10-Q Filing

MASS MEGAWATTS WIND POWER INC CIK: 1117228 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001354488-13-001355`
Period End Date	20130131
Filing Date	20130320
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	mmmw-20130131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 56 Cash Flow Statement 58

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$32.29K	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$35.20K	USD	Point-in-time
Cash	`Cash`	$26.28K	USD	Point-in-time
Cash	`Cash`	$37.59K	USD	Point-in-time
Cash	`Cash`	$21.26K	USD	Point-in-time
Cash	`Cash`	$41.48K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.68K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$123.00	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$43.17K	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.38K	USD	Point-in-time
Fixed assets, net of accumulated depreciation of $35,198 and $32,291, respectively	`PropertyPlantAndEquipmentNet`	$5.58K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Fixed assets, net of accumulated depreciation of $35,198 and $32,291, respectively	`PropertyPlantAndEquipmentNet`	$8.48K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Total Assets	`Assets`	$51.65K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.39M	shares	Point-in-time
Total Assets	`Assets`	$26.96K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.07M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.39M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.07M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$62.79K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$89.73K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$29.70K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$38.11K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$119.43K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$100.90K	USD	Point-in-time
Common stock; no par value; 35,000,000 shares authorized; 24,394,137 and 17,068,182 issued and outstanding as of January 31, 2013 and April 30, 2012, respectively	`CommonStockValue`	$6.66M	USD	Point-in-time
Common stock; no par value; 35,000,000 shares authorized; 24,394,137 and 17,068,182 issued and outstanding as of January 31, 2013 and April 30, 2012, respectively	`CommonStockValue`	$6.39M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$12.57K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-6.76M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-6.44M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-49.25K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-92.47K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$26.96K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$51.65K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Contract revenues earned	`ContractsRevenue`	$15.83K	USD	3 Qtrs
Contract revenues earned	`ContractsRevenue`	$4.50K	USD	1 Quarter
Contract revenues earned	`ContractsRevenue`	-	USD	3 Qtrs
Contract revenues earned	`ContractsRevenue`	-	USD	1 Quarter
Direct contracting costs	`ContractRevenueCost`	-	USD	1 Quarter
Direct contracting costs	`ContractRevenueCost`	$276.00	USD	3 Qtrs
Direct contracting costs	`ContractRevenueCost`	-	USD	3 Qtrs
Direct contracting costs	`ContractRevenueCost`	-	USD	1 Quarter
Contracting profit	`GrossProfit`	$15.55K	USD	3 Qtrs
Contracting profit	`GrossProfit`	$4.50K	USD	1 Quarter
Contracting profit	`GrossProfit`	-	USD	1 Quarter
Contracting profit	`GrossProfit`	-	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$144.31K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$134.37K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$303.29K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$310.41K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$2.91K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$969.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$701.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$1.83K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$313.32K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$135.07K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$145.28K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$305.12K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-145.28K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-313.32K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-289.57K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-130.57K	USD	1 Quarter
Loss on shares issued for compensation	`GainLossOnSharesIssuedForCompensation`	$-3.60K	USD	3 Qtrs
Loss on shares issued for compensation	`GainLossOnSharesIssuedForCompensation`	-	USD	3 Qtrs
Loss on shares issued for compensation	`GainLossOnSharesIssuedForCompensation`	-	USD	1 Quarter
Loss on shares issued for compensation	`GainLossOnSharesIssuedForCompensation`	-	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.42K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	-	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$2.42K	USD	1 Quarter
Interest expense, net	`InterestExpense`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$-3.50K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$-7.68K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$-10.31K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$-3.46K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-5.88K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-10.09K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.50K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-13.91K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-327.23K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-299.66K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-136.45K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-148.78K	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	3 Qtrs
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	3 Qtrs
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	19.51M	shares	3 Qtrs
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.95M	shares	3 Qtrs
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.96M	shares	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	22.31M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-327.23K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-299.66K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-136.45K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-148.78K	USD	1 Quarter
Shares issued for services	`ShareBasedCompensation`	$59.22K	USD	3 Qtrs
Shares issued for services	`ShareBasedCompensation`	$67.95K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$2.91K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$969.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$701.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$1.83K	USD	3 Qtrs
Compensation expense- related party	`CompensationExpenseRelatedParty`	$5.80K	USD	3 Qtrs
Compensation expense- related party	`CompensationExpenseRelatedParty`	-	USD	3 Qtrs
Loss on shares issued for compensation	`GainLossOnSharesIssuedForCompensation`	$-3.60K	USD	3 Qtrs
Loss on shares issued for compensation	`GainLossOnSharesIssuedForCompensation`	-	USD	3 Qtrs
Loss on shares issued for compensation	`GainLossOnSharesIssuedForCompensation`	-	USD	1 Quarter
Loss on shares issued for compensation	`GainLossOnSharesIssuedForCompensation`	-	USD	1 Quarter
Loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$2.42K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.56K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.73K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$26.94K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$51.77K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-11.07K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	3 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-184.04K	USD	3 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-227.20K	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.67K	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.67K	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$208.62K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$166.07K	USD	3 Qtrs
Proceeds from recovery of settlement	`ProceedsFromRecoveryOfSettlement`	-	USD	3 Qtrs
Proceeds from recovery of settlement	`ProceedsFromRecoveryOfSettlement`	$6.76K	USD	3 Qtrs
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$-2.96K	USD	3 Qtrs
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$19.65K	USD	3 Qtrs
Borrowings on related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$18.30K	USD	3 Qtrs
Borrowings on related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$17.55K	USD	3 Qtrs
Payments on related party debt	`RepaymentsOfRelatedPartyDebt`	$23.00K	USD	3 Qtrs
Payments on related party debt	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$206.97K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$204.02K	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-20.22K	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.31K	USD	3 Qtrs
CASH AT BEGINNING OF PERIOD	`Cash`	$26.28K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$37.59K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$21.26K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$41.48K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$26.28K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$37.59K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$21.26K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$41.48K	USD	Point-in-time
Interest paid	`InterestPaid`	$7.64K	USD	3 Qtrs
Interest paid	`InterestPaid`	$10.31K	USD	3 Qtrs
Income tax paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income tax paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Shares issued in settlement of related party debt	`SharesIssuedInSettlementOfRelatedPartyDebt`	$33.83K	USD	3 Qtrs
Shares issued in settlement of related party debt	`SharesIssuedInSettlementOfRelatedPartyDebt`	-	USD	3 Qtrs

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