10-Q Filing

KUBER RESOURCES CORP CIK: 1081834 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001437749-15-015567`
Period End Date	20150630
Filing Date	20150812
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	uoli-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 54 Cash Flow Statement 29 Stockholders Equity 16

Balance Sheet 49 line items

Line Item	Tag	Value	Unit	Period
Series A Convertible preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A Convertible preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
Series A, Convertible preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
Series A, Convertible preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.00	USD	Point-in-time
Series A, Convertible preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
Series A, Convertible preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	500,000.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$236.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$72.00	USD	Point-in-time
Series A, Convertible preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Series A, Convertible preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	500,000.00	shares	Point-in-time
Common stock shares par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$72.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$62.59K	USD	Point-in-time
Common stock shares par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Amounts due to shareholders	`DueToRelatedPartiesCurrent`	$3.23M	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Amounts due to shareholders	`DueToRelatedPartiesCurrent`	$3.12M	USD	Point-in-time
Common stock shares issued (in shares)	`CommonStockSharesIssued`	2.00M	shares	Point-in-time
Common stock shares issued (in shares)	`CommonStockSharesIssued`	2.00M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.29M	USD	Point-in-time
Common stock shares outstanding (in shares)	`CommonStockSharesOutstanding`	2.00M	shares	Point-in-time
Common stock shares outstanding (in shares)	`CommonStockSharesOutstanding`	2.00M	shares	Point-in-time
Note payable to a shareholder	`NotesPayableRelatedPartiesNoncurrent`	$167.55K	USD	Point-in-time
Note payable to a shareholder	`NotesPayableRelatedPartiesNoncurrent`	$167.67K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.46M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A, Convertible preferred stock, $0.001 par value; 10,000,000 shares authorized, 500,000 shares issued and outstanding, respectively	`PreferredStockValue`	$500.00	USD	Point-in-time
Series A, Convertible preferred stock, $0.001 par value; 10,000,000 shares authorized, 500,000 shares issued and outstanding, respectively	`PreferredStockValue`	$500.00	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 1,996,355 shares issued and outstanding, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 1,996,355 shares issued and outstanding, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$197.57K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$197.57K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.63K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.83K	USD	Point-in-time
Accumulated deficits	`RetainedEarningsAccumulatedDeficit`	$-3.65M	USD	Point-in-time
Accumulated deficits	`RetainedEarningsAccumulatedDeficit`	$-3.56M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-3.36M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-3.46M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-3.46M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$72.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$236.00	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
REVENUES, NET	`SalesRevenueNet`	-	USD	1 Quarter
REVENUES, NET	`SalesRevenueNet`	-	USD	2 Qtrs
REVENUES, NET	`SalesRevenueNet`	-	USD	1 Quarter
REVENUES, NET	`SalesRevenueNet`	-	USD	2 Qtrs
COST OF REVENUE	`CostOfRevenue`	-	USD	2 Qtrs
COST OF REVENUE	`CostOfRevenue`	-	USD	2 Qtrs
COST OF REVENUE	`CostOfRevenue`	-	USD	1 Quarter
COST OF REVENUE	`CostOfRevenue`	-	USD	1 Quarter
GROSS LOSS	`GrossProfit`	-	USD	2 Qtrs
GROSS LOSS	`GrossProfit`	-	USD	1 Quarter
GROSS LOSS	`GrossProfit`	-	USD	1 Quarter
GROSS LOSS	`GrossProfit`	-	USD	2 Qtrs
Consulting and professional fee	`ProfessionalFees`	$23.17K	USD	1 Quarter
Consulting and professional fee	`ProfessionalFees`	$84.27K	USD	2 Qtrs
Consulting and professional fee	`ProfessionalFees`	$4.00K	USD	2 Qtrs
Consulting and professional fee	`ProfessionalFees`	$2.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.00	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.08K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$388.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.01K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.01K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$92.35K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$23.56K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-4.01K	USD	2 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.01K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-92.35K	USD	2 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-23.56K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.01K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-4.01K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-92.19K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-92.35K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-23.56K	USD	1 Quarter
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.20K	USD	2 Qtrs
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.56K	USD	2 Qtrs
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-846.00	USD	1 Quarter
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.49K	USD	1 Quarter
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.20K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-5.58K	USD	2 Qtrs
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-24.41K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-4.51K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-94.55K	USD	2 Qtrs
Net loss per share basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net loss per share basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	2 Qtrs
Net loss per share basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average common shares outstanding basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	1 Quarter
Weighted average common shares outstanding basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	2 Qtrs
Weighted average common shares outstanding basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	2 Qtrs
Weighted average common shares outstanding basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	1 Quarter

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.01K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.01K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-92.19K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-92.35K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.56K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.59K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-84.60K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-14.00	USD	2 Qtrs
Advance from shareholders	`ProceedsFromContributionsFromAffiliates`	$14.00	USD	2 Qtrs
Advance from shareholders	`ProceedsFromContributionsFromAffiliates`	$84.60K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$14.00	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$84.60K	USD	2 Qtrs
Effect of exchange rate change on cash and cash equivalents	`EffectOfExchangeRateOnCash`	-	USD	2 Qtrs
Effect of exchange rate change on cash and cash equivalents	`EffectOfExchangeRateOnCash`	-	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-164.00	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$72.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$236.00	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$72.00	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-3.36M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.46M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.46M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-2.01K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.01K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-92.19K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-92.35K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.56K	USD	1 Quarter
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.20K	USD	2 Qtrs
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.56K	USD	2 Qtrs
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-846.00	USD	1 Quarter
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.49K	USD	1 Quarter
- Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.20K	USD	1 Quarter
Balance	`StockholdersEquity`	$-3.36M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.46M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.46M	USD	Point-in-time

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