10-Q Filing

ETHOS MEDIA NETWORK, INC. CIK: 1585738 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001477932-16-008023`
Period End Date	20151130
Filing Date	20160113
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	eye-20151130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 20 Cash Flow Statement 32

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$743.72K	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$828.52K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$299.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.29K	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $828,518 and $743,721, respectively	`PropertyPlantAndEquipmentNet`	$1.25M	USD	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $828,518 and $743,721, respectively	`PropertyPlantAndEquipmentNet`	$1.34M	USD	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 ASSETS	`Assets`	$1.30M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.35M	USD	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	50.00M	shares	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
Accounts payable	`AccountsPayableCurrent`	$5.17K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.35K	USD	Point-in-time
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.35K	USD	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.17K	USD	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	27.99M	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.35K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$5.17K	USD	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	28.18M	shares	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	28.18M	shares	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	27.99M	shares	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, 28,175,500 and 27,990,500 shares issued and outstanding, respectively	`CommonStockValue`	$28.18K	USD	Point-in-time
Common stock: 750,000,000 authorized; $0.001 par value, 28,175,500 and 27,990,500 shares issued and outstanding, respectively	`CommonStockValue`	$27.99K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.51M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.14M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.30M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.34M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.35M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.30M	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$5.75K	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$10.95K	USD	1 Quarter
Contractor costs	`DirectOperatingCosts`	$7.93K	USD	1 Quarter
Contractor costs	`DirectOperatingCosts`	$9.12K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$52.89K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.90K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.17K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.02K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.80K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.84K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$164.65K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$102.03K	USD	1 Quarter
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-96.27K	USD	1 Quarter
Net loss from operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-153.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-153.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.27K	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.74M	shares	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.12M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-153.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.27K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$84.80K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$84.84K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-100.00	USD	1 Quarter
Stock issued for service provided	`SharesIssuedForServicesProvided`	-	USD	1 Quarter
Stock issued for service provided	`SharesIssuedForServicesProvided`	$4.00K	USD	1 Quarter
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$1.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.77K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.83K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-65.07K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.30K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$105.00K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$105.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$39.93K	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`	$299.00	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$47.29K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	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`	$299.00	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$47.29K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	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

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