10-Q Filing

MOJO DATA SOLUTIONS, INC. CIK: 1523486 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001493152-16-006979`
Period End Date	20140331
Filing Date	20160127
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	mjds-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 20 Cash Flow Statement 57 Stockholders Equity 18

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$37.17K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$739.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$52.34K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$60.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$162.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Accounts receivable - related party	`AccountsReceivableRelatedParties`	$10.00K	USD	Point-in-time
Accounts receivable - related party	`AccountsReceivableRelatedParties`	-	USD	Point-in-time
Other receivable - related party	`OtherReceivableRelatedPartyCurrent`	$18.00K	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
Other receivable - related party	`OtherReceivableRelatedPartyCurrent`	-	USD	Point-in-time
Inventory	`InventoryNet`	$2.96K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	10.39M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	15.76M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.04K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$65.17K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	15.76M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	10.39M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$57.51K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.61K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.93K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$1.02K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total Assets	`Assets`	$70.44K	USD	Point-in-time
Total Assets	`Assets`	$79.80K	USD	Point-in-time
Cash overdraft	`CashOverdraftCurrent`	-	USD	Point-in-time
Cash overdraft	`CashOverdraftCurrent`	$4.14K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$563.55K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$66.21K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$105.19K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$1.42M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$109.02K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	-	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$774.09K	USD	Point-in-time
Convertible notes payable - related party, net of unamortized discont of $71,641	`NotesPayableRelatedPartiesClassifiedCurrent`	$8.36K	USD	Point-in-time
Convertible notes payable - related party, net of unamortized discont of $71,641	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$292.91K	USD	Point-in-time
Notes payable	`LongTermNotesPayable`	-	USD	Point-in-time
Notes payable	`LongTermNotesPayable`	$147.63K	USD	Point-in-time
Total Liabilities	`Liabilities`	$292.91K	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.91M	USD	Point-in-time
Common stock, $0.001 par value; 300,000,000 shares authorized; 15,755,060 and 10,394,135 shares issued and outstanding, respectively	`CommonStockValue`	$10.39K	USD	Point-in-time
Common stock, $0.001 par value; 300,000,000 shares authorized; 15,755,060 and 10,394,135 shares issued and outstanding, respectively	`CommonStockValue`	$15.76K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$75.01K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$876.41K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-336.25K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.72M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-2.83M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-222.48K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$70.44K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$79.80K	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Revenues - related party	`RevenueFromRelatedParties`	-	USD	1 Quarter
Revenues - related party	`RevenueFromRelatedParties`	$6.00K	USD	1 Quarter
Total revenues	`SalesRevenueNet`	-	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$6.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$128.29K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$329.20K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$329.20K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$128.29K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-122.30K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-329.20K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$9.08K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$23.79K	USD	1 Quarter
Total other income (expense)	`OtherOperatingIncomeExpenseNet`	$-9.08K	USD	1 Quarter
Total other income (expense)	`OtherOperatingIncomeExpenseNet`	$-23.79K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-338.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-146.08K	USD	1 Quarter
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.01M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.96M	shares	1 Quarter

