10-Q Filing

ETHOS MEDIA NETWORK, INC. CIK: 1585738 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001477932-15-002440`
Period End Date	20150228
Filing Date	20150414
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	eye-20150228.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 48 Cash Flow Statement 44

Balance Sheet 52 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`	$32.40K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.88K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$567.01K	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net allowance for doubtful accounts of $8,525 and $8,625, respectively	`AccountsAndNotesReceivableNet`	$9.72K	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net allowance for doubtful accounts of $8,525 and $8,625, respectively	`AccountsAndNotesReceivableNet`	$77.62K	USD	Point-in-time
Notes receivable	`NotesReceivableNet`	$497.00	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
Total current assets	`AssetsCurrent`	$21.11K	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
Property and equipment, net of accumulated depreciation of $567,008 and $397,324, respectively	`PropertyPlantAndEquipmentNet`	$1.51M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $567,008 and $397,324, respectively	`PropertyPlantAndEquipmentNet`	$1.68M	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	50.00M	shares	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	50.00M	shares	Point-in-time
Total assets	`Assets`	$1.53M	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`	27.87M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.46K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	27.87M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	-	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
Total liabilities	`Liabilities`	$10.46K	USD	Point-in-time
Total liabilities	`Liabilities`	-	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, 27,870,500 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, 27,870,500 and 27,738,000 shares issued and outstanding, respectively	`CommonStockValue`	$27.87K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-518.36K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-877.69K	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.76M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.53M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.53M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.77M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$5.00K	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$21.15K	USD	2 Qtrs
Revenues	`SalesRevenueGoodsNet`	$21.62K	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$27.38K	USD	2 Qtrs
Personnel costs	`PersonnelCosts`	-	USD	1 Quarter
Personnel costs	`PersonnelCosts`	$82.27K	USD	2 Qtrs
Personnel costs	`PersonnelCosts`	-	USD	2 Qtrs
Personnel costs	`PersonnelCosts`	$73.15K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$114.50K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$114.50K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$5.54K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$28.39K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$39.44K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$3.64K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.41K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$63.81K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.25K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$41.19K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$200.05K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$146.74K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.84K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$169.68K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$393.41K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$291.38K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$303.30K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$216.32K	USD	1 Quarter
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-269.75K	USD	1 Quarter
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-282.15K	USD	2 Qtrs
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-211.32K	USD	1 Quarter
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-366.03K	USD	2 Qtrs
Gain on settlement of payables	`GainLossRelatedToLitigationSettlement`	-	USD	2 Qtrs
Gain on settlement of payables	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Gain on settlement of payables	`GainLossRelatedToLitigationSettlement`	$6.69K	USD	1 Quarter
Gain on settlement of payables	`GainLossRelatedToLitigationSettlement`	$6.69K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-263.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-359.33K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-282.15K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-211.32K	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.81M	shares	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.78M	shares	2 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.70M	shares	2 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.71M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-263.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-359.33K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-282.15K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-211.32K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$200.05K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$169.68K	USD	2 Qtrs
Stock issued for services provided	`SharesIssuedForServicesProvided`	$114.50K	USD	2 Qtrs
Stock issued for services provided	`SharesIssuedForServicesProvided`	$10.33K	USD	2 Qtrs
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-67.90K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	-	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-17.18K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.46K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Accrued expense	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	2 Qtrs
Accrued expense	`IncreaseDecreaseInOtherAccruedLiabilities`	$2.10K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-52.49K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.71K	USD	2 Qtrs
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	$2.45K	USD	2 Qtrs
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$2.45K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$33.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$18.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$18.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$33.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.04K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$285.00	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$32.40K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$49.45K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.88K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$32.40K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$49.45K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.88K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Leasehold improvements as a contribution of Capital	`LeaseholdImprovementsAsContributionOfCapital`	$34.32K	USD	2 Qtrs
Leasehold improvements as a contribution of Capital	`LeaseholdImprovementsAsContributionOfCapital`	-	USD	2 Qtrs
Equipment deposit settled with stock	`EquipmentDepositSettledWithStock`	-	USD	2 Qtrs
Equipment deposit settled with stock	`EquipmentDepositSettledWithStock`	$157.84K	USD	2 Qtrs

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