10-Q Filing

DBUB GROUP, INC CIK: 1076784 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001607062-14-000186`
Period End Date	20140930
Filing Date	20141114
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	yosn-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 84 Cash Flow Statement 52

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.52M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.54M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.69M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$214.26K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$557.58K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.54M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.69M	shares	Point-in-time
Inventories, net	`InventoryNet`	$1.49M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.49M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$1.01M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$756.78K	USD	Point-in-time
Advances to related party	`AdvancesToAffiliate`	-	USD	Point-in-time
Advances to related party	`AdvancesToAffiliate`	$152.97K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$62.18K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$40.33K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.79M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$39.76K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$41.58K	USD	Point-in-time
Total assets	`Assets`	$3.97M	USD	Point-in-time
Total assets	`Assets`	$4.83M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.62M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$958.82K	USD	Point-in-time
Notes payable	`NotesPayable`	$3.01M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.39M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$336.26K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$217.67K	USD	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$197.89K	USD	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$572.75K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$33.67K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	-	USD	Point-in-time
Advance from stock subscription	`CommonStockSharesSubscriptions`	$368.00K	USD	Point-in-time
Advance from stock subscription	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$939.27K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$839.76K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.22M	USD	Point-in-time
Long-term loan	`LongTermDebt`	$490.97K	USD	Point-in-time
Long-term loan	`LongTermDebt`	$487.54K	USD	Point-in-time
Total liabilities	`Liabilities`	$6.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.76M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 23,692,356 and 23,542,527 issued and outstanding as of September 30, 2014 and December 31, 2013	`CommonStockValue`	$23.54K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 23,692,356 and 23,542,527 issued and outstanding as of September 30, 2014 and December 31, 2013	`CommonStockValue`	$23.69K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$25.92M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$26.23M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$11.54M	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$11.54M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.91M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.53M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.87M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.97M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$4.83M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$2.44M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$9.75M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$8.20M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$2.20M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$8.98M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.08M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.28M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$7.76M	USD	3 Qtrs
Gross profit	`GrossProfit`	$119.49K	USD	1 Quarter
Gross profit	`GrossProfit`	$430.60K	USD	3 Qtrs
Gross profit	`GrossProfit`	$151.79K	USD	1 Quarter
Gross profit	`GrossProfit`	$772.12K	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.68M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$890.11K	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$449.83K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$313.74K	USD	1 Quarter
Loss from continuing operations	`OperatingIncomeLoss`	$-117.99K	USD	3 Qtrs
Loss from continuing operations	`OperatingIncomeLoss`	$-161.95K	USD	1 Quarter
Loss from continuing operations	`OperatingIncomeLoss`	$-1.25M	USD	3 Qtrs
Loss from continuing operations	`OperatingIncomeLoss`	$-330.34K	USD	1 Quarter
Interest (income) expense	`InvestmentIncomeInterest`	$45.00	USD	1 Quarter
Interest (income) expense	`InvestmentIncomeInterest`	$134.00	USD	1 Quarter
Interest (income) expense	`InvestmentIncomeInterest`	$5.14K	USD	3 Qtrs
Interest (income) expense	`InvestmentIncomeInterest`	$174.00	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$14.85K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$313.36K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$51.06K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$98.92K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$304.29K	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$26.71K	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$263.31K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$16.87K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$9.24K	USD	3 Qtrs
Total other (income) expense	`NonoperatingIncomeExpense`	$29.50K	USD	3 Qtrs
Total other (income) expense	`NonoperatingIncomeExpense`	$-1.89K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$-164.35K	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.22M	USD	3 Qtrs
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-108.75K	USD	3 Qtrs
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-326.30K	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-332.23K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$45.22K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.27K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-153.97K	USD	3 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-332.23K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-332.57K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-1.22M	USD	3 Qtrs
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-103.88K	USD	1 Quarter
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-250.86K	USD	3 Qtrs
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-49.33K	USD	1 Quarter
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-217.98K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.44M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-436.45K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-404.83K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-381.56K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$21.68K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-776.00	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.95K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.53K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.41M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-393.88K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-437.23K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-383.09K	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.02	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.01	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.06	USD	3 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.01	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net loss per share	`EarningsPerShareBasic`	$-0.02	USD	3 Qtrs
Net loss per share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Net loss per share	`EarningsPerShareBasic`	$-0.07	USD	3 Qtrs
Net loss per share	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	19.03M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.61M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	19.03M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.69M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.61M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.28M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.28M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.69M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-1.44M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-436.45K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-404.83K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-381.56K	USD	1 Quarter
Depreciation	`Depreciation`	$5.21K	USD	3 Qtrs
Depreciation	`Depreciation`	$32.42K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$273.95K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$310.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-476.79K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$452.02K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$566.61K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-172.10K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-161.74K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$31.58K	USD	3 Qtrs
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-292.86K	USD	3 Qtrs
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$1.59M	USD	3 Qtrs
Advance to related party	`ProceedsFromRelatedPartyDebt`	$501.81K	USD	3 Qtrs
Advance to related party	`ProceedsFromRelatedPartyDebt`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$79.96K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$-264.99K	USD	3 Qtrs
Accrued expenses and other payable	`IncreaseDecreaseInAccruedLiabilities`	$411.29K	USD	3 Qtrs
Accrued expenses and other payable	`IncreaseDecreaseInAccruedLiabilities`	$227.03K	USD	3 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	-	USD	3 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$33.67K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.98K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$36.58K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$84.85K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-413.49K	USD	3 Qtrs
Advance from stock subscription	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Advance from stock subscription	`ProceedsFromIssuanceOfCommonStock`	$368.00K	USD	3 Qtrs
Proceeds from short-term loans	`ProceedsFromOtherShortTermDebt`	$-1.64M	USD	3 Qtrs
Proceeds from short-term loans	`ProceedsFromOtherShortTermDebt`	-	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.62M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.37M	USD	3 Qtrs
Proceeds from long-term loans	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	-	USD	3 Qtrs
Proceeds from long-term loans	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$482.84K	USD	3 Qtrs
Repayment of advance to related party	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Repayment of advance to related party	`RepaymentsOfRelatedPartyDebt`	$470.06K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.32M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$351.76K	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-20.75K	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$113.16K	USD	3 Qtrs
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$97.33K	USD	3 Qtrs
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$955.88K	USD	3 Qtrs
Cash and equivalents, beginning of period	`CashAndEquivalentsBeginningOfPeriod`	$456.50K	USD	3 Qtrs
Cash and equivalents, beginning of period	`CashAndEquivalentsBeginningOfPeriod`	$1.43M	USD	3 Qtrs
Cash and equivalents, end of period	`CashAndEquivalentsEndOfPeriod`	$1.41M	USD	3 Qtrs
Cash and equivalents, end of period	`CashAndEquivalentsEndOfPeriod`	$1.52M	USD	3 Qtrs
Interest paid	`InterestPaid`	$245.67K	USD	3 Qtrs
Interest paid	`InterestPaid`	$1.07M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs

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