10-Q Filing

VAPOR GROUP, INC. CIK: 1315718 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001477932-14-000228`
Period End Date	20130331
Filing Date	20140116
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	spli-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 29 Cash Flow Statement 26 Stockholders Equity 21

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.32K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Checking/Savings	`CheckingSavings`	-	USD	Point-in-time
Common stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Checking/Savings	`CheckingSavings`	$2.32K	USD	Point-in-time
Common stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.32K	USD	Point-in-time
Common stock, Shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, Shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	270.02M	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	270.02M	shares	Point-in-time
Property, Plant and Equipment net of Depreciation	`PropertyPlantAndEquipmentNet`	$2.50K	USD	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	270.02M	shares	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	270.02M	shares	Point-in-time
Property, Plant and Equipment net of Depreciation	`PropertyPlantAndEquipmentNet`	$3.00K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$3.00K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$2.50K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$4.82K	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$400.00	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$82.20K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$103.41K	USD	Point-in-time
Notes Payable	`LongTermDebtCurrent`	$150.59K	USD	Point-in-time
Notes Payable	`LongTermDebtCurrent`	$150.59K	USD	Point-in-time
Total Other Current Liabilities	`OtherLiabilitiesCurrent`	$233.20K	USD	Point-in-time
Total Other Current Liabilities	`OtherLiabilitiesCurrent`	$254.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$233.20K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$254.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$233.20K	USD	Point-in-time
Total Liabilities	`Liabilities`	$254.00K	USD	Point-in-time
Preferred stock, .001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, .001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, 0.001 par value, 500,000,000 shares authorized, 270,020,145, issued and outstanding at March 31, 2013 and December 31, 2012	`CommonStockValue`	$270.02K	USD	Point-in-time
Common stock, 0.001 par value, 500,000,000 shares authorized, 270,020,145, issued and outstanding at March 31, 2013 and December 31, 2012	`CommonStockValue`	$270.02K	USD	Point-in-time
Adiditional Paid-in-Capital	`AdditionalPaidInCapital`	$1.01M	USD	Point-in-time
Adiditional Paid-in-Capital	`AdditionalPaidInCapital`	$1.01M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.53M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.51M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-18.54K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-36.64K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-19.12K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-249.18K	USD	Point-in-time
TOTAL LIABILITIES & EQUITY	`LiabilitiesAndStockholdersEquity`	$4.82K	USD	Point-in-time
TOTAL LIABILITIES & EQUITY	`LiabilitiesAndStockholdersEquity`	$3.00K	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$34.86K	USD	1 Quarter
Sales	`SalesRevenueNet`	$36.35K	USD	1 Quarter
Total Income	`Revenues`	$36.35K	USD	1 Quarter
Total Income	`Revenues`	$34.86K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSoldOverhead`	$-22.65K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSoldOverhead`	$-19.61K	USD	1 Quarter
Total COGS	`CostOfGoodsSold`	$22.65K	USD	1 Quarter
Total COGS	`CostOfGoodsSold`	$19.61K	USD	1 Quarter
Gross Profit	`GrossProfit`	$12.20K	USD	1 Quarter
Gross Profit	`GrossProfit`	$16.73K	USD	1 Quarter
Depreciation Expense	`Depreciation`	$500.00	USD	1 Quarter
Depreciation Expense	`Depreciation`	$500.00	USD	1 Quarter
Depreciation Expense	`Depreciation`	$-2.00K	USD	Annual
General Administrative	`GeneralAndAdministrativeExpense`	$28.18K	USD	1 Quarter
General Administrative	`GeneralAndAdministrativeExpense`	$66.43K	USD	1 Quarter
Interest Expense	`InterestExpense`	$2.47K	USD	1 Quarter
Interest Expense	`InterestExpense`	$3.54K	USD	1 Quarter
Selling & Marketing	`SellingAndMarketingExpense`	$9.56K	USD	1 Quarter
Selling & Marketing	`SellingAndMarketingExpense`	$37.00	USD	1 Quarter
Total Expense	`OperatingExpenses`	$78.96K	USD	1 Quarter
Total Expense	`OperatingExpenses`	$32.26K	USD	1 Quarter
Net Ordinary Income (Loss)	`ProfitLoss`	$-62.22K	USD	1 Quarter
Net Ordinary Income (Loss)	`ProfitLoss`	$-20.05K	USD	1 Quarter
Adjustment from previous year	`AdjustmentFromPreviousYear`	$1.07K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-18.98K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-62.22K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$33.70K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-62.58K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-235.71K	USD	Annual

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$-18.98K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-62.22K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$33.70K	USD	Annual
Net Income	`NetIncomeLoss`	$-62.58K	USD	Annual
Net Income	`NetIncomeLoss`	$-235.71K	USD	Annual
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$2.16K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-33.74K	USD	1 Quarter
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$19.25K	USD	1 Quarter
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$103.41K	USD	1 Quarter
Notes Payable	`IncreaseDecreaseInNotesPayableCurrent`	$150.59K	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$235.02K	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-74.55K	USD	1 Quarter
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.50K	USD	1 Quarter
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$500.00	USD	1 Quarter
Short Term Debt	`ProceedsFromShortTermDebt`	$34.38K	USD	1 Quarter
Long Term Debt	`IncreasedecreaseLongTermDebt`	$42.50K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-230.20K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$76.88K	USD	1 Quarter
Net cash increase for period	`CashPeriodIncreaseDecrease`	$2.82K	USD	1 Quarter
Net cash increase for period	`CashPeriodIncreaseDecrease`	$2.32K	USD	1 Quarter
Cash at beginning of period	`Cash`	$6.95K	USD	Point-in-time
Cash at beginning of period	`Cash`	$2.32K	USD	Point-in-time
Cash at beginning of period	`Cash`	$4.12K	USD	Point-in-time
Cash at end of period	`Cash`	$6.95K	USD	Point-in-time
Cash at end of period	`Cash`	$2.32K	USD	Point-in-time
Cash at end of period	`Cash`	$4.12K	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-18.54K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-36.64K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-19.12K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-249.18K	USD	Point-in-time
Common stock issued for Offering, Amount	`StockIssuedDuringPeriodValueNewIssues`	$22.00K	USD	Annual
Common Stock issued for services, Amount	`StockIssuedDuringPeriodValueIssuedForServices`	$10.00K	USD	Annual
Common stock issued for conversion of note payable, Amount	`CommonStockIssuedForConversionOfNotesPayableValue`	$31.00K	USD	Annual
Common stock issued for conversion of note payable, Amount	`CommonStockIssuedForConversionOfNotesPayableValue`	$24.05K	USD	Annual
Interest payment by shareholder	`InterestPaymentByShareholder`	$167.00	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-18.98K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-62.22K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$33.70K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-62.58K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-235.71K	USD	Annual
Distributions	`Distributions`	$-16.18K	USD	Annual
Ending BAlance, Amount	`StockholdersEquity`	$-18.54K	USD	Point-in-time
Ending BAlance, Amount	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Ending BAlance, Amount	`StockholdersEquity`	$-36.64K	USD	Point-in-time
Ending BAlance, Amount	`StockholdersEquity`	$-19.12K	USD	Point-in-time
Ending BAlance, Amount	`StockholdersEquity`	$-249.18K	USD	Point-in-time

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