneralAndAdministrativeExpense`	$41.85K	USD	2 Qtrs
General and administrative costs	`GeneralAndAdministrativeExpense`	$25.08K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$28.58K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$121.78K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$65.03K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$35.18K	USD	1 Quarter
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-65.03K	USD	2 Qtrs
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-28.58K	USD	1 Quarter
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-121.78K	USD	2 Qtrs
Loss before other income (expense)	`IncomeLossFromContinuingOperations`	$-35.18K	USD	1 Quarter
Gain on disposal of intangible assets	`GainLossOnSaleOfPropertyPlantEquipment`	$211.70K	USD	1 Quarter
Gain on disposal of intangible assets	`GainLossOnSaleOfPropertyPlantEquipment`	$211.70K	USD	2 Qtrs
Interest income	`InterestIncomeDomesticDeposits`	$334.00	USD	2 Qtrs
Interest income	`InterestIncomeDomesticDeposits`	$372.00	USD	2 Qtrs
Interest income	`InterestIncomeDomesticDeposits`	$153.00	USD	1 Quarter
Interest income	`InterestIncomeDomesticDeposits`	$161.00	USD	1 Quarter
Interest expense	`InterestExpense`	$51.03K	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.14K	USD	1 Quarter
Interest expense	`InterestExpense`	$20.13K	USD	2 Qtrs
Interest expense	`InterestExpense`	$20.13K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-19.80K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$202.72K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-19.98K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$161.04K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$96.01K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$174.14K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-141.58K	USD	2 Qtrs
Net income (loss) per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	-	USD	2 Qtrs
Net income (loss) per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	-	USD	2 Qtrs
Net income (loss) per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net income (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`	172.00M	shares	2 Qtrs
Weighted average number of shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.00M	shares	1 Quarter
Weighted average number of shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	287.67M	shares	2 Qtrs
Weighted average number of shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.00M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) for the period	`NetIncomeLoss`	$96.01K	USD	2 Qtrs
Net income (loss) for the period	`NetIncomeLoss`	$174.14K	USD	1 Quarter
Net income (loss) for the period	`NetIncomeLoss`	$-55.16K	USD	1 Quarter
Net income (loss) for the period	`NetIncomeLoss`	$-141.58K	USD	2 Qtrs
Accretion of the present value of long term loan	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$36.85K	USD	2 Qtrs
Accretion of the present value of long term loan	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$20.13K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$23.18K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.50K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.65K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.65K	USD	2 Qtrs
Gain on disposal of intangible assets	`GainLossOnSaleOfPropertyPlantEquipment`	$211.70K	USD	1 Quarter
Gain on disposal of intangible assets	`GainLossOnSaleOfPropertyPlantEquipment`	$211.70K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsPayable`	$-334.00	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsPayable`	$-372.00	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.15K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInDeferredRevenue`	$47.26K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInDeferredRevenue`	$20.93K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-59.88K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-36.24K	USD	2 Qtrs
Cash removed on deconsolidation	`CashRemovedOnDeconsolidation`	$-1.29K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.29K	USD	2 Qtrs
Proceeds from loans payables	`ProceedsFromNotesPayable`	$57.91K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$57.91K	USD	2 Qtrs
Change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-36.24K	USD	2 Qtrs
Change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.25K	USD	2 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$41.04K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.80K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$41.04K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.80K	USD	Point-in-time
Acquisition of intangible assets with loan payable	`PaymentsToAcquireIntangibleAssets`	$798.12K	USD	2 Qtrs

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