10-Q Filing

MASS MEGAWATTS WIND POWER INC CIK: 1117228 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001354488-13-005351`
Period End Date	20130731
Filing Date	20130923
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	mmmw-20130731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 18 Cash Flow Statement 34

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$36.17K	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$36.82K	USD	Point-in-time
Cash	`Cash`	$41.48K	USD	Point-in-time
Cash	`Cash`	$1.06K	USD	Point-in-time
Cash	`Cash`	$32.00	USD	Point-in-time
Cash	`Cash`	$123.00	USD	Point-in-time
Deposits and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.51K	USD	Point-in-time
Deposits and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.36K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.39K	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`	$27.63K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Fixed assets, net of accumulated depreciation of $36,819 and $36,168, respectively	`PropertyPlantAndEquipmentNet`	$4.61K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Fixed assets, net of accumulated depreciation of $36,819 and $36,168, respectively	`PropertyPlantAndEquipmentNet`	$3.96K	USD	Point-in-time
Total Assets	`Assets`	$32.24K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.73M	shares	Point-in-time
Total Assets	`Assets`	$31.35K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	29.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	29.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.73M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$135.25K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$130.94K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$47.48K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$47.29K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$182.73K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$178.23K	USD	Point-in-time
Common stock; no par value; and 35,000,000 shares authorized; 29,002,637 and 25,734,137 issued and outstanding, respectively	`CommonStockValue`	$6.71M	USD	Point-in-time
Common stock; no par value; and 35,000,000 shares authorized; 29,002,637 and 25,734,137 issued and outstanding, respectively	`CommonStockValue`	$6.79M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$12.57K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$12.57K	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-6.95M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-6.87M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-151.38K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-145.99K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$32.24K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$31.35K	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$82.15K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$75.42K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$651.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$969.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$82.80K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$76.39K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-76.39K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-82.80K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$3.33K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.93K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.93K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.33K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-79.73K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-85.73K	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.46M	shares	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.30M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-79.73K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-85.73K	USD	1 Quarter
Shares issued for services	`ShareBasedCompensation`	$46.14K	USD	1 Quarter
Shares issued for services	`ShareBasedCompensation`	$4.80K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$651.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$969.00	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.09K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-146.00	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$9.06K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.31K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.49K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-63.81K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$34.20K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$20.32K	USD	1 Quarter
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$1.03K	USD	1 Quarter
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$2.07K	USD	1 Quarter
Borrowings (payments) on related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-834.00	USD	1 Quarter
Borrowings (payments) on related party debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$1.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.39K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$34.40K	USD	1 Quarter
NET INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-91.00	USD	1 Quarter
NET INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-40.43K	USD	1 Quarter
CASH AT BEGINNING OF PERIOD	`Cash`	$41.48K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$1.06K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$32.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$123.00	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$41.48K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$1.06K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$32.00	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$123.00	USD	Point-in-time
Interest paid	`InterestPaid`	$2.93K	USD	1 Quarter
Interest paid	`InterestPaid`	$3.33K	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.