10-Q Filing

WEWARDS, INC. CIK: 1616156 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001553350-16-001435`
Period End Date	20151130
Filing Date	20160113
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	egds-20151130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 36 Cash Flow Statement 30

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.13M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.14K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.50K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$22.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.13M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.13M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.13M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.13M	shares	Point-in-time
Total current assets	`AssetsCurrent`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.13M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$22.00	USD	Point-in-time
Total Assets	`Assets`	$22.00	USD	Point-in-time
Total Assets	`Assets`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$468.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.20K	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$53.61K	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$59.81K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$468.00	USD	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 8,130,000 and 8,130,000 shares issued and outstanding; respectively	`CommonStockValue`	$8.13K	USD	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 8,130,000 and 8,130,000 shares issued and outstanding; respectively	`CommonStockValue`	$8.13K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$27.66K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$27.66K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-95.60K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-36.24K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-446.00	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-59.81K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$22.00	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$795.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.63K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$23.52K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.90K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	-	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$32.31K	USD	1 Quarter
Professional fees	`ProfessionalFees`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$57.74K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$59.37K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$33.10K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$29.90K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$23.52K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-33.10K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-59.37K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-23.52K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-29.90K	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-59.37K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-33.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-23.52K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-29.90K	USD	2 Qtrs
Net loss per share - basic	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Net loss per share - basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Net loss per share - basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Net loss per share - basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted average shares outstanding, basic & diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	6.87M	shares	1 Quarter
Weighted average shares outstanding, basic & diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.13M	shares	1 Quarter
Weighted average shares outstanding, basic & diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.13M	shares	2 Qtrs
Weighted average shares outstanding, basic & diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	6.43M	shares	2 Qtrs

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-59.37K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-33.10K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.52K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.90K	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$387.00	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.73K	USD	2 Qtrs
CASH FLOWS USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-29.52K	USD	2 Qtrs
CASH FLOWS USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-53.63K	USD	2 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES:	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES:	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$20.49K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Loans from a director	`ProceedsFromRelatedPartyDebt`	$7.67K	USD	2 Qtrs
Loans from a director	`ProceedsFromRelatedPartyDebt`	$53.61K	USD	2 Qtrs
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$53.61K	USD	2 Qtrs
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$28.16K	USD	2 Qtrs
NET DECREASE IN CASH:	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-22.00	USD	2 Qtrs
NET DECREASE IN CASH:	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.35K	USD	2 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.14K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.50K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.14K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.50K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

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