10-K Filing

NOVO INTEGRATED SCIENCES, INC. CIK: 1138978 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001477932-17-001082`
Period End Date	20161231
Filing Date	20170307
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	tteg-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 16 Cash Flow Statement 56 Stockholders Equity 17

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Convertible Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$14.12K	USD	Point-in-time
Convertible Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.83K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$54.35K	USD	Point-in-time
Convertible Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid asset	`PrepaidExpenseAndOtherAssets`	-	USD	Point-in-time
Prepaid asset	`PrepaidExpenseAndOtherAssets`	$1.73K	USD	Point-in-time
Convertible Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$56.08K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$14.12K	USD	Point-in-time
Convertible Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Intangible asset	`IntangibleAssetsCurrent`	$13.75K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Intangible asset	`IntangibleAssetsCurrent`	$13.75K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	499.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	499.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$27.87K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$69.83K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.06M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.06M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.72M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.66K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.12K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$19.66K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$13.12K	USD	Point-in-time
Convertible Preferred Stock; $0.001 par value; 1,000,000 shares authorized; 0 (2016) and 0 (2015) shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Convertible Preferred Stock; $0.001 par value; 1,000,000 shares authorized; 0 (2016) and 0 (2015) shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock; $0.001 par value; 499,000,000 shares authorized; 22,717,974 (2016) and 22,058,425 (2015) shares issued and outstanding	`CommonStockValueOutstanding`	$22.72K	USD	Point-in-time
Common stock; $0.001 par value; 499,000,000 shares authorized; 22,717,974 (2016) and 22,058,425 (2015) shares issued and outstanding	`CommonStockValueOutstanding`	$22.06K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$22.42M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$22.22M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.22M	USD	Point-in-time
Total Stockholder's Equity	`StockholdersEquity`	$50.17K	USD	Point-in-time
Total Stockholder's Equity	`StockholdersEquity`	$-625.67K	USD	Point-in-time
Total Stockholder's Equity	`StockholdersEquity`	$14.75K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY	`LiabilitiesAndStockholdersEquity`	$27.87K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY	`LiabilitiesAndStockholdersEquity`	$69.83K	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
Operating costs	`OtherCostAndExpenseOperating`	$164.89K	USD	Annual
Operating costs	`OtherCostAndExpenseOperating`	$401.57K	USD	Annual
Total operating costs and expenses	`OperatingCostsAndExpenses`	$164.89K	USD	Annual
Total operating costs and expenses	`OperatingCostsAndExpenses`	$401.57K	USD	Annual
Other income	`OtherOperatingIncome`	$34.00K	USD	Annual
Other income	`OtherOperatingIncome`	-	USD	Annual
Interest and other expenses, net	`InterestExpense`	-	USD	Annual
Interest and other expenses, net	`InterestExpense`	$2.40M	USD	Annual
TOTAL OTHER (INCOME) EXPENSE	`OtherNonoperatingExpense`	-	USD	Annual
TOTAL OTHER (INCOME) EXPENSE	`OtherNonoperatingExpense`	$2.37M	USD	Annual
NET (LOSS)	`NetIncomeLoss`	$-164.89K	USD	Annual
NET (LOSS)	`NetIncomeLoss`	$-2.77M	USD	Annual
NET (LOSS) PER COMMON SHARE, BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
NET (LOSS) PER COMMON SHARE, BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	22.36M	shares	Annual
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.85M	shares	Annual

