10-Q Filing

ETHOS MEDIA NETWORK, INC. CIK: 1585738 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001477932-15-000362`
Period End Date	20141130
Filing Date	20150114
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	eye-20141130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 22 Cash Flow Statement 40

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.53K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.62K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.64K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$299.00	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$397.32K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.45K	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$482.17K	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8,525 and $8,625, respectively	`AccountsAndNotesReceivableNet`	$77.62K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8,525 and $8,625, respectively	`AccountsAndNotesReceivableNet`	$76.72K	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable	`NotesReceivableNet`	$497.00	USD	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Notes receivable	`NotesReceivableNet`	$497.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$77.52K	USD	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	50.00M	shares	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	50.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$88.72K	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	50.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $482,166 and $397,324, respectively	`PropertyPlantAndEquipmentNet`	$1.59M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $482,166 and $397,324, respectively	`PropertyPlantAndEquipmentNet`	$1.68M	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	50.00M	shares	Point-in-time
Total assets	`Assets`	$1.67M	USD	Point-in-time
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$1.77M	USD	Point-in-time
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	27.74M	shares	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	27.74M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.69K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.46K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.69K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.46K	USD	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	27.74M	shares	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	27.74M	shares	Point-in-time
Total liabilities	`Liabilities`	$6.69K	USD	Point-in-time
Total liabilities	`Liabilities`	$10.46K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock: 500,000,000 authorized; $0.001 par value 50,000,000 and 50,000,000 shares issued and outstanding, respectively	`PreferredStockValue`	$50.00K	USD	Point-in-time
Preferred stock: 500,000,000 authorized; $0.001 par value 50,000,000 and 50,000,000 shares issued and outstanding, respectively	`PreferredStockValue`	$50.00K	USD	Point-in-time
Common stock: 750,000,000 authorized; $0.001 par value 27,742,000 and 27,738,000 shares issued and outstanding, respectively	`CommonStockValue`	$27.74K	USD	Point-in-time
Common stock: 750,000,000 authorized; $0.001 par value 27,742,000 and 27,738,000 shares issued and outstanding, respectively	`CommonStockValue`	$27.74K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-614.63K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-518.36K	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.76M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.66M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.77M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.67M	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$16.15K	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$5.75K	USD	1 Quarter
Direct costs	`DirectOperatingCosts`	$13.48K	USD	1 Quarter
Direct costs	`DirectOperatingCosts`	$9.12K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.90K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$11.05K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.14K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.17K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.84K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$53.31K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$102.03K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$86.98K	USD	1 Quarter
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-96.27K	USD	1 Quarter
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-70.83K	USD	1 Quarter
Other income (expense)	`OtherExpenses`	-	USD	1 Quarter
Other income (expense)	`OtherExpenses`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.27K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-70.83K	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted Average share outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.74M	shares	1 Quarter
Weighted Average share outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.13M	shares	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-96.27K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-70.83K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$84.84K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$53.31K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-100.00	USD	1 Quarter
Stock issued for services provided	`SharesIssuedForServicesProvided`	$4.00K	USD	1 Quarter
Stock issued for services provided	`SharesIssuedForServicesProvided`	-	USD	1 Quarter
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$1.80K	USD	1 Quarter
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-1.00K	USD	1 Quarter
Prepaid and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-5.75K	USD	1 Quarter
Prepaid and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.77K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Accrued expense	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	1 Quarter
Accrued expense	`IncreaseDecreaseInOtherAccruedLiabilities`	$2.30K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.27K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.30K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$530.00	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	-	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-530.00	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-11.80K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.30K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.64K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$299.00	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$49.45K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$37.64K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$299.00	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$49.45K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Leasehold improvements as a contribution of Capital	`LeaseholdImprovementsAsContributionOfCapital`	-	USD	1 Quarter
Leasehold improvements as a contribution of Capital	`LeaseholdImprovementsAsContributionOfCapital`	$34.32K	USD	1 Quarter
Equipment deposit settled with stock	`EquipmentDepositSettledWithStock`	-	USD	1 Quarter
Equipment deposit settled with stock	`EquipmentDepositSettledWithStock`	$157.84K	USD	1 Quarter

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