10-Q Filing

VAPOR GROUP, INC. CIK: 1315718 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001477932-14-006255`
Period End Date	20140930
Filing Date	20141114
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	vpor-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 59 Cash Flow Statement 51

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Shares authorised	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$859.06K	USD	Point-in-time
Preferred stock, Shares authorised	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$48.18K	USD	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	1.25M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$104.86K	USD	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	1.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$955.09K	USD	Point-in-time
Loan to shareholder	`NotesAndLoansReceivableNetCurrent`	$388.63K	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	1.25M	shares	Point-in-time
Loan to shareholder	`NotesAndLoansReceivableNetCurrent`	$282.87K	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	1.00M	shares	Point-in-time
Common stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$149.73K	USD	Point-in-time
Inventory	`InventoryNet`	$564.22K	USD	Point-in-time
Common stock, Shares authorised	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$358.48K	USD	Point-in-time
Common stock, Shares authorised	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$788.71K	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	429.83M	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	270.02M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.56M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$944.12K	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$18.37K	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$16.05K	USD	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	270.02M	shares	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	429.83M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$975.00	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	-	USD	Point-in-time
Deferred expenses	`DeferredCosts`	$55.00K	USD	Point-in-time
Deferred expenses	`DeferredCosts`	$87.90K	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrentNet`	$55.00K	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrentNet`	$88.87K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.05M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$176.29K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$218.29K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$88.38K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$115.33K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Payroll tax liability	`PayrollTaxLiabilityCurrent`	-	USD	Point-in-time
Payroll tax liability	`PayrollTaxLiabilityCurrent`	$59.43K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$319.53K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$3.58M	USD	Point-in-time
Loans payable	`LoansPayableCurrent`	$437.91K	USD	Point-in-time
Loans payable	`LoansPayableCurrent`	$710.00	USD	Point-in-time
Sales tax payable	`TaxesPayableCurrent`	$10.00K	USD	Point-in-time
Sales tax payable	`TaxesPayableCurrent`	$9.20K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$855.01K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$4.16M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$855.01K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$4.16M	USD	Point-in-time
Preferred stock, $0.001 par value, 15,000,000 shares authorized, 1,250,000 and 1,000,000 issued and outstanding at September 30, 2014 and December 31, 2013, respectively	`PreferredStockValue`	$1.25K	USD	Point-in-time
Preferred stock, $0.001 par value, 15,000,000 shares authorized, 1,250,000 and 1,000,000 issued and outstanding at September 30, 2014 and December 31, 2013, respectively	`PreferredStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.001 par value, 1,000,000,000 shares authorized, 429,827,024 and 270,020,145 issued and outstanding at September 30, 2014 and December 31, 2013, respectively,	`CommonStockValue`	$270.02K	USD	Point-in-time
Common stock, $0.001 par value, 1,000,000,000 shares authorized, 429,827,024 and 270,020,145 issued and outstanding at September 30, 2014 and December 31, 2013, respectively,	`CommonStockValue`	$429.83K	USD	Point-in-time
Adiditional Paid-in-Capital	`AdditionalPaidInCapital`	$-216.69K	USD	Point-in-time
Adiditional Paid-in-Capital	`AdditionalPaidInCapital`	$109.96K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-748.78K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-186.94K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-534.40K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$194.04K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$3.63M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.05M	USD	Point-in-time

