10-Q Filing

ETHOS MEDIA NETWORK, INC. CIK: 1585738 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001477932-16-009684`
Period End Date	20160229
Filing Date	20160413
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	eye-20160229.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 48 Cash Flow Statement 34

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`	$920.52K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.88K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.99K	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $920,524 and $743,721, respectively	`PropertyPlantAndEquipmentNet`	$1.16M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $920,524 and $743,721, respectively	`PropertyPlantAndEquipmentNet`	$1.34M	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
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	50.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$1.35M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.18M	USD	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
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`	27.99M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.67K	USD	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	28.46M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.35K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.67K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.35K	USD	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	27.99M	shares	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	28.46M	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.67K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.35K	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, 28,462,470 and 27,990,500 shares issued and outstanding, respectively	`CommonStockValue`	$27.99K	USD	Point-in-time
Common stock: 750,000,000 authorized; $0.001 par value, 28,462,470 and 27,990,500 shares issued and outstanding, respectively	`CommonStockValue`	$28.46K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.82M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.14M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.34M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.18M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.35M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.18M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$21.62K	USD	1 Quarter
Revenues	`Revenues`	$27.38K	USD	2 Qtrs
Revenues	`Revenues`	$11.30K	USD	2 Qtrs
Revenues	`Revenues`	$350.00	USD	1 Quarter
Contractor costs	`DirectOperatingCosts`	$16.16K	USD	2 Qtrs
Contractor costs	`DirectOperatingCosts`	$73.15K	USD	1 Quarter
Contractor costs	`DirectOperatingCosts`	$82.27K	USD	2 Qtrs
Contractor costs	`DirectOperatingCosts`	$8.22K	USD	1 Quarter
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$114.50K	USD	1 Quarter
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$311.00K	USD	2 Qtrs
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$311.00K	USD	1 Quarter
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$114.50K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$5.54K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$3.64K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.77K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$54.66K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.25K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.41K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.16K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$36.19K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$176.80K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.84K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$92.01K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$169.68K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$594.81K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$393.41K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$430.16K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$291.38K	USD	1 Quarter
Net loss from operations	`OperatingIncomeLoss`	$-583.51K	USD	2 Qtrs
Net loss from operations	`OperatingIncomeLoss`	$-366.03K	USD	2 Qtrs
Net loss from operations	`OperatingIncomeLoss`	$-269.75K	USD	1 Quarter
Net loss from operations	`OperatingIncomeLoss`	$-429.81K	USD	1 Quarter
Gain on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	$6.69K	USD	1 Quarter
Gain on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	$6.69K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-583.51K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-429.81K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-359.33K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-263.06K	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.02	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`	$-0.02	USD	2 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.24M	shares	2 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.36M	shares	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.78M	shares	2 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.81M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-583.51K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-429.81K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-359.33K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-263.06K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$176.80K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$169.68K	USD	2 Qtrs
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$114.50K	USD	1 Quarter
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$311.00K	USD	2 Qtrs
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$311.00K	USD	1 Quarter
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$114.50K	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
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.46K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.32K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.71K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-94.38K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$105.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$18.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$105.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$18.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$285.00	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.62K	USD	2 Qtrs
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.88K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.99K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$10.88K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$17.99K	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

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