10-Q Filing

FREEDOM HOLDING CORP. CIK: 924805 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001038838-13-000298`
Period End Date	20130630
Filing Date	20130813
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	kaz-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 22 Cash Flow Statement 30

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`Cash`	$10.02M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`Cash`	$10.46M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$10.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.46M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$69.38K	USD	Point-in-time
Other fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$98.36K	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total long term assets	`AssetsNoncurrent`	$69.38K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total long term assets	`AssetsNoncurrent`	$98.36K	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$10.09M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$10.56M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	55.79M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	55.79M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$373.20K	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$434.71K	USD	Point-in-time
Taxes payable, accrued liabilities and other payables	`OtherAccountsPayableAndAccruedLiabilities`	$22.57K	USD	Point-in-time
Taxes payable, accrued liabilities and other payables	`OtherAccountsPayableAndAccruedLiabilities`	$38.13K	USD	Point-in-time
Deferred consulting and distribution payments	`DeferredCompensationLiabilityCurrent`	$8.61M	USD	Point-in-time
Deferred consulting and distribution payments	`DeferredCompensationLiabilityCurrent`	$8.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.08M	USD	Point-in-time
Preferred stock - $0.001 par value; 20,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.001 par value; 20,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.001 par value; 500,000,000 shares authorized; 55,787,554 and 55,787,554 shares outstanding, respectively	`CommonStockValue`	$55.79K	USD	Point-in-time
Common stock - $0.001 par value; 500,000,000 shares authorized; 55,787,554 and 55,787,554 shares outstanding, respectively	`CommonStockValue`	$55.79K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$89.36M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$89.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-87.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-88.41M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.55M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.01M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$10.09M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$10.56M	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$514.97K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$732.08K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$28.98K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$28.98K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$761.06K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$543.95K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-543.95K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-761.06K	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$31.00	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.50K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$9.21K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$609.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$609.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$10.74K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-543.34K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-750.31K	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-543.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-750.31K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$28.98K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$28.98K	USD	1 Quarter
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	1 Quarter
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$544.72K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$61.51K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$45.83K	USD	1 Quarter
Increase in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$20.10K	USD	1 Quarter
Increase in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$15.56K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-110.69K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-437.29K	USD	1 Quarter
Purchase of other fixed assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase of other fixed assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Cash distribution	`PaymentsOfCapitalDistribution`	$6.30K	USD	1 Quarter
Cash distribution	`PaymentsOfCapitalDistribution`	$1.78M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.78M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-6.30K	USD	1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.89M	USD	1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-443.59K	USD	1 Quarter
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.46M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.48M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.02M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.37M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.46M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$37.48M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.02M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.37M	USD	Point-in-time

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