10-K Filing

VAPOR GROUP, INC. CIK: 1315718 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001477932-15-002080`
Period End Date	20141231
Filing Date	20150331
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	vpor-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 30 Cash Flow Statement 49 Stockholders Equity 11

Balance Sheet 65 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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$413.23K	USD	Point-in-time
Preferred stock, Shares authorised	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$48.18K	USD	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
Accounts receivable	`AccountsReceivableNetCurrent`	$104.86K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$257.99K	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Loan to shareholder	`LoanToShareholder`	-	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Loan to shareholder	`LoanToShareholder`	$282.87K	USD	Point-in-time
Common stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$149.73K	USD	Point-in-time
Common stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$1.01M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$358.48K	USD	Point-in-time
Common stock, Shares authorised	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$1.42M	USD	Point-in-time
Common stock, Shares authorised	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	50.45M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.10M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$944.12K	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	100,000.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentGross`	$75.57K	USD	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	50.45M	shares	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	100,000.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentGross`	$16.05K	USD	Point-in-time
Intangible assets, net	`OtherIntangibleAssetsNet`	$15.00K	USD	Point-in-time
Intangible assets, net	`OtherIntangibleAssetsNet`	$975.00	USD	Point-in-time
Deferred expenses	`DeferredTaxAssetsTaxDeferredExpense`	$79.00	USD	Point-in-time
Deferred expenses	`DeferredTaxAssetsTaxDeferredExpense`	$87.90K	USD	Point-in-time
Total other assets	`OtherAssets`	$88.87K	USD	Point-in-time
Total other assets	`OtherAssets`	$15.08K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.19M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$63.83K	USD	Point-in-time
Accrued interest	`AccruedLiabilitiesCurrent`	$88.38K	USD	Point-in-time
Accrued interest	`AccruedLiabilitiesCurrent`	$245.75K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$3.15M	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$319.53K	USD	Point-in-time
Loans payable	`LoansPayable`	$2.67K	USD	Point-in-time
Loans payable	`LoansPayable`	$437.91K	USD	Point-in-time
Payroll taxes payable	`AccruedPayrollTaxesCurrent`	$76.82K	USD	Point-in-time
Payroll taxes payable	`AccruedPayrollTaxesCurrent`	-	USD	Point-in-time
Sales tax payable	`SalesAndExciseTaxPayableCurrent`	$9.20K	USD	Point-in-time
Sales tax payable	`SalesAndExciseTaxPayableCurrent`	$10.39K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$3.55M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$855.01K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$855.01K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.55M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 2,500,000,000 shares authorized, 50,451,000 and 100,000 issued and outstanding at December 31, 2014 and 2013 respectively,	`CommonStockValue`	$50.45K	USD	Point-in-time
Common stock, $0.0001 par value, 2,500,000,000 shares authorized, 50,451,000 and 100,000 issued and outstanding at December 31, 2014 and 2013 respectively,	`CommonStockValue`	$927.97K	USD	Point-in-time
Adiditional Paid-in-Capital	`AdditionalPaidInCapital`	$-808.15K	USD	Point-in-time
Retained earnings(accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$373.89K	USD	Point-in-time
Retained earnings(accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-481.39K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$424.34K	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-361.57K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.28M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$3.19M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
NET REVENUES	`Revenues`	$4.48M	USD	Annual
NET REVENUES	`Revenues`	$1.99M	USD	Annual
COST OF REVENUES	`CostOfGoodsSold`	$1.42M	USD	Annual
COST OF REVENUES	`CostOfGoodsSold`	$866.75K	USD	Annual
GROSS PROFIT	`GrossProfit`	$1.12M	USD	Annual
GROSS PROFIT	`GrossProfit`	$3.06M	USD	Annual
Advertising and promotion	`MarketingAndAdvertisingExpense`	$740.45K	USD	Annual
Advertising and promotion	`MarketingAndAdvertisingExpense`	$67.95K	USD	Annual
Commissions	`SalesCommissionsAndFees`	$45.05K	USD	Annual
Commissions	`SalesCommissionsAndFees`	$491.70K	USD	Annual
Officers Compensation	`OfficersCompensation`	$150.00K	USD	Annual
Officers Compensation	`OfficersCompensation`	-	USD	Annual
Professional fees	`ProfessionalFees`	$95.78K	USD	Annual
Professional fees	`ProfessionalFees`	$303.72K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$497.88K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.26M	USD	Annual
Total cost and expense	`OperatingExpenses`	$856.66K	USD	Annual
Total cost and expense	`OperatingExpenses`	$3.80M	USD	Annual
(Loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-740.37K	USD	Annual
(Loss) from continuing operations	`IncomeLossFromContinuingOperations`	$267.61K	USD	Annual
Interest expense	`InterestExpense`	$64.46K	USD	Annual
Interest expense	`InterestExpense`	$105.89K	USD	Annual
Total other income and (expense)	`OtherNonoperatingIncomeExpense`	$-64.46K	USD	Annual
Total other income and (expense)	`OtherNonoperatingIncomeExpense`	$-105.89K	USD	Annual
Net Income	`NetIncomeLoss`	$161.72K	USD	Annual
Net Income	`NetIncomeLoss`	$-804.83K	USD	Annual
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	-	USD	Annual
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	-	USD	Annual
Weighted average number of shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	50,451.00	shares	Annual
Weighted average number of shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	-	shares	Annual