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-338.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-146.08K	USD	1 Quarter
Depreciation	`Depreciation`	$9.54K	USD	1 Quarter
Depreciation	`Depreciation`	$680.00	USD	1 Quarter
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$46.00K	USD	1 Quarter
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$46.00K	USD	Point-in-time
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$1.00K	USD	1 Quarter
Warrant expense	`WarrantExpense`	$45.94K	USD	1 Quarter
Warrant expense	`WarrantExpense`	-	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$8.36K	USD	1 Quarter
(Increase) Decrease in: Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
(Increase) Decrease in: Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.21K	USD	1 Quarter
Increase (Decrease) in: Cash overdraft	`IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities`	-	USD	1 Quarter
Increase (Decrease) in: Cash overdraft	`IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities`	$3.22K	USD	1 Quarter
Increase (Decrease) in: Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$16.08K	USD	1 Quarter
Increase (Decrease) in: Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.90K	USD	1 Quarter
Increase (Decrease) in: Accounts payable - related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	1 Quarter
Increase (Decrease) in: Accounts payable - related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$95.19K	USD	1 Quarter
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-138.21K	USD	1 Quarter
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-114.03K	USD	1 Quarter
Cash received from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$8.28K	USD	1 Quarter
Cash received from sale of assets	`ProceedsFromSaleOfProductiveAssets`	-	USD	1 Quarter
Cash received from reverse merger	`CashReceivedFromReverseMerger`	-	USD	1 Quarter
Cash received from reverse merger	`CashReceivedFromReverseMerger`	$-176.10K	USD	1 Quarter
Net Cash Provided By Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$184.38K	USD	1 Quarter
Net Cash Provided By Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Repayments on note payable	`ProceedsFromRepaymentsOfDebt`	$-10.59K	USD	1 Quarter
Repayments on note payable	`ProceedsFromRepaymentsOfDebt`	-	USD	1 Quarter
Net proceeds from (repayments to) related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$123.94K	USD	1 Quarter
Net proceeds from (repayments to) related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-31.00K	USD	1 Quarter
Net Cash Provided By (Used In) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$113.35K	USD	1 Quarter
Net Cash Provided By (Used In) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-31.00K	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-679.00	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$15.17K	USD	1 Quarter
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$37.17K	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$739.00	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$52.34K	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$60.00	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$37.17K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$739.00	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$52.34K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$60.00	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Interest	`InterestPaidNet`	$3.77K	USD	1 Quarter
Interest	`InterestPaidNet`	-	USD	1 Quarter
Convertible notes converted to stock	`DebtConversionConvertedInstrumentAmount1`	$100.00K	USD	1 Quarter
Convertible notes converted to stock	`DebtConversionConvertedInstrumentAmount1`	-	USD	1 Quarter
Accrued interest converted to stock	`AccruedInterestConvertedToStock`	-	USD	1 Quarter
Accrued interest converted to stock	`AccruedInterestConvertedToStock`	$815.00	USD	1 Quarter
Reclassification for reverse merger	`ReclassificationForReverseMerger`	$-280.20K	USD	1 Quarter
Reclassification for reverse merger	`ReclassificationForReverseMerger`	-	USD	1 Quarter
Extinguishment of MDS assets and liabilities not in APA	`ExtinguishmentOfAssetsAndLiabilitiesNonCashExpences`	-	USD	1 Quarter
Extinguishment of MDS assets and liabilities not in APA	`ExtinguishmentOfAssetsAndLiabilitiesNonCashExpences`	$2.59M	USD	1 Quarter
Exchange on asset purchase agreement from related party	`ExchangeOnAssetPurchaseAgreementFromRelatedPartyNonCashExpences`	-	USD	1 Quarter
Exchange on asset purchase agreement from related party	`ExchangeOnAssetPurchaseAgreementFromRelatedPartyNonCashExpences`	$261.72K	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-2.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$-222.48K	USD	Point-in-time
Exchange on asset purchase agreement from related party	`ExchangeOnAssetPurchaseAgreementFromRelatedParty`	$270.00K	USD	1 Quarter
Reclassification for reserve merger	`ReclassificationForReserveMerger`	$-92.59K	USD	1 Quarter
Reclassification for reserve merger, shares	`ReclassificationForReserveMergerShares`	-	shares	1 Quarter
Extinguishment of MDS assets and liabilities not in APA	`ExtinguishmentOfAssetsAndLiabilities`	$2.58M	USD	1 Quarter
Conversion of note into stock	`DebtConversionConvertedInstrumentAmount1`	$100.00K	USD	1 Quarter
Conversion of note into stock	`DebtConversionConvertedInstrumentAmount1`	-	USD	1 Quarter
Conversion of accrued interest to stock	`ConversionOfAccruedInterestToStock`	$815.00	USD	1 Quarter
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$46.00K	USD	1 Quarter
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$46.00K	USD	Point-in-time
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$1.00K	USD	1 Quarter
Shares issued for services, shares	`StockIssuedDuringPeriodSharesIssuedForServices`	200,000.00	shares	Point-in-time
Warrants issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$45.94K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-338.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-146.08K	USD	1 Quarter
Balance	`StockholdersEquity`	$-2.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$-222.48K	USD	Point-in-time

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