10-Q Filing

APPLIED BIOSCIENCES CORP. CIK: 1607549 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001477932-17-003815`
Period End Date	20170630
Filing Date	20170811
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	stny-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 26 Cash Flow Statement 35 Stockholders Equity 8

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$101.25K	USD	Point-in-time
Cash	`Cash`	$212.64K	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.68K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$12.84K	USD	Point-in-time
Inventory	`InventoryNet`	$22.70K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$14.09K	USD	Point-in-time
Prepaids and other current assets	`OtherPrepaidExpenseCurrent`	$10.17K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaids and other current assets	`OtherPrepaidExpenseCurrent`	$16.92K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$257.93K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$138.35K	USD	Point-in-time
Equity Investment	`EquityMethodInvestments`	$300.00K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	15.25M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	15.40M	shares	Point-in-time
Equity Investment	`EquityMethodInvestments`	$350.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	15.25M	shares	Point-in-time
Intangible asset, net	`IntangibleAssetsNetExcludingGoodwill`	$1.12M	USD	Point-in-time
Intangible asset, net	`IntangibleAssetsNetExcludingGoodwill`	$1.06M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	15.40M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$1.55M	USD	Point-in-time
Common stock shares to be issued	`CommonStockSharesToBeIssued`	23,364.00	shares	Point-in-time
Common stock shares to be issued	`CommonStockSharesToBeIssued`	150,000.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$1.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.30K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.79K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$8.45K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$19.29K	USD	Point-in-time
Accrued expenses	`OtherAccountsPayableAndAccruedLiabilities`	-	USD	Point-in-time
Accrued expenses	`OtherAccountsPayableAndAccruedLiabilities`	$21.85K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$31.58K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$53.08K	USD	Point-in-time
Preferred stock; $0.00001 par value; 5,000,000 shares authorized; none issued and outstanding at June 30, 2017 (unaudited) and March 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; $0.00001 par value; 5,000,000 shares authorized; none issued and outstanding at June 30, 2017 (unaudited) and March 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Common stock; $0.00001 par value; 200,000,000 shares authorized; 15,397,600 and 15,247,600 issued and outstanding at June 30, 2017 (unaudited) and March 31, 2017, respectively	`CommonStockValue`	$152.00	USD	Point-in-time
Common stock; $0.00001 par value; 200,000,000 shares authorized; 15,397,600 and 15,247,600 issued and outstanding at June 30, 2017 (unaudited) and March 31, 2017, respectively	`CommonStockValue`	$154.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.17M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.74M	USD	Point-in-time
Common stock to be issued, 23,364 and 150,000 shares at June 30, 2017 (unaudited) and March 31, 2017, respectively	`CommonStockToBeIssued`	$50.00K	USD	Point-in-time
Common stock to be issued, 23,364 and 150,000 shares at June 30, 2017 (unaudited) and March 31, 2017, respectively	`CommonStockToBeIssued`	$426.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-525.83K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-724.23K	USD	Point-in-time
Total Stony Hill Corp. Stockholders" Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.64M	USD	Point-in-time
Total Stony Hill Corp. Stockholders" Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$1.74K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.93K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.64M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.50M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.55M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.68M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Services	`SalesRevenueServicesNet`	-	USD	1 Quarter
Services	`SalesRevenueServicesNet`	-	USD	1 Quarter
Product, net	`SalesRevenueGoodsNet`	-	USD	1 Quarter
Product, net	`SalesRevenueGoodsNet`	$55.33K	USD	1 Quarter
Total Revenue	`Revenues`	$55.33K	USD	1 Quarter
Total Revenue	`Revenues`	-	USD	1 Quarter
COST OF REVENUE, PRODUCT	`CostOfRevenue`	$37.95K	USD	1 Quarter
COST OF REVENUE, PRODUCT	`CostOfRevenue`	-	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	-	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$17.39K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$158.46K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	-	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$56.13K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$214.59K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-197.20K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	-	USD	1 Quarter
Less: Net income attributable to non controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.20K	USD	1 Quarter
Less: Net income attributable to non controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO STONY HILL CORP.	`ProfitLoss`	$-198.40K	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO STONY HILL CORP.	`ProfitLoss`	-	USD	1 Quarter
LOSS PER COMMON SHARE	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
LOSS PER COMMON SHARE	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.09M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.40M	shares	1 Quarter

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-197.20K	USD	1 Quarter
Net loss	`NetIncomeLoss`	-	USD	1 Quarter
Stock compensation issued in exchange for consulting agreement	`StockIssuedDuringPeriodValueShareBasedCompensation`	$50.00K	USD	1 Quarter
Amortization of intangible	`AmortizationOfIntangibleAssets`	-	USD	1 Quarter
Amortization of intangible	`AmortizationOfIntangibleAssets`	$56.13K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.16K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	-	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$8.61K	USD	1 Quarter
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.75K	USD	1 Quarter
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$32.34K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-50.55K	USD	1 Quarter
Acquisition of equity investments	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Acquisition of equity investments	`PaymentsToAcquireInvestments`	$50.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.00K	USD	1 Quarter
Advances from related parties	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Advances from related parties	`ProceedsFromRelatedPartyDebt`	$7.95K	USD	1 Quarter
Repayment of advances from related parties	`RepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Repayment of advances from related parties	`RepaymentsOfRelatedPartyDebt`	$18.79K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.84K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
NET CHANGE IN CASH	`CashPeriodIncreaseDecrease`	-	USD	1 Quarter
NET CHANGE IN CASH	`CashPeriodIncreaseDecrease`	$-111.39K	USD	1 Quarter
CASH, BEGINNING OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$101.25K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	$212.64K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	-	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$101.25K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	$212.64K	USD	Point-in-time
CASH, END OF PERIOD	`Cash`	-	USD	Point-in-time

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$1.64M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$1.50M	USD	Point-in-time
Issuance of common stock previously committed but not issued, Amount	`IssuanceOfCommonStockPreviouslyCommittedButNotIssuedAmount`	-	USD	1 Quarter
Common stock to be issued in conjunction with consulting agreement	`CommonStockToBeIssuedInConjunctionWithConsultingAgreement`	$50.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-197.20K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	-	USD	1 Quarter
Ending Balance, Amount	`StockholdersEquity`	$1.64M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$1.50M	USD	Point-in-time

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