Income Statement 59 line items

Line Item	Tag	Value	Unit	Period
NET REVENUES	`Revenues`	$1.31M	USD	1 Quarter
NET REVENUES	`Revenues`	$760.48K	USD	1 Quarter
NET REVENUES	`Revenues`	$3.30M	USD	3 Qtrs
NET REVENUES	`Revenues`	$855.20K	USD	3 Qtrs
COST OF REVENUES	`CostOfRevenue`	$450.20K	USD	3 Qtrs
COST OF REVENUES	`CostOfRevenue`	$450.20K	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$1.27M	USD	3 Qtrs
COST OF REVENUES	`CostOfRevenue`	$429.99K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$877.54K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$405.00K	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$310.27K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.03M	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$8.18K	USD	1 Quarter
Advertising and promotion	`AdvertisingExpense`	$14.26K	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$530.38K	USD	3 Qtrs
Advertising and promotion	`AdvertisingExpense`	$91.01K	USD	1 Quarter
Commissions	`CommissionExpenses`	$23.77K	USD	1 Quarter
Commissions	`CommissionExpenses`	$472.06K	USD	3 Qtrs
Commissions	`CommissionExpenses`	-	USD	3 Qtrs
Commissions	`CommissionExpenses`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$76.64K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$38.72K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$41.96K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$157.11K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.50M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$133.71K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$870.09K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$183.77K	USD	3 Qtrs
Total cost and expenses	`OperatingExpenses`	$239.99K	USD	3 Qtrs
Total cost and expenses	`OperatingExpenses`	$180.61K	USD	1 Quarter
Total cost and expenses	`OperatingExpenses`	$1.06M	USD	1 Quarter
Total cost and expenses	`OperatingExpenses`	$2.66M	USD	3 Qtrs
(Loss) from continuing operations	`OperatingIncomeLoss`	$129.67K	USD	1 Quarter
(Loss) from continuing operations	`OperatingIncomeLoss`	$-626.30K	USD	3 Qtrs
(Loss) from continuing operations	`OperatingIncomeLoss`	$165.01K	USD	3 Qtrs
(Loss) from continuing operations	`OperatingIncomeLoss`	$-183.98K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Other Income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other Income	`OtherNonoperatingIncome`	$64.46K	USD	3 Qtrs
Other Income	`OtherNonoperatingIncome`	$92.33K	USD	3 Qtrs
Total other income and (expense)	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income and (expense)	`NonoperatingIncomeExpense`	$92.33K	USD	3 Qtrs
Total other income and (expense)	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income and (expense)	`NonoperatingIncomeExpense`	$64.46K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-561.84K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$257.35K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-183.98K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$129.67K	USD	1 Quarter
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	$1.30K	USD	1 Quarter
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	$2.57K	USD	3 Qtrs
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	306.78M	shares	3 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	100.00	shares	3 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	338.96M	shares	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	100.00	shares	1 Quarter

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-561.84K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$257.35K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-183.98K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$129.67K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	-	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$2.52K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-414.49K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$188.16K	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-850.23K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-430.23K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-201.79K	USD	3 Qtrs
Accounts payables	`IncreaseDecreaseInAccountsPayable`	$-77.92K	USD	3 Qtrs
Accounts payables	`IncreaseDecreaseInAccountsPayable`	$176.29K	USD	3 Qtrs
Deferred expenses	`IncreaseDecreaseInDeferredCharges`	$328.60K	USD	3 Qtrs
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	3 Qtrs
Accrued Expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$116.13K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-11.93K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$129.92K	USD	3 Qtrs
Payroll liabilitiy	`IncreaseDecreaseInOtherCurrentLiabilities`	$59.43K	USD	3 Qtrs
Payroll liabilitiy	`IncreaseDecreaseInOtherCurrentLiabilities`	-	USD	3 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$153.88K	USD	3 Qtrs
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-1.44M	USD	3 Qtrs
Payments for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.94K	USD	3 Qtrs
Payments for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.94K	USD	3 Qtrs
Loan to shareholder	`LoanToShareholder`	$14.31K	USD	3 Qtrs
Loan to shareholder	`LoanToShareholder`	$105.76K	USD	3 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$2.86M	USD	3 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from loans payable	`ProceedsFromNotesPayable`	$26.28K	USD	3 Qtrs
Proceeds from loans payable	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Payment of loans	`PaymentsForLoans`	-	USD	3 Qtrs
Payment of loans	`PaymentsForLoans`	$437.20K	USD	3 Qtrs
Net cash used in provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.97K	USD	3 Qtrs
Net cash used in provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.31M	USD	3 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashPeriodIncreaseDecrease`	$810.88K	USD	3 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashPeriodIncreaseDecrease`	$165.84K	USD	3 Qtrs
CASH - BEGINNING OF YEAR	`Cash`	$7.03K	USD	Point-in-time
CASH - BEGINNING OF YEAR	`Cash`	$859.06K	USD	Point-in-time
CASH - BEGINNING OF YEAR	`Cash`	$172.87K	USD	Point-in-time
CASH - BEGINNING OF YEAR	`Cash`	$48.18K	USD	Point-in-time
CASH - END OF YEAR	`Cash`	$7.03K	USD	Point-in-time
CASH - END OF YEAR	`Cash`	$859.06K	USD	Point-in-time
CASH - END OF YEAR	`Cash`	$172.87K	USD	Point-in-time
CASH - END OF YEAR	`Cash`	$48.18K	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs

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