10-Q Filing

VAPOR GROUP, INC. CIK: 1315718 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001477932-14-000235`
Period End Date	20130630
Filing Date	20140116
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	spli-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 82 Cash Flow Statement 39 Stockholders Equity 25

Balance Sheet 51 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 authorised	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Shares authorised	`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`	$-442.00	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
Common stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Checking/Savings	`CheckingSavings`	$-442.00	USD	Point-in-time
Common stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$-442.00	USD	Point-in-time
Common stock, Shares authorised	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, Shares authorised	`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
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	270.02M	shares	Point-in-time
Property, Plant and Equipment net of Depreciation	`PropertyPlantAndEquipmentNet`	$2.00K	USD	Point-in-time
Property, Plant and Equipment net of Depreciation	`PropertyPlantAndEquipmentNet`	$3.00K	USD	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	270.02M	shares	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$2.00K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$3.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.56K	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$400.00	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$110.86K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$82.20K	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`	$261.46K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$261.46K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$233.20K	USD	Point-in-time
Total Liabilities	`Liabilities`	$233.20K	USD	Point-in-time
Total Liabilities	`Liabilities`	$261.46K	USD	Point-in-time
Preferred stock, .001 par value, 10,000,000 shares authorised, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, .001 par value, 10,000,000 shares authorised, 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 June 30, 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 June 30, 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`	$-1.54M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.51M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-36.64K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-19.12K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-18.54K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-259.90K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$1.56K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$3.00K	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$4.15K	USD	1 Quarter
Sales	`SalesRevenueNet`	$27.88K	USD	1 Quarter
Sales	`SalesRevenueNet`	$62.73K	USD	2 Qtrs
Sales	`SalesRevenueNet`	$40.50K	USD	2 Qtrs
Total Income	`Revenues`	$62.73K	USD	2 Qtrs
Total Income	`Revenues`	$27.88K	USD	1 Quarter
Total Income	`Revenues`	$40.50K	USD	2 Qtrs
Total Income	`Revenues`	$4.15K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSoldOverhead`	$8.86K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSoldOverhead`	$28.47K	USD	2 Qtrs
Cost of Sales	`CostOfGoodsSoldOverhead`	$44.80K	USD	2 Qtrs
Cost of Sales	`CostOfGoodsSoldOverhead`	$22.15K	USD	1 Quarter
Total COGS	`CostOfGoodsSold`	$44.80K	USD	2 Qtrs
Total COGS	`CostOfGoodsSold`	$22.15K	USD	1 Quarter
Total COGS	`CostOfGoodsSold`	$8.86K	USD	1 Quarter
Total COGS	`CostOfGoodsSold`	$28.47K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$17.93K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$12.03K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$-4.71K	USD	1 Quarter
Gross Profit	`GrossProfit`	$5.72K	USD	1 Quarter
Depreciation Expense	`Depreciation`	$500.00	USD	1 Quarter
Depreciation Expense	`Depreciation`	$1.00K	USD	2 Qtrs
Depreciation Expense	`Depreciation`	$1.00K	USD	2 Qtrs
Depreciation Expense	`Depreciation`	$500.00	USD	1 Quarter
General Administrative	`GeneralAndAdministrativeExpense`	$3.20K	USD	1 Quarter
General Administrative	`GeneralAndAdministrativeExpense`	$69.63K	USD	2 Qtrs
General Administrative	`GeneralAndAdministrativeExpense`	$40.53K	USD	2 Qtrs
General Administrative	`GeneralAndAdministrativeExpense`	$12.35K	USD	1 Quarter
Interest Expense	`InterestExpense`	$7.07K	USD	2 Qtrs
Interest Expense	`InterestExpense`	$2.36K	USD	1 Quarter
Interest Expense	`InterestExpense`	$4.83K	USD	2 Qtrs
Interest Expense	`InterestExpense`	$3.54K	USD	1 Quarter
Selling & Marketing	`SellingAndMarketingExpense`	$99.00	USD	2 Qtrs
Selling & Marketing	`SellingAndMarketingExpense`	$25.00	USD	1 Quarter
Selling & Marketing	`SellingAndMarketingExpense`	$9.59K	USD	2 Qtrs
Selling & Marketing	`SellingAndMarketingExpense`	$62.00	USD	1 Quarter
Accounting	`AccountingExpenses`	$7.28K	USD	2 Qtrs
Accounting	`AccountingExpenses`	$7.28K	USD	1 Quarter
Attorney	`AttorneyExpenses`	$500.00	USD	2 Qtrs
Attorney	`AttorneyExpenses`	$500.00	USD	1 Quarter
Auto	`AutoExpenses`	$329.00	USD	2 Qtrs
Auto	`AutoExpenses`	$329.00	USD	1 Quarter
Bank charge	`BankChargeExpenses`	$360.00	USD	2 Qtrs
Bank charge	`BankChargeExpenses`	$360.00	USD	1 Quarter
Insurance	`InsuranceExpenses`	$234.00	USD	2 Qtrs
Insurance	`InsuranceExpenses`	$234.00	USD	1 Quarter
Meals and entertainment	`MealsAndEntertainmentExpenses`	$272.00	USD	1 Quarter
Meals and entertainment	`MealsAndEntertainmentExpenses`	$272.00	USD	2 Qtrs
Miscellaneous	`TaxesExcludingIncomeAndExciseTaxes`	$-3.87K	USD	1 Quarter
Miscellaneous	`TaxesExcludingIncomeAndExciseTaxes`	$-3.87K	USD	2 Qtrs
Office	`OfficeExpenses`	$364.00	USD	2 Qtrs
Office	`OfficeExpenses`	$364.00	USD	1 Quarter
Payroll	`OtherLaborRelatedExpenses`	$10.31K	USD	1 Quarter
Payroll	`OtherLaborRelatedExpenses`	$10.31K	USD	2 Qtrs
Petty cash	`PettyCashExpenses`	$1.14K	USD	2 Qtrs
Petty cash	`PettyCashExpenses`	$1.14K	USD	1 Quarter
Professional fee	`ProfessionalFees`	$2.92K	USD	1 Quarter
Professional fee	`ProfessionalFees`	$2.92K	USD	2 Qtrs
Rent	`LeaseAndRentalExpense`	$4.60K	USD	1 Quarter
Rent	`LeaseAndRentalExpense`	$4.60K	USD	2 Qtrs
Shipping	`ShippingHandlingAndTransportationCosts`	$150.00	USD	1 Quarter
Shipping	`ShippingHandlingAndTransportationCosts`	$150.00	USD	2 Qtrs
Tax and license	`DirectTaxesAndLicensesCosts`	$181.00	USD	2 Qtrs
Tax and license	`DirectTaxesAndLicensesCosts`	$181.00	USD	1 Quarter
Telephone	`TelephoneExpenses`	$2.06K	USD	2 Qtrs
Telephone	`TelephoneExpenses`	$2.06K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$16.44K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$32.93K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$48.70K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$111.88K	USD	2 Qtrs
Net Ordinary Income	`ProfitLoss`	$-30.77K	USD	2 Qtrs
Net Ordinary Income	`ProfitLoss`	$-37.63K	USD	1 Quarter
Net Ordinary Income	`ProfitLoss`	$-10.72K	USD	1 Quarter
Net Ordinary Income	`ProfitLoss`	$-99.86K	USD	2 Qtrs
Adjustment from previous year	`AdjustmentFromPreviousYear`	$1.07K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$-10.72K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-29.70K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$-235.71K	USD	Annual
Net Income	`NetIncomeLoss`	$-37.63K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-62.58K	USD	Annual
Net Income	`NetIncomeLoss`	$-99.86K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$33.70K	USD	Annual

