10-Q Filing

MASS MEGAWATTS WIND POWER INC CIK: 1117228 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001354488-12-004912`
Period End Date	20120731
Filing Date	20120914
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	mmmw-20120731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 20 Cash Flow Statement 36

Balance Sheet 36 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.06K	USD	Point-in-time
Cash	`Cash`	$41.48K	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$32.29K	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$33.26K	USD	Point-in-time
Cash	`Cash`	$8.75K	USD	Point-in-time
Cash	`Cash`	$26.28K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.68K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$594.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$43.17K	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.65K	USD	Point-in-time
Fixed assets, net of accumulated depreciation of $33,260 and $32,291, respectively	`PropertyPlantAndEquipmentNet`	$8.48K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.50M	shares	Point-in-time
Fixed assets, net of accumulated depreciation of $33,260 and $32,291, respectively	`PropertyPlantAndEquipmentNet`	$7.51K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.50M	shares	Point-in-time
Total Assets	`Assets`	$9.16K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.07M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.47M	shares	Point-in-time
Total Assets	`Assets`	$51.65K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.24M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.47M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$62.79K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$71.85K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$41.17K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$38.11K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$100.90K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$113.03K	USD	Point-in-time
Common stock; no par value; and 20,500,000 shares authorized; 17,469,015 and 17,068,182 issued and outstanding, respectively	`CommonStockValue`	$6.39M	USD	Point-in-time
Common stock; no par value; and 20,500,000 shares authorized; 17,469,015 and 17,068,182 issued and outstanding, respectively	`CommonStockValue`	$6.41M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-6.52M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-6.44M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-103.86K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-49.25K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$51.65K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.16K	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$96.64K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$73.42K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$969.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$567.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$97.21K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$74.39K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-74.39K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-97.21K	USD	1 Quarter
Loss on shares issued for compensation	`GainsLossesOnExtinguishmentOfDebt`	$-2.00K	USD	1 Quarter
Loss on shares issued for compensation	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.65K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$3.33K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-5.33K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-1.65K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-79.73K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-98.86K	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.30M	shares	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.28M	shares	1 Quarter

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-79.73K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-98.86K	USD	1 Quarter
Shares issued for services	`ShareBasedCompensation`	$2.80K	USD	1 Quarter
Shares issued for services	`ShareBasedCompensation`	$4.06K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$969.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$567.00	USD	1 Quarter
Loss on shares issued for compensation	`GainsLossesOnExtinguishmentOfDebt`	$-2.00K	USD	1 Quarter
Loss on shares issued for compensation	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.82K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.09K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$9.06K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.09K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-63.81K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.34K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$20.32K	USD	1 Quarter
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$16.51K	USD	1 Quarter
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$2.07K	USD	1 Quarter
Borrowings on related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$1.00K	USD	1 Quarter
Borrowings on related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$15.30K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$36.81K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.39K	USD	1 Quarter
NET INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.52K	USD	1 Quarter
NET INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-40.43K	USD	1 Quarter
CASH AT BEGINNING OF PERIOD	`Cash`	$1.06K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$41.48K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$8.75K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$26.28K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$1.06K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$41.48K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$8.75K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$26.28K	USD	Point-in-time
Interest paid	`InterestPaid`	$3.33K	USD	1 Quarter
Interest paid	`InterestPaid`	$1.65K	USD	1 Quarter
Income tax paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income tax paid	`IncomeTaxesPaid`	-	USD	1 Quarter

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