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Conversion of convertible debt to equity (in shares)	`DebtConversionConvertedInstrumentSharesOutstanding`	2.37M	shares	Annual
Accrued interest	`DebtInstrumentIncreaseAccruedInterest`	$69.08K	USD	Annual
Net loss	`NetIncomeLoss`	$-164.89K	USD	Annual
Net loss	`NetIncomeLoss`	$-2.77M	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$50.31K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$327.60K	USD	Annual
Common stock issued for services and amortization of common stock issued for services	`CommonStockIssuedForServicesAndAmortizationOfCommonStockIssuedForServices`	$15.62K	USD	Annual
Common stock issued for services and amortization of common stock issued for services	`CommonStockIssuedForServicesAndAmortizationOfCommonStockIssuedForServices`	-	USD	Annual
Amortization of deferred offering costs	`AmortizationOfDeferredOfferingCosts`	-	USD	Annual
Amortization of deferred offering costs	`AmortizationOfDeferredOfferingCosts`	$2.38M	USD	Annual
Depreciation	`Depreciation`	-	USD	Annual
Depreciation	`Depreciation`	$1.01K	USD	Annual
Loss on disposal of fixed asset	`LossOnDisposalOfFixedAsset`	$6.00K	USD	Annual
Loss on disposal of fixed asset	`LossOnDisposalOfFixedAsset`	-	USD	Annual
Gain on relief of accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayable`	$-34.00K	USD	Annual
Gain on relief of accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayable`	-	USD	Annual
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.73K	USD	Annual
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	Annual
Gain on foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossRealized`	-	USD	Annual
Gain on foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossRealized`	$-88.79K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-35.43K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.54K	USD	Annual
Accrued payroll	`IncreaseDecreaseInEmployeeRelatedLiabilities`	-	USD	Annual
Accrued payroll	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-68.00	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$24.07K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	Annual
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-109.77K	USD	Annual
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-175.62K	USD	Annual
Purchase of intangible asset	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Purchase of intangible asset	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$150.00K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$170.00K	USD	Annual
Proceeds from issuance of notes payable, related party	`ProceedsFromConvertibleDebt`	$17.91K	USD	Annual
Proceeds from issuance of notes payable, related party	`ProceedsFromConvertibleDebt`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$187.91K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$150.00K	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$12.29K	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$40.23K	USD	Annual
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.12K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.83K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.35K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.12K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.83K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$54.35K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Foreign currency translation adjustment	`ForeignCurrencyTranslationAdjustment`	$-49.83K	USD	Annual
Foreign currency translation adjustment	`ForeignCurrencyTranslationAdjustment`	-	USD	Annual
Common stock issued for conversion of debt and accrued interest to equity (2,369,675 shares) includes $69,075 of accrued interest	`CommonStockIssuedForConversionOfDebtAndAccruedInterestToEquity2369675SharesIncludes69075OfAccruedInterest`	$568.66K	USD	Annual
Common stock issued for conversion of debt and accrued interest to equity (2,369,675 shares) includes $69,075 of accrued interest	`CommonStockIssuedForConversionOfDebtAndAccruedInterestToEquity2369675SharesIncludes69075OfAccruedInterest`	-	USD	Annual
Write off of stock subscription receivable	`WriteOffOfStockSubscriptionReceivable`	-	USD	Annual
Write off of stock subscription receivable	`WriteOffOfStockSubscriptionReceivable`	$200.00K	USD	Annual
Issuance of common stock for prepaid services	`IssuanceOfCommonStockForPrepaidServices`	$15.00K	USD	Annual
Issuance of common stock for prepaid services	`IssuanceOfCommonStockForPrepaidServices`	-	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, amount	`StockholdersEquity`	$50.17K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$-625.67K	USD	Point-in-time
Beginning balance, amount	`StockholdersEquity`	$14.75K	USD	Point-in-time
Issuance of common stock for cash, amount	`IssuanceOfCommonStockForCashAmount`	$150.00K	USD	Annual
Issuance of common stock for cash, amount	`IssuanceOfCommonStockForCashAmount`	$170.00K	USD	Annual
Issuance of common stock for conversion of debt, amount	`IssuanceOfCommonStockForConversionOfDebtAmount`	$568.66K	USD	Annual
Issuance of common stock for services, amount	`StockIssuedDuringPeriodValueIssuedForServices`	$15.62K	USD	Annual
Issuance of common stock options	`IssuanceOfCommonStockOptions`	$50.31K	USD	Annual
Issuance of common stock options	`IssuanceOfCommonStockOptions`	$327.60K	USD	Annual
Amortization of deferred non-cash offering costs	`AmortizationOfDeferredNoncashOfferingCosts`	$2.38M	USD	Annual
Foreign currency translation adjustment	`ForeignCurrencyTranslationAdjustment`	$-49.83K	USD	Annual
Foreign currency translation adjustment	`ForeignCurrencyTranslationAdjustment`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-164.89K	USD	Annual
Net loss	`NetIncomeLoss`	$-2.77M	USD	Annual
Ending balance, amount	`StockholdersEquity`	$50.17K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$-625.67K	USD	Point-in-time
Ending balance, amount	`StockholdersEquity`	$14.75K	USD	Point-in-time

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