10-Q Filing

ETHOS MEDIA NETWORK, INC. CIK: 1585738 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001477932-17-001356`
Period End Date	20170228
Filing Date	20170329
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	eye-20170228.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 48 Cash Flow Statement 34

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.51M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.09M	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
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.99K	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`	$2.71K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.07K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.71K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.07K	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$1,512,760 and $1,090,118, respectively	`PropertyPlantAndEquipmentNet`	$493.94K	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
Property and equipment, net of accumulated depreciation of$1,512,760 and $1,090,118, respectively	`PropertyPlantAndEquipmentNet`	$991.69K	USD	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`	$496.64K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$993.76K	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`	28.79M	shares	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	28.58M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.58K	USD	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	28.79M	shares	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	28.58M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.62K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.58K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.62K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$10.58K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$6.62K	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 28,789,451 and 28,576,951 shares issued and outstanding, respectively	`CommonStockValue`	$28.79K	USD	Point-in-time
Common stock: 750,000,000 authorized; $0.001 par value 28,789,451 and 28,576,951 shares issued and outstanding, respectively	`CommonStockValue`	$28.58K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.98M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$486.06K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$987.13K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$993.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$496.64K	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$21.07K	USD	2 Qtrs
Revenues	`Revenues`	$10.80K	USD	1 Quarter
Revenues	`Revenues`	$11.30K	USD	2 Qtrs
Revenues	`Revenues`	$350.00	USD	1 Quarter
Contractor costs	`DirectOperatingCosts`	$1.45K	USD	2 Qtrs
Contractor costs	`DirectOperatingCosts`	$8.22K	USD	1 Quarter
Contractor costs	`DirectOperatingCosts`	$16.16K	USD	2 Qtrs
Contractor costs	`DirectOperatingCosts`	$1.00K	USD	1 Quarter
Stock issued for services	`StockIssuedForServices`	-	USD	2 Qtrs
Stock issued for services	`StockIssuedForServices`	$311.00K	USD	2 Qtrs
Stock issued for services	`StockIssuedForServices`	$311.00K	USD	1 Quarter
Stock issued for services	`StockIssuedForServices`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$12.15K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$54.66K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$1.77K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$4.55K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.70K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$36.19K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.16K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.30K	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$335.67K	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$136.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$162.08K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.80K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$92.01K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$176.80K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$245.05K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$534.65K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$430.16K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$594.81K	USD	2 Qtrs
Net loss from operations	`OperatingIncomeLoss`	$-234.25K	USD	1 Quarter
Net loss from operations	`OperatingIncomeLoss`	$-583.51K	USD	2 Qtrs
Net loss from operations	`OperatingIncomeLoss`	$-513.58K	USD	2 Qtrs
Net loss from operations	`OperatingIncomeLoss`	$-429.81K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-429.81K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-583.51K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-234.25K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-513.58K	USD	2 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.61M	shares	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`	28.64M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-429.81K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-583.51K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-234.25K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-513.58K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$176.80K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$162.08K	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$335.67K	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$136.00K	USD	1 Quarter
Stock issued for services provided	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Stock issued for services provided	`StockIssuedDuringPeriodValueIssuedForServices`	$311.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.96K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.32K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-94.38K	USD	2 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.87K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$105.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$12.50K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$105.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$12.50K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$635.00	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`	$17.99K	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`	$2.71K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.07K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$17.99K	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`	$2.71K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.07K	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.