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$161.72K	USD	Annual
Net loss	`NetIncomeLoss`	$-804.83K	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$50.35K	USD	Annual
Depreciation	`Depreciation`	$4.34K	USD	Annual
Depreciation	`Depreciation`	-	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-856.95K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$40.65K	USD	Annual
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-104.86K	USD	Annual
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-153.13K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-671.13K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-308.60K	USD	Annual
Accounts payables	`IncreaseDecreaseInAccountsPayable`	$-77.92K	USD	Annual
Accounts payables	`IncreaseDecreaseInAccountsPayable`	$63.83K	USD	Annual
Payroll tax payable	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$76.82K	USD	Annual
Sales tax payable	`IncreaseDecreaseInSalesTaxPayable`	$9.20K	USD	Annual
Sales tax payable	`IncreaseDecreaseInSalesTaxPayable`	$1.20K	USD	Annual
Deferred expenses	`IncreaseDecreaseInDeferredPensionCosts`	$-87.90K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$157.38K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$76.44K	USD	Annual
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-2.19M	USD	Annual
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-236.57K	USD	Annual
Payments for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.37K	USD	Annual
Payments for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.52K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.37K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.52K	USD	Annual
Loan to shareholder	`LoanToShareholder1`	$-248.63K	USD	Annual
Loan to shareholder	`LoanToShareholder1`	$164.19K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	Annual
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$94.80K	USD	Annual
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$2.83M	USD	Annual
Payments on loans payable loans payable	`ProceedsFromConstructionLoansPayable`	$-435.24K	USD	Annual
Payments on loans payable loans payable	`ProceedsFromConstructionLoansPayable`	$437.91K	USD	Annual
Net cash used in provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$284.08K	USD	Annual
Net cash used in provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.56M	USD	Annual
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashPeriodIncreaseDecrease`	$316.88K	USD	Annual
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashPeriodIncreaseDecrease`	$41.15K	USD	Annual
CASH - BEGINNING OF YEAR	`Cash`	$365.05K	USD	Point-in-time
CASH - BEGINNING OF YEAR	`Cash`	$48.18K	USD	Point-in-time
CASH - BEGINNING OF YEAR	`Cash`	$7.03K	USD	Point-in-time
CASH - END OF YEAR	`Cash`	$365.05K	USD	Point-in-time
CASH - END OF YEAR	`Cash`	$48.18K	USD	Point-in-time
CASH - END OF YEAR	`Cash`	$7.03K	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Stock issued for payment of debt	`StockIssuedForPaymentOfDebt`	-	USD	Annual
Stock issued for payment of debt	`StockIssuedForPaymentOfDebt`	-	USD	Annual

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-361.57K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$373.89K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.82K	USD	Point-in-time
Common stock issued for services, Amount	`StockIssuedDuringPeriodValueIssuedForServices`	$50.35K	USD	Annual
Common stock issued for Debt conversion, Amount	`ConversionOfStockAmountIssued1`	$69.37K	USD	Annual
Shares cancelled, Amount	`SharesCancelledAmount`	-	USD	Annual
Net loss	`NetIncomeLoss`	$161.72K	USD	Annual
Net loss	`NetIncomeLoss`	$-804.83K	USD	Annual
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-361.57K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$373.89K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.82K	USD	Point-in-time

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