10-Q/A Filing

MITESCO, INC. CIK: 802257 Q1 2017

Filing Information

Form Type	10-Q/A
Accession Number	`0001511164-17-000322`
Period End Date	20170331
Filing Date	20170526
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	tnty-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 14 Cash Flow Statement 34

Balance Sheet 53 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`Cash`	$55.00	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.17K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.88K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$9.22K	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.88K	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$1.88K	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$9.22K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	17.44M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$589.23K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$622.62K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	18.46M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	18.46M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	17.44M	shares	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$125.90K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$106.87K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$31.02K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$35.93K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$84.49K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$76.25K	USD	Point-in-time
Convertible notes payable, in default	`DebtCurrent`	$256.27K	USD	Point-in-time
Convertible notes payable, in default	`DebtCurrent`	$256.27K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.07M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.12M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.12M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.07M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$174.37K	USD	Point-in-time
Common stock	`CommonStockValue`	$184.64K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.26M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.42M	USD	Point-in-time
Stock payable	`StockPayable`	$20.00K	USD	Point-in-time
Stock payable	`StockPayable`	$46.32K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.52M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.76M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-1.11M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-1.07M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$9.22K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.88K	USD	Point-in-time

Income Statement 14 line items

Line Item	Tag	Value	Unit	Period
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$832.37K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.23M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.23M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$832.37K	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-2.23M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-832.37K	USD	1 Quarter
Interest expense	`InterestExpense`	$-6.22K	USD	1 Quarter
Interest expense	`InterestExpense`	$-4.91K	USD	1 Quarter
Net Loss	`ProfitLoss`	$-233.28K	USD	1 Quarter
Net Loss	`ProfitLoss`	$-838.59K	USD	1 Quarter
Net Loss Per Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Net Loss Per Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted Average Number of Shares Outstanding During the Period - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.06M	shares	1 Quarter
Weighted Average Number of Shares Outstanding During the Period - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.94M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-233.28K	USD	1 Quarter
Net Loss	`ProfitLoss`	$-838.59K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$599.78K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$137.53K	USD	1 Quarter
Debt discount amortization	`AccretionExpense`	$2.33K	USD	1 Quarter
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$1.40K	USD	1 Quarter
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$-7.29K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$56.74K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$65.39K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$54.03K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-8.24K	USD	1 Quarter
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$19.03K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$4.91K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.95K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-124.30K	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from issuance of convertible note payable, net	`ProceedsFromConvertibleDebt`	$60.00K	USD	1 Quarter
Sale of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$22.00K	USD	1 Quarter
Sale of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$54.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$114.00K	USD	1 Quarter
Net increase in Cash and Cash Equivalents for Continuing Operations	`NetCashProvidedByUsedInContinuingOperations`	$-10.30K	USD	1 Quarter
Net increase in Cash and Cash Equivalents for Continuing Operations	`NetCashProvidedByUsedInContinuingOperations`	$55.00	USD	1 Quarter
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.18K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.88K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.18K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$55.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.88K	USD	Point-in-time
Discount cost related to issuance of debentures, warrants and convertible notes	`DiscountCostRelatedToIssuanceOfDebenturesWarrantsAndConvertibleNotes`	$32.58K	USD	1 Quarter
Common stock issued for satisfaction of payables	`CommonStockIssuedForSatisfactionOfPayables`	$32.00K	USD	1 Quarter

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