10-Q Filing

MASS MEGAWATTS WIND POWER INC CIK: 1117228 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001354488-14-004740`
Period End Date	20140731
Filing Date	20140922
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	mmmw-20140731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 20 Cash Flow Statement 40

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$32.00	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$39.24K	USD	Point-in-time
Cash	`Cash`	$123.00	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$38.77K	USD	Point-in-time
Cash	`Cash`	$245.00	USD	Point-in-time
Deposits and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.34K	USD	Point-in-time
Deposits and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.48K	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.73K	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.34K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	67.00M	shares	Point-in-time
Fixed assets, net of accumulated depreciation of $39,242 and $38,775, respectively	`PropertyPlantAndEquipmentNet`	$1.53K	USD	Point-in-time
Fixed assets, net of accumulated depreciation of $39,242 and $38,775, respectively	`PropertyPlantAndEquipmentNet`	$2.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	67.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.18M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	48.73M	shares	Point-in-time
Total Assets	`Assets`	$29.73K	USD	Point-in-time
Total Assets	`Assets`	$28.87K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.73M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	43.18M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$170.58K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$172.14K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$51.01K	USD	Point-in-time
Due to stockholder	`DueToOfficersOrStockholdersCurrent`	$82.64K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$253.22K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$223.15K	USD	Point-in-time
Common stock; no par value; 67,000,000 shares authorized; 48,732,037 and 43,179,537 issued and outstanding, respectively	`CommonStockValue`	$7.21M	USD	Point-in-time
Common stock; no par value; 67,000,000 shares authorized; 48,732,037 and 43,179,537 issued and outstanding, respectively	`CommonStockValue`	$7.12M	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`	$-7.44M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-7.32M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-193.42K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-224.35K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$29.73K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$28.87K	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$110.36K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$72.35K	USD	1 Quarter
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation`	$9.80K	USD	1 Quarter
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation`	$7.44K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$467.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$651.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$118.27K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$82.80K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-118.27K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-82.80K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$3.49K	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`	$-3.49K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-85.73K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-121.76K	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`	45.18M	shares	1 Quarter
Weighted average number of common shares - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.46M	shares	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-85.73K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-121.76K	USD	1 Quarter
Shares issued for services	`ShareBasedCompensation`	$36.34K	USD	1 Quarter
Shares issued for services	`ShareBasedCompensation`	$60.04K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$467.00	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$651.00	USD	1 Quarter
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation`	$9.80K	USD	1 Quarter
Loss on shares issued for compensation	`LossOnSharesIssuedForCompensation`	$7.44K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-146.00	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-146.00	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.56K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.31K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.49K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-55.23K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$34.20K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$23.35K	USD	1 Quarter
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$1.03K	USD	1 Quarter
Net borrowings on shareholder credit cards	`NetBorrowingsOnShareholderCreditCards`	$33.26K	USD	1 Quarter
Payments on related party debt	`RepaymentsOfRelatedPartyDebt`	$834.00	USD	1 Quarter
Payments on related party debt	`RepaymentsOfRelatedPartyDebt`	$1.62K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$54.98K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$34.40K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-245.00	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-91.00	USD	1 Quarter
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 BEGINNING OF PERIOD	`Cash`	-	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$245.00	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
CASH AT END OF PERIOD	`Cash`	-	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$245.00	USD	Point-in-time
Interest paid	`InterestPaid`	$2.93K	USD	1 Quarter
Interest paid	`InterestPaid`	$3.49K	USD	1 Quarter
Income tax paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income tax paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Shares issued for payment of related party debt	`SharesIssuedForPaymentOfRelatedPartyDebt`	-	USD	1 Quarter
Shares issued for payment of related party debt	`SharesIssuedForPaymentOfRelatedPartyDebt`	-	USD	1 Quarter

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