10-K Filing

Red Cat Holdings, Inc. CIK: 748268 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001554757-13-000175`
Period End Date	20121231
Filing Date	20130328
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	bdlf-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 32 Cash Flow Statement 50 Stockholders Equity 10

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Common Stock par value	`CommonStockNoParValue`	$0.00	USD	Point-in-time
Cash	`Cash`	$107.63K	USD	Point-in-time
Common Stock par value	`CommonStockNoParValue`	$0.00	USD	Point-in-time
Cash	`Cash`	$11.96K	USD	Point-in-time
Common Stock Shares authorized	`CommonStockAdditionalSeriesSharesAuthorized`	250.00M	shares	Point-in-time
Common Stock Shares authorized	`CommonStockAdditionalSeriesSharesAuthorized`	250.00M	shares	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Inventory	`InventoryNet`	$37.90K	USD	Point-in-time
Common Stock shares issued and outstanding	`CommonStockSharesOutstanding`	144.42M	shares	Point-in-time
Other current assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Other current assets	`OtherAssetsNoncurrent`	$5.68K	USD	Point-in-time
Common Stock shares issued and outstanding	`CommonStockSharesOutstanding`	167.10M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$11.96K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$151.21K	USD	Point-in-time
FIXED ASSETS, NET	`AssetsNet`	-	USD	Point-in-time
FIXED ASSETS, NET	`AssetsNet`	-	USD	Point-in-time
OTHER ASSETS - Investments in limited partnerships -	`OtherAssets`	-	USD	Point-in-time
OTHER ASSETS - Investments in limited partnerships -	`OtherAssets`	$24.97K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$36.92K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$151.21K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$169.29K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$55.66K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$16.49K	USD	Point-in-time
Accrued interest	`AccruedInterest`	$212.95K	USD	Point-in-time
Judgments payable	`JudgmentsPayable`	-	USD	Point-in-time
Judgments payable	`JudgmentsPayable`	$39.37K	USD	Point-in-time
Notes payable - current portion	`NotesPayable`	$30.38K	USD	Point-in-time
Notes payable - current portion	`NotesPayable`	$660.80K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.08M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$102.54K	USD	Point-in-time
LONG-TERM DEBT - Notes payable - long term	`LongTermDebt`	-	USD	Point-in-time
LONG-TERM DEBT - Notes payable - long term	`LongTermDebt`	-	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$102.54K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.08M	USD	Point-in-time
Total Common Shares issued and outstanding, respectively	`CommonStockValue`	$144.42K	USD	Point-in-time
Total Common Shares issued and outstanding, respectively	`CommonStockValue`	$167.10K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$14.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$13.92M	USD	Point-in-time
Accumulated deficit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.11M	USD	Point-in-time
Accumulated deficit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.26M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$48.67K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	`StockholdersEquity`	$-1.05M	USD	Point-in-time
TOTAL LIABILITIES, AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$36.92K	USD	Point-in-time
TOTAL LIABILITIES, AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$151.21K	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
SALES	`SalesDiscountsGoods`	$31.74K	USD	Annual
SALES	`SalesDiscountsGoods`	-	USD	Annual
COST OF SALES	`CostOfRealEstateSales`	$24.47K	USD	Annual
COST OF SALES	`CostOfRealEstateSales`	-	USD	Annual
GROSS PROFIT	`GrossProfit`	$7.60K	USD	Annual
GROSS PROFIT	`GrossProfit`	$7.27K	USD	Annual
Selling, General and administrative	`SellingGeneralAndAdministrativeExpense`	$53.78K	USD	Annual
Selling, General and administrative	`SellingGeneralAndAdministrativeExpense`	$230.39K	USD	Annual
TOTAL OTHER EXPENSES	`OtherExpenses`	$53.78K	USD	Annual
TOTAL OTHER EXPENSES	`OtherExpenses`	$230.39K	USD	Annual
NET INVESTMENT INCOME(LOSS)	`OperatingIncomeLoss`	$851.93K	USD	Annual
NET INVESTMENT INCOME(LOSS)	`OperatingIncomeLoss`	$-84.74K	USD	Annual
Interest income	`InvestmentIncomeNet`	-	USD	Annual
Interest income	`InvestmentIncomeNet`	$17.00	USD	Annual
Realized Gain on Sale of Investment	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$927.32K	USD	Annual
Realized Gain on Sale of Investment	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	-	USD	Annual
Debt Forgiveness	`DebtForgiveness`	$138.24K	USD	Annual
Debt Forgiveness	`DebtForgiveness`	-	USD	Annual
Interest expense	`InterestExpense`	$-9.49K	USD	Annual
Interest expense	`InterestExpense`	$-38.58K	USD	Annual
TOTAL OTHER INCOME (EXPENSE)	`OtherIncomeExpense`	$1.08M	USD	Annual
TOTAL OTHER INCOME (EXPENSE)	`OtherIncomeExpense`	$-38.56K	USD	Annual
OPERARION BEFORE INCOME TAXES	`OperarionBeforeIncomeTaxes`	$-84.74K	USD	Annual
OPERARION BEFORE INCOME TAXES	`OperarionBeforeIncomeTaxes`	$851.93K	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$851.93K	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-84.74K	USD	Annual
Basic and Diluted Income (Loss) Per Share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.00	USD	Annual
Basic and Diluted Income (Loss) Per Share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.01	USD	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	139.57M	shares	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	163.32M	shares	Annual

