10-Q Filing

ETHOS MEDIA NETWORK, INC. CIK: 1585738 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001477932-16-011028`
Period End Date	20160531
Filing Date	20160627
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	eye-20160531.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 48 Cash Flow Statement 36

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.01M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$743.72K	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`	$7.37K	USD	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.81K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.57K	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,005,321 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
Property and equipment, net of accumulated depreciation of $1,005,321 and $743,721, respectively	`PropertyPlantAndEquipmentNet`	$1.08M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.35M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.08M	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
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`	$1.35K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.28K	USD	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	28.46M	shares	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	28.46M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.28K	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
TOTAL LIABILITIES	`Liabilities`	$1.35K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$5.28K	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`	$2.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.82M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.82M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.08M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.34M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.08M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.35M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$23.62K	USD	1 Quarter
Revenues	`Revenues`	$15.00K	USD	3 Qtrs
Revenues	`Revenues`	$51.00K	USD	3 Qtrs
Revenues	`Revenues`	$3.70K	USD	1 Quarter
Contractor costs	`DirectOperatingCosts`	$2.68K	USD	1 Quarter
Contractor costs	`DirectOperatingCosts`	$112.17K	USD	3 Qtrs
Contractor costs	`DirectOperatingCosts`	$18.84K	USD	3 Qtrs
Contractor costs	`DirectOperatingCosts`	$29.90K	USD	1 Quarter
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$60.00K	USD	1 Quarter
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$311.00K	USD	3 Qtrs
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$174.50K	USD	3 Qtrs
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$4.73K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$10.44K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$59.39K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$4.90K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.87K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.06K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.28K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$46.25K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$261.60K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.84K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$254.53K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.80K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$697.08K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$102.27K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$579.92K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$186.51K	USD	1 Quarter
Net loss from operations	`OperatingIncomeLoss`	$-98.57K	USD	1 Quarter
Net loss from operations	`OperatingIncomeLoss`	$-528.91K	USD	3 Qtrs
Net loss from operations	`OperatingIncomeLoss`	$-682.08K	USD	3 Qtrs
Net loss from operations	`OperatingIncomeLoss`	$-162.88K	USD	1 Quarter
Gain on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	$-497.00	USD	1 Quarter
Gain on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	$6.20K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-522.72K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-98.57K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-682.08K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-163.38K	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.02	USD	3 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasic`	-	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
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.32M	shares	3 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.46M	shares	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.81M	shares	3 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.88M	shares	1 Quarter

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-522.72K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-98.57K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-682.08K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-163.38K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$254.53K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$261.60K	USD	3 Qtrs
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$60.00K	USD	1 Quarter
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$311.00K	USD	3 Qtrs
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$174.50K	USD	3 Qtrs
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Accounts receivable, net allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$77.62K	USD	3 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	3 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$497.00	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.46K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.92K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.03K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-105.55K	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$105.00K	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$18.00K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$105.00K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$18.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.03K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-554.00	USD	3 Qtrs
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.81K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.57K	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`	$6.81K	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`	$2.57K	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

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