10-Q Filing

FREEDOM HOLDING CORP. CIK: 924805 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001038838-13-000387`
Period End Date	20130930
Filing Date	20131114
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	kaz-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 44 Cash Flow Statement 32

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`Cash`	$10.46M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$9.17M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$9.17M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.46M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	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
Other fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$40.39K	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	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
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
Total long term assets	`AssetsNoncurrent`	$40.39K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$9.21M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$10.56M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	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
Accounts payable	`AccountsPayableCurrent`	$373.20K	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$167.84K	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`	$34.18K	USD	Point-in-time
Deferred distribution payments	`DeferredCompensationLiabilityCurrent`	$8.61M	USD	Point-in-time
Deferred distribution payments	`DeferredCompensationLiabilityCurrent`	$8.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.01M	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`	$-89.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-87.87M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$405.24K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.55M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$9.21M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$10.56M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$575.11K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.74M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.01M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.09M	USD	2 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$28.98K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$57.96K	USD	2 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$28.98K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$57.96K	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$1.04M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$604.09K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.15M	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$1.80M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.15M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-604.09K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.04M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.80M	USD	2 Qtrs
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	2 Qtrs
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$31.00	USD	2 Qtrs
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.70K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.20K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$820.00	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$-2.37K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$211.00	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.84K	USD	2 Qtrs
Total other income/(expense)	`NonoperatingIncomeExpense`	$11.07K	USD	2 Qtrs
Total other income/(expense)	`NonoperatingIncomeExpense`	$330.00	USD	1 Quarter
Total other income/(expense)	`NonoperatingIncomeExpense`	$211.00	USD	1 Quarter
Total other income/(expense)	`NonoperatingIncomeExpense`	$820.00	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-603.88K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-1.79M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-1.15M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-1.03M	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.03	USD	2 Qtrs
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.02	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.02	USD	2 Qtrs
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-603.88K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.79M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.15M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$57.96K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$57.96K	USD	2 Qtrs
Provision expense for notes receivable	`ProvisionExpenseForNotesReceivable`	-	USD	2 Qtrs
Provision expense for notes receivable	`ProvisionExpenseForNotesReceivable`	$220.88K	USD	2 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	2 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.08M	USD	2 Qtrs
Increase/(decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$22.29K	USD	2 Qtrs
Increase/(decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-205.37K	USD	2 Qtrs
Increase in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$32.86K	USD	2 Qtrs
Increase in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$11.62K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.28M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-370.28K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	2 Qtrs
Cash distribution	`PaymentsOfCapitalDistribution`	$1.79M	USD	2 Qtrs
Cash distribution	`PaymentsOfCapitalDistribution`	$6.30K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-6.30K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.79M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.29M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.16M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.21M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.37M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.17M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.46M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$37.21M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.37M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.17M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.46M	USD	Point-in-time

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