10-Q/A Filing

AMERICAN GRAPHITE TECHNOLOGIES INC. CIK: 1497316 Q1 2015

Filing Information

Form Type	10-Q/A
Accession Number	`0001594062-15-000065`
Period End Date	20140930
Filing Date	20150223
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	agin-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 22 Cash Flow Statement 32

Balance Sheet 36 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`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	96.08M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	96.08M	shares	Point-in-time
Cash	`Cash`	$307.69K	USD	Point-in-time
Cash	`Cash`	$250.27K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	96.08M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	96.08M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$336.49K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$336.49K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$586.77K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$644.19K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$644.19K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$586.77K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$39.73K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$32.80K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$32.80K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$39.73K	USD	Point-in-time
Derivative warrant liabilities (Notes 2, 6)	`DerivativeLiabilitiesNoncurrent`	$554.83K	USD	Point-in-time
Derivative warrant liabilities (Notes 2, 6)	`DerivativeLiabilitiesNoncurrent`	$557.89K	USD	Point-in-time
Derivative warrant liabilities (Notes 2, 6)	`DerivativeLiabilitiesNoncurrent`	$1.24M	USD	Point-in-time
Derivative warrant liabilities (Notes 2, 6)	`DerivativeLiabilitiesNoncurrent`	$2.05M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$597.62K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$587.62K	USD	Point-in-time
Capital stock Authorized - 200,000,000 shares of common stock, $0.001 par valueIssued and outstanding 96,083,348 shares of common stock as at September 30, 2014 and June 30, 2014	`CommonStockValue`	$96.08K	USD	Point-in-time
Capital stock Authorized - 200,000,000 shares of common stock, $0.001 par valueIssued and outstanding 96,083,348 shares of common stock as at September 30, 2014 and June 30, 2014	`CommonStockValue`	$96.08K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.36M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.36M	USD	Point-in-time
Accumulated deficit during the exploration stage	`RetainedEarningsAccumulatedDeficit`	$-1.40M	USD	Point-in-time
Accumulated deficit during the exploration stage	`RetainedEarningsAccumulatedDeficit`	$-1.46M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY(DEFICIT)	`StockholdersEquity`	$56.56K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY(DEFICIT)	`StockholdersEquity`	$-10.85K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$644.19K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$586.77K	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`Revenues`	-	USD	1 Quarter
REVENUE	`Revenues`	-	USD	1 Quarter
Office and general	`GeneralAndAdministrativeExpense`	$44.44K	USD	1 Quarter
Office and general	`GeneralAndAdministrativeExpense`	$2.04K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$42.00K	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$22.50K	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$37.50K	USD	1 Quarter
Consulting fees	`ConsultingFees`	$12.71K	USD	1 Quarter
Consulting fees	`ConsultingFees`	$67.01K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$14.12K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$12.10K	USD	1 Quarter
OPERATING LOSS	`OperatingIncomeLoss`	$-190.07K	USD	1 Quarter
OPERATING LOSS	`OperatingIncomeLoss`	$-64.36K	USD	1 Quarter
Change in the fair value of warranty liability	`FairValueAdjustmentOfWarrants`	$3.06K	USD	1 Quarter
Change in the fair value of warranty liability	`FairValueAdjustmentOfWarrants`	$2.90K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-67.42K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-192.97K	USD	1 Quarter
NET LOSS PER COMMON SHARE - BASIC	`EarningsPerShareBasic`	-	USD	1 Quarter
NET LOSS PER COMMON SHARE - BASIC	`EarningsPerShareBasic`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING- BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	79.74M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING- BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	96.08M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-67.42K	USD	1 Quarter
Net loss	`ProfitLoss`	$-192.97K	USD	1 Quarter
Adjustments to reconcile net loss to net cash used by Stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	1 Quarter
Adjustments to reconcile net loss to net cash used by Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$42.00K	USD	1 Quarter
Change in the fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$3.06K	USD	1 Quarter
Change in the fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$2.90K	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$31.64K	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$934.00	USD	1 Quarter
Increase in accounts payable - related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	1 Quarter
Increase in accounts payable - related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$6.00K	USD	1 Quarter
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.33K	USD	1 Quarter
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInContinuingOperations`	$-57.42K	USD	1 Quarter
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInContinuingOperations`	$-118.77K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$533.00K	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$533.00K	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$116.59K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$250.27K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$530.82K	USD	Point-in-time
CASH BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$307.69K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$116.59K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$250.27K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$530.82K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$307.69K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$42.00K	USD	1 Quarter

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