10-Q Filing

MAKAMER HOLDINGS, INC. CIK: 1632081 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001615774-18-003849`
Period End Date	20180331
Filing Date	20180515
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	cik0001632081-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 30 Cash Flow Statement 42 Stockholders Equity 12

Balance Sheet 44 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, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$5.34K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.24M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.85K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$714.00	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.24M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$12.62K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.36K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	5.24M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	5.24M	shares	Point-in-time
Inventory	`InventoryNet`	$773.00	USD	Point-in-time
Inventory	`InventoryNet`	$612.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.49K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.31K	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$20.67K	USD	Point-in-time
Leasehold improvements and equipment, net	`PropertyPlantAndEquipmentNet`	$18.86K	USD	Point-in-time
Total Assets	`Assets`	$27.98K	USD	Point-in-time
Total Assets	`Assets`	$20.35K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$122.48K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$127.47K	USD	Point-in-time
Due to Officers - related parties	`DueToOfficersOrStockholdersCurrent`	$25.05K	USD	Point-in-time
Due to Officers - related parties	`DueToOfficersOrStockholdersCurrent`	$24.95K	USD	Point-in-time
Note payable - related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$69.47K	USD	Point-in-time
Note payable - related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$83.47K	USD	Point-in-time
Note payable	`NotesPayableCurrent`	$86.25K	USD	Point-in-time
Note payable	`NotesPayableCurrent`	$81.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$297.90K	USD	Point-in-time
Total Liabilities	`Liabilities`	$322.24K	USD	Point-in-time
Commitments and Contingencies (See Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (See Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized, 5,235,340 and 5,242,340 issued and outstanding, respectively	`CommonStockValue`	$524.00	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized, 5,235,340 and 5,242,340 issued and outstanding, respectively	`CommonStockValue`	$523.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$280.76K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$278.30K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-583.18K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-548.74K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-301.89K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-269.92K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$20.35K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$27.98K	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$16.11K	USD	1 Quarter
Sales	`Revenues`	$8.63K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$10.43K	USD	1 Quarter
Food, beverage and supplies	`CostOfServicesCatering`	$3.69K	USD	1 Quarter
Labor	`LaborAndRelatedExpense`	$1.90K	USD	1 Quarter
Labor	`LaborAndRelatedExpense`	$136.00	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$2.54K	USD	1 Quarter
Direct operating and occupancy	`DirectOperatingCosts`	$3.23K	USD	1 Quarter
Depreciation	`Depreciation`	$1.80K	USD	1 Quarter
Depreciation	`Depreciation`	$1.80K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$16.03K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$16.83K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.63K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.10K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$43.81K	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$38.32K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-29.68K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-27.69K	USD	1 Quarter
Interest Expense	`InterestExpense`	$4.75K	USD	1 Quarter
Interest Expense	`InterestExpense`	$3.56K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-31.26K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-34.44K	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-34.44K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-31.26K	USD	1 Quarter
Net Loss Per Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net Loss Per Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average number of shares outstanding during the period - Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.24M	shares	1 Quarter
Weighted average number of shares outstanding during the period - Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.24M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-34.44K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-31.26K	USD	1 Quarter
In-kind contribution of services	`ShareBasedCompensation`	$7.71K	USD	1 Quarter
In-kind contribution of services	`ShareBasedCompensation`	$7.71K	USD	1 Quarter
Depreciation expense	`Depreciation`	$1.80K	USD	1 Quarter
Depreciation expense	`Depreciation`	$1.80K	USD	1 Quarter
Decrease in inventory	`IncreaseDecreaseInInventories`	$161.00	USD	1 Quarter
Decrease in inventory	`IncreaseDecreaseInInventories`	$43.00	USD	1 Quarter
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.36K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.00K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.54K	USD	1 Quarter
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.24K	USD	1 Quarter
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-18.73K	USD	1 Quarter
Payments for leasehold improvements and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Payments for leasehold improvements and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Proceeds from/due to officers	`ProceedsFromRelatedPartyDebt`	$1.02K	USD	1 Quarter
Proceeds from/due to officers	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Proceeds from note payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Proceeds from note payable	`ProceedsFromNotesPayable`	$25.00K	USD	1 Quarter
Net proceeds from note payable - related parties	`ProceedsFromSecuredNotesPayable`	-	USD	1 Quarter
Net proceeds from note payable - related parties	`ProceedsFromSecuredNotesPayable`	$14.10K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$26.02K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$14.10K	USD	1 Quarter
Net (Decrease) Increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.63K	USD	1 Quarter
Net (Decrease) Increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.78K	USD	1 Quarter
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$5.34K	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.85K	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$714.00	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$12.62K	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$5.34K	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.85K	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$714.00	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$12.62K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Repurchase of common stock in exchange for a note payable	`RepurchaseOfCommonStockInExchangeForNotePayable`	-	USD	1 Quarter
Repurchase of common stock in exchange for a note payable	`RepurchaseOfCommonStockInExchangeForNotePayable`	$5.25K	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance beginning	`StockholdersEquity`	$-301.89K	USD	Point-in-time
Balance beginning	`StockholdersEquity`	$-269.92K	USD	Point-in-time
Balance beginning (in shares)	`CommonStockSharesOutstanding`	5.24M	shares	Point-in-time
Balance beginning (in shares)	`CommonStockSharesOutstanding`	5.24M	shares	Point-in-time
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.25K	USD	1 Quarter
In kind contribution of services	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.71K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.44K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-31.26K	USD	1 Quarter
Balance ending	`StockholdersEquity`	$-301.89K	USD	Point-in-time
Balance ending	`StockholdersEquity`	$-269.92K	USD	Point-in-time
Balance ending (in shares)	`CommonStockSharesOutstanding`	5.24M	shares	Point-in-time
Balance ending (in shares)	`CommonStockSharesOutstanding`	5.24M	shares	Point-in-time

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