10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001376474-14-000288 |
| Period End Date | 20140630 |
| Filing Date | 20140813 |
| Fiscal Year | 2014 |
| Fiscal Period | Q3 |
| XBRL Instance | ngfc-20140630.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred Stock, Par Value |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred Stock, Shares Authorized |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Cash |
CashCashEquivalentsAndShortTermInvestments
|
$75.85K | USD | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
- | shares | Point-in-time |
| Marketable securities, available-for-sale |
AvailableForSaleSecuritiesNoncurrent
|
$52.24K | USD | Point-in-time |
| Preferred Stock, Shares Outstanding |
PreferredStockSharesOutstanding
|
- | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$128.09K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$128.09K | USD | Point-in-time |
| Rent payable |
AccruedRentCurrent
|
$1.80K | USD | Point-in-time |
| Note payable - related parties |
NotesPayableRelatedPartiesClassifiedCurrent
|
$90.00 | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.89K | USD | Point-in-time |
| Preferred stock |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$194.35K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-70.11K | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$126.20K | USD | Point-in-time |
| TOTAL LIABILITIES & STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$128.09K | USD | Point-in-time |
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Legal fees |
LegalFees
|
$10.00K | USD | 1 Quarter |
| Legal fees |
LegalFees
|
$22.55K | USD | 3 Qtrs |
| Accounting fees |
AccountingFees
|
$3.00K | USD | 1 Quarter |
| Accounting fees |
AccountingFees
|
$7.75K | USD | 3 Qtrs |
| Officer compensation |
OfficersCompensation
|
$6.00K | USD | 1 Quarter |
| Officer compensation |
OfficersCompensation
|
$16.80K | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$9.53K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$23.73K | USD | 3 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$70.83K | USD | 3 Qtrs |
| Total operating expenses |
OperatingExpenses
|
$28.53K | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
IncomeLossFromContinuingOperations
|
$-70.83K | USD | 3 Qtrs |
| LOSS FROM OPERATIONS |
IncomeLossFromContinuingOperations
|
$-28.53K | USD | 1 Quarter |
| Realized gain on marketable securities |
MarketableSecuritiesRealizedGainLoss
|
$-2.01K | USD | 3 Qtrs |
| Realized gain on marketable securities |
MarketableSecuritiesRealizedGainLoss
|
$2.01K | USD | 1 Quarter |
| Unrealized loss on marketable securities |
MarketableSecuritiesUnrealizedGainLoss
|
$1.35K | USD | 3 Qtrs |
| Unrealized loss on marketable securities |
MarketableSecuritiesUnrealizedGainLoss
|
$-1.35K | USD | 1 Quarter |
| Dividends received |
ProceedsFromDividendsReceived
|
$60.00 | USD | 3 Qtrs |
| Dividends received |
ProceedsFromDividendsReceived
|
$60.00 | USD | 1 Quarter |
| Total Other Income |
OtherIncome
|
$718.00 | USD | 3 Qtrs |
| Total Other Income |
OtherIncome
|
$718.00 | USD | 1 Quarter |
| Net Loss |
ProfitLoss
|
$-70.11K | USD | 3 Qtrs |
| Net Loss |
ProfitLoss
|
$-27.81K | USD | 1 Quarter |
| BASIC AND DILUTED LOSS PER COMMON SHARE |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| BASIC AND DILUTED LOSS PER COMMON SHARE |
EarningsPerShareBasicAndDiluted
|
- | USD | 3 Qtrs |
| BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
19.60M | shares | 1 Quarter |
| BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
18.82M | shares | 3 Qtrs |
Cash Flow Statement
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Loss |
ProfitLoss
|
$-70.11K | USD | 3 Qtrs |
| Net Loss |
ProfitLoss
|
$-27.81K | USD | 1 Quarter |
| Realized gain on marketable securities |
MarketableSecuritiesRealizedGainLoss
|
$-2.01K | USD | 3 Qtrs |
| Realized gain on marketable securities |
MarketableSecuritiesRealizedGainLoss
|
$2.01K | USD | 1 Quarter |
| Unrealized loss on marketable securities |
MarketableSecuritiesUnrealizedGainLoss
|
$1.35K | USD | 3 Qtrs |
| Unrealized loss on marketable securities |
MarketableSecuritiesUnrealizedGainLoss
|
$-1.35K | USD | 1 Quarter |
| Change in Accrued expenses |
ChangeInAccruedExpenses
|
$1.80K | USD | 3 Qtrs |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-68.97K | USD | 3 Qtrs |
| Cash paid for available for sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
$236.66K | USD | 3 Qtrs |
| Cash received from sale of securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$185.08K | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-51.58K | USD | 3 Qtrs |
| Proceeds from related party debt |
ProceedsFromRelatedPartyDebt
|
$90.00 | USD | 3 Qtrs |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
$196.31K | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$196.40K | USD | 3 Qtrs |
| NET INCREASE (DECREASE) IN CASH |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$75.85K | USD | 3 Qtrs |
| CASH AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$75.85K | USD | Point-in-time |
| CASH AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$75.85K | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.