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) from continuing operations	`OtherAdjustmentsForNoncashItemsIncludedInIncomeLossFromContinuingOperations`	$851.93K	USD	Annual
Net income (loss) from continuing operations	`OtherAdjustmentsForNoncashItemsIncludedInIncomeLossFromContinuingOperations`	$-84.74K	USD	Annual
Common stock issued for services	`CommonStockDividendsShares`	42,000.00	shares	Annual
Common stock issued for services	`CommonStockDividendsShares`	0.00	shares	Annual
Gain on sale of investment	`GainLossOnInvestments`	$20.02K	USD	Annual
Gain on sale of investment	`GainLossOnInvestments`	$-927.32K	USD	Annual
Forgiveness of debt	`ForgivenessOfDebt`	$-138.24K	USD	Annual
Forgiveness of debt	`ForgivenessOfDebt`	-	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInCoalInventories`	-	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInCoalInventories`	$-37.90K	USD	Annual
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-5.68K	USD	Annual
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	Annual
Increase (decrease) in accounts payable /accrued expeses	`IncreaseDecreaseInAccountsPayable`	$-60.57K	USD	Annual
Increase (decrease) in accounts payable /accrued expeses	`IncreaseDecreaseInAccountsPayable`	$5.20K	USD	Annual
Increase (decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	Annual
Increase (decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$6.59K	USD	Annual
Increase (decrease) in judgments payable	`IncreaseDecreaseInJudgmentsPayable`	-	USD	Annual
Increase (decrease) in judgments payable	`IncreaseDecreaseInJudgmentsPayable`	-	USD	Annual
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-269.19K	USD	Annual
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-59.52K	USD	Annual
Proceeds from sale of investment	`ProceedsFromSaleOfOtherInvestments`	$952.28K	USD	Annual
Proceeds from sale of investment	`ProceedsFromSaleOfOtherInvestments`	-	USD	Annual
NET CASH PROVIDED (USED) IN INVESTING ACTIVITIES	`CashProvidedByUsedInDiscontinuedOperationsInvestingActivities`	-	USD	Annual
NET CASH PROVIDED (USED) IN INVESTING ACTIVITIES	`CashProvidedByUsedInDiscontinuedOperationsInvestingActivities`	$952.28K	USD	Annual
Payments on notes payable	`RepaymentsOfNotesPayable`	$-587.43K	USD	Annual
Payments on notes payable	`RepaymentsOfNotesPayable`	-	USD	Annual
Reclassification of note payable	`ReclassificationOfNotePayable`	$20.00K	USD	Annual
Reclassification of note payable	`ReclassificationOfNotePayable`	-	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueOther`	-	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueOther`	$10.00K	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-587.43K	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$30.00K	USD	Annual
NET DECREASE IN CASH	`CashPeriodIncreaseDecrease`	$95.67K	USD	Annual
NET DECREASE IN CASH	`CashPeriodIncreaseDecrease`	$-29.52K	USD	Annual
CASH, BEGINNING OF PERIOD	`CashBeginningOfPeriod`	$41.48K	USD	Annual
CASH, BEGINNING OF PERIOD	`CashBeginningOfPeriod`	$11.96K	USD	Annual
CASH, END OF PERIOD	`CashEndOfPeriod`	$107.63K	USD	Annual
CASH, END OF PERIOD	`CashEndOfPeriod`	$11.96K	USD	Annual
Interest paid	`InterestPaid`	-	USD	Annual
Interest paid	`InterestPaid`	$2.46K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Common stock issued in conversion of debts and accrued interest and judgements	`CommonStockIssuedInConversionOfDebtsAndAccruedInterestAndJudgements`	$180.96K	USD	Annual
Common stock issued in conversion of debts and accrued interest and judgements	`CommonStockIssuedInConversionOfDebtsAndAccruedInterestAndJudgements`	-	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodSharesIssuedForServices`	10,000.00	shares	Annual
Common stock issued for services	`StockIssuedDuringPeriodSharesIssuedForServices`	42,000.00	shares	Annual
Foregiveness of debts included as income	`ForegivenessOfDebtsIncludedAsIncome`	-	USD	Annual
Foregiveness of debts included as income	`ForegivenessOfDebtsIncludedAsIncome`	$138.24K	USD	Annual
Common stock issued for judgement settlements	`CommonStockIssuedForJudgementSettlements`	$19.26K	USD	Annual
Common stock issued for judgement settlements	`CommonStockIssuedForJudgementSettlements`	-	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance 31-Dec-10	`SharesIssued`	48,669.00	shares	Point-in-time
Balance 31-Dec-10	`SharesIssued`	-970,749.00	shares	Point-in-time
Common Stock Issued for services	`CommonStockIssuedForServices`	10,000.00	shares	8 Qtrs
Net income for the year ended December 31, 2011	`NetIncomeForYearEndedDecember312011`	-84,736.00	shares	8 Qtrs
Balance 31-Dec-11	`Balance31Dec11`	-1.05M	shares	8 Qtrs
Common Stock Issued for services	`CommonStockIssuedForServices1`	$42.00K	USD	8 Qtrs
Debt Settlements	`DebtSettlements`	200,226.00	shares	8 Qtrs
Net income for the year ended December 31, 2012	`NetIncomeForYearEndedDecember312012`	851,928.00	shares	8 Qtrs
Balance 31-Dec-12	`SharesIssued`	48,669.00	shares	Point-in-time
Balance 31-Dec-12	`SharesIssued`	-970,749.00	shares	Point-in-time

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