10-Q Filing

DBUB GROUP, INC CIK: 1076784 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001607062-18-000179`
Period End Date	20180331
Filing Date	20180521
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	yosn-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 7 Cash Flow Statement 62

Balance Sheet 64 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, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.27M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.05K	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.85K	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.73K	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.12K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.27M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$46.21K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.27M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.27M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$94.47K	USD	Point-in-time
Inventories	`InventoryNet`	$388.61K	USD	Point-in-time
Inventories	`InventoryNet`	$349.72K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$130.74K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$149.53K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$419.11K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$395.08K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$953.47K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$156.97K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$147.32K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$23.69K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$84.84K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$290.74K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$319.69K	USD	Point-in-time
Total assets	`Assets`	$1.58M	USD	Point-in-time
Total assets	`Assets`	$1.48M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.42M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$323.98K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$295.49K	USD	Point-in-time
Advance from related party	`AdvanceFromRelatedParty`	$-823.74K	USD	Point-in-time
Advance from related party	`AdvanceFromRelatedParty`	$-945.49K	USD	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$854.29K	USD	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$701.15K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$106.29K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$75.69K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$863.51K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$832.31K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$5.74M	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$5.30M	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 11,267,918 issued and outstanding as of March 31, 2018 and December 31, 2017	`CommonStockValue`	$11.27K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 11,267,918 issued and outstanding as of March 31, 2018 and December 31, 2017	`CommonStockValue`	$11.27K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$29.16M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$28.44M	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`	$7.79M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.95M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-51.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-52.18M	USD	Point-in-time
Total Yosen Group's stockholders' deficit	`TotalYosenGroupsStockholdersDeficit`	$-3.72M	USD	Point-in-time
Total Yosen Group's stockholders' deficit	`TotalYosenGroupsStockholdersDeficit`	$-4.08M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-81.30K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-106.42K	USD	Point-in-time
Accumulated deficit	`StockholdersEquity`	$-4.16M	USD	Point-in-time
Accumulated deficit	`StockholdersEquity`	$-3.82M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.58M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.48M	USD	Point-in-time

Income Statement 7 line items

Line Item	Tag	Value	Unit	Period
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-288.09K	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-152.03K	USD	1 Quarter
Loss including noncontrolling interest	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-219.67K	USD	1 Quarter
Loss including noncontrolling interest	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-349.79K	USD	1 Quarter
Net loss attributable to Yosen Group	`NetIncomeLoss`	$-219.67K	USD	1 Quarter
Foreign currency translation gain attributable to Yosen Group	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-20.89K	USD	1 Quarter
Foreign currency translation gain attributable to Yosen Group	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-156.65K	USD	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss including noncontrolling interest	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-219.67K	USD	1 Quarter
Net loss including noncontrolling interest	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-349.79K	USD	1 Quarter
Depreciation	`Depreciation`	$19.35K	USD	1 Quarter
Depreciation	`Depreciation`	$15.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$39.67K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$39.67K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-51.02K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-33.90K	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	-	USD	1 Quarter
Other receivable	`IncreaseDecreaseInOtherReceivables`	$-3.25K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-300.57K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-52.46K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-67.61K	USD	1 Quarter
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-98.45K	USD	1 Quarter
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-23.96K	USD	1 Quarter
Other noncurrent asset	`IncreaseDecreaseInOtherNoncurrentAssets`	$40.15K	USD	1 Quarter
Other noncurrent asset	`IncreaseDecreaseInOtherNoncurrentAssets`	$3.18K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-159.34K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-135.85K	USD	1 Quarter
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilities`	$-103.21K	USD	1 Quarter
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilities`	$33.41K	USD	1 Quarter
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	$26.30K	USD	1 Quarter
Other payable	`IncreaseDecreaseInOtherAccountsPayable`	-	USD	1 Quarter
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-34.04K	USD	1 Quarter
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-44.67K	USD	1 Quarter
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$74.39K	USD	1 Quarter
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$600.00	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-113.88K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.25K	USD	1 Quarter
Purchase of property and equipment	`PurchaseOfPropertyAndEquipment`	$-4.97K	USD	1 Quarter
Purchase of property and equipment	`PurchaseOfPropertyAndEquipment`	$2.29K	USD	1 Quarter
Construction in progress	`ConstructionInProgress`	$4.52K	USD	1 Quarter
Construction in progress	`ConstructionInProgress`	-	USD	1 Quarter
Payment for intangible asset	`PaymentsToAcquireIntangibleAssets`	$47.84K	USD	1 Quarter
Payment for intangible asset	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.81K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.81K	USD	1 Quarter
Proceeds from short-term loans	`ProceedsFromShortTermDebt`	-	USD	1 Quarter
Proceeds from short-term loans	`ProceedsFromShortTermDebt`	-	USD	1 Quarter
Proceeds from equity financing	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from equity financing	`ProceedsFromIssuanceOfCommonStock`	$15.33K	USD	1 Quarter
Advance to related party	`AdvanceToRelatedParty`	$-54.65K	USD	1 Quarter
Advance to related party	`AdvanceToRelatedParty`	$90.23K	USD	1 Quarter
Net cash provided (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-39.32K	USD	1 Quarter
Net cash provided (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$90.23K	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$2.66K	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$85.14K	USD	1 Quarter
Net increase (decrease) in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-67.72K	USD	1 Quarter
Net increase (decrease) in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.68K	USD	1 Quarter
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$23.05K	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$135.85K	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$31.73K	USD	Point-in-time
Cash and equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$68.12K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.05K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$135.85K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$31.73K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$68.12K	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Interest paid	`InterestPaidNet`	$54.63K	USD	1 Quarter
Interest paid	`InterestPaidNet`	$51.66K	USD	1 Quarter

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