10-Q Filing

ETHOS MEDIA NETWORK, INC. CIK: 1585738 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001477932-15-004456`
Period End Date	20150531
Filing Date	20150714
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	eye-20150531.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 48 Cash Flow Statement 42

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.62K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.05K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.57K	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$397.32K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.45K	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$651.85K	USD	Point-in-time
Accounts receivable, net allowance for doubtful accounts of $-0- and $8,625, respectively	`AccountsAndNotesReceivableNet`	-	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net allowance for doubtful accounts of $-0- and $8,625, respectively	`AccountsAndNotesReceivableNet`	$77.62K	USD	Point-in-time
Notes receivable	`NotesReceivableNet`	-	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
Preferred stock, Shares issued	`PreferredStockSharesIssued`	50.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$88.72K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.57K	USD	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	50.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $651,849 and $397,324, respectively	`PropertyPlantAndEquipmentNet`	$1.42M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $651,849 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
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.77M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.43M	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
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	27.74M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.46K	USD	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	27.91M	shares	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	27.74M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.46K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	-	USD	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	27.91M	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	-	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$10.46K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 9)	`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, 27,910,500 and 27,738,000 shares issued and outstanding, respectively	`CommonStockValue`	$27.91K	USD	Point-in-time
Common stock: 750,000,000 authorized; $0.001 par value, 27,910,500 and 27,738,000 shares issued and outstanding, respectively	`CommonStockValue`	$27.74K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-518.36K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.04M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.76M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.43M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.43M	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`	$23.62K	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$42.38K	USD	3 Qtrs
Revenues	`SalesRevenueGoodsNet`	$21.23K	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$51.00K	USD	3 Qtrs
Personnel costs	`PersonnelCosts`	$29.90K	USD	1 Quarter
Personnel costs	`PersonnelCosts`	$24.08K	USD	3 Qtrs
Personnel costs	`PersonnelCosts`	$24.08K	USD	1 Quarter
Personnel costs	`PersonnelCosts`	$112.17K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$60.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$174.50K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$17.27K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$56.71K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$4.90K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$10.44K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.87K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$-21.47K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$42.34K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$28.28K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$301.15K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$101.10K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.84K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$254.53K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$424.28K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$186.51K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$120.98K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$579.92K	USD	3 Qtrs
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-162.88K	USD	1 Quarter
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-528.91K	USD	3 Qtrs
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-381.90K	USD	3 Qtrs
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-99.75K	USD	1 Quarter
Gain (loss) on settlement of payables	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Gain (loss) on settlement of payables	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Gain (loss) on settlement of payables	`GainLossRelatedToLitigationSettlement`	$6.20K	USD	3 Qtrs
Gain (loss) on settlement of payables	`GainLossRelatedToLitigationSettlement`	$-497.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-381.90K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-522.72K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-163.38K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-99.75K	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.02	USD	3 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.88M	shares	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.73M	shares	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.81M	shares	3 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.71M	shares	3 Qtrs

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-381.90K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-522.72K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-163.38K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-99.75K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$254.53K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$271.29K	USD	3 Qtrs
Amortization of prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Amortization of prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-20.83K	USD	3 Qtrs
Stock issued for services provided	`SharesIssuedForServicesProvided`	-	USD	3 Qtrs
Stock issued for services provided	`SharesIssuedForServicesProvided`	$174.50K	USD	3 Qtrs
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$14.15K	USD	3 Qtrs
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-77.62K	USD	3 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-497.00	USD	3 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-9.58K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.46K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.46K	USD	3 Qtrs
Accrued expense	`IncreaseDecreaseInOtherAccruedLiabilities`	$498.00	USD	3 Qtrs
Accrued expense	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.03K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-87.39K	USD	3 Qtrs
Proceeds from notes and loans payable	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Proceeds from notes and loans payable	`ProceedsFromNotesPayable`	$6.00K	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$49.00K	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$18.00K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$18.00K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$55.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-32.39K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.03K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.05K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.57K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	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`	$17.05K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.57K	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`	$49.45K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Stock issued for assets	`StockIssuedForAssets`	-	shares	3 Qtrs
Stock issued for assets	`StockIssuedForAssets`	2.03M	shares	3 Qtrs

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