Cash Flow Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$-30.77K	USD	2 Qtrs
Net Income	`ProfitLoss`	$-37.63K	USD	1 Quarter
Net Income	`ProfitLoss`	$-10.72K	USD	1 Quarter
Net Income	`ProfitLoss`	$-99.86K	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$2.16K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-33.74K	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$19.25K	USD	2 Qtrs
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$110.86K	USD	2 Qtrs
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-28.91K	USD	1 Quarter
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.45K	USD	1 Quarter
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-28.91K	USD	2 Qtrs
Notes Payable	`IncreaseDecreaseInNotesPayableCurrent`	$150.59K	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-141.10K	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-66.54K	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$230.69K	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.27K	USD	1 Quarter
Accumulated Depreciation	`AccumulatedDepreciation`	$500.00	USD	1 Quarter
Accumulated Depreciation	`AccumulatedDepreciation`	$500.00	USD	1 Quarter
Accumulated Depreciation	`AccumulatedDepreciation`	$1.00K	USD	2 Qtrs
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.00K	USD	2 Qtrs
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$500.00	USD	1 Quarter
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$500.00	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-229.13K	USD	2 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$52.91K	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$129.79K	USD	2 Qtrs
Net cash increase for period	`CashPeriodIncreaseDecrease`	$-13.13K	USD	1 Quarter
Net cash increase for period	`CashPeriodIncreaseDecrease`	$-442.00	USD	2 Qtrs
Net cash increase for period	`CashPeriodIncreaseDecrease`	$-2.77K	USD	1 Quarter
Net cash increase for period	`CashPeriodIncreaseDecrease`	$-10.31K	USD	2 Qtrs
Cash at beginning of period	`Cash`	$4.12K	USD	Point-in-time
Cash at beginning of period	`Cash`	$2.33K	USD	Point-in-time
Cash at beginning of period	`Cash`	$-6.19K	USD	Point-in-time
Cash at beginning of period	`Cash`	$6.95K	USD	Point-in-time
Cash at beginning of period	`Cash`	$-442.00	USD	Point-in-time
Cash at end of period	`Cash`	$4.12K	USD	Point-in-time
Cash at end of period	`Cash`	$2.33K	USD	Point-in-time
Cash at end of period	`Cash`	$-6.19K	USD	Point-in-time
Cash at end of period	`Cash`	$6.95K	USD	Point-in-time
Cash at end of period	`Cash`	$-442.00	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-36.64K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-19.12K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-18.54K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-259.90K	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 Notes Payable, Amount	`CommonStockIssuedForConversionOfNotesPayableValue`	$24.05K	USD	Annual
Common stock issued for conversion of Notes Payable, Amount	`CommonStockIssuedForConversionOfNotesPayableValue`	$31.00K	USD	Annual
Interest payment by shareholder	`InterestPaymentByShareholder`	$167.00	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-10.72K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-29.70K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-235.71K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-37.63K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-62.58K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-99.86K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$33.70K	USD	Annual
Net loss for the three months ended March 2013	`NetIncomeLossOne`	$-18.98K	USD	2 Qtrs
Net loss for the three months ended June 2013	`NetIncomeLossTwo`	$-10.72K	USD	2 Qtrs
Distributions	`Distributions`	$-16.18K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$-36.64K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-230.20K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-19.12K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-18.54K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-259.90K	USD	Point-in-time

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