10-Q Filing

FREEDOM HOLDING CORP. CIK: 924805 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001038838-14-000014`
Period End Date	20131231
Filing Date	20140213
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	kaz-20131231.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
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`Cash`	$8.67M	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
Total current assets	`AssetsCurrent`	$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`	$8.67M	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`	$98.36K	USD	Point-in-time
Other fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$11.41K	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`	$11.41K	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$10.56M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.68M	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
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.47K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$373.20K	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	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`	-	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`	$9.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.66M	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`	$-89.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.55M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$15.72K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$10.56M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$8.68M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	3 Qtrs
REVENUES	`Revenues`	-	USD	3 Qtrs
REVENUES	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.45M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$759.90K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.50M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$360.60K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$86.95K	USD	3 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$28.98K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$28.98K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$86.94K	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$1.54M	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$788.89K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$389.58K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$2.59M	USD	3 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-389.58K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.54M	USD	3 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.59M	USD	3 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-788.89K	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$31.00	USD	3 Qtrs
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.49K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$878.00	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$11.69K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$58.00	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.84K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$18.57K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$878.00	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$7.49K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$58.00	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.57M	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-781.39K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-389.52K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-1.54M	USD	3 Qtrs
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.05	USD	3 Qtrs
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.03	USD	3 Qtrs

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.57M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-781.39K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-389.52K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.54M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$86.95K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$86.94K	USD	3 Qtrs
Provision expense for notes receivable	`ProvisionExpenseForNotesReceivable`	-	USD	3 Qtrs
Provision expense for notes receivable	`ProvisionExpenseForNotesReceivable`	$220.88K	USD	3 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	3 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.62M	USD	3 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-319.74K	USD	3 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.96M	USD	3 Qtrs
Decrease in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-22.57K	USD	3 Qtrs
Decrease in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.84K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.61M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.79M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	3 Qtrs
Cash distribution	`PaymentsOfCapitalDistribution`	$22.97M	USD	3 Qtrs
Cash distribution	`PaymentsOfCapitalDistribution`	$6.30K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-22.97M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-6.30K	USD	3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.58M	USD	3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.80M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.46M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.67M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.79M	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`	$8.67M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.79M	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.