10-Q Filing

AIADVERTISING, INC. CIK: 743758 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001065949-15-000274`
Period End Date	20150930
Filing Date	20151113
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	clwd-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 36 Cash Flow Statement 52 Stockholders Equity 15

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$50.04K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$28.07K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$18.54K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$19.05K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts Receivable, net	`AccountsReceivableNetCurrent`	$111.73K	USD	Point-in-time
Accounts Receivable, net	`AccountsReceivableNetCurrent`	$138.31K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.33K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.05K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$143.13K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$162.41K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	495.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	105.79M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	105.79M	shares	Point-in-time
Furniture, Fixtures & Equipment	`FurnitureAndFixturesGross`	$10.53K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	105.79M	shares	Point-in-time
Furniture, Fixtures & Equipment	`FurnitureAndFixturesGross`	$10.53K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	105.79M	shares	Point-in-time
Computer Equipment	`MachineryAndEquipmentGross`	$16.94K	USD	Point-in-time
Computer Equipment	`MachineryAndEquipmentGross`	$16.94K	USD	Point-in-time
Computer Software	`CapitalizedComputerSoftwareGross`	$1.90K	USD	Point-in-time
Computer Software	`CapitalizedComputerSoftwareGross`	$1.90K	USD	Point-in-time
Total Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$29.38K	USD	Point-in-time
Total Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$29.38K	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$20.71K	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$21.45K	USD	Point-in-time
NET PROPERTY AND EQUIPMENT	`PropertyPlantAndEquipmentNet`	$8.67K	USD	Point-in-time
NET PROPERTY AND EQUIPMENT	`PropertyPlantAndEquipmentNet`	$7.93K	USD	Point-in-time
Lease Deposit	`SecurityDeposit`	$5.96K	USD	Point-in-time
Lease Deposit	`SecurityDeposit`	$5.96K	USD	Point-in-time
Internet Domain	`OtherIndefiniteLivedIntangibleAssets`	$20.20K	USD	Point-in-time
Internet Domain	`OtherIndefiniteLivedIntangibleAssets`	$20.20K	USD	Point-in-time
Intangible Assets	`FiniteLivedIntangibleAssetsNet`	$10.00K	USD	Point-in-time
Intangible Assets	`FiniteLivedIntangibleAssetsNet`	-	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssetsNoncurrent`	$26.16K	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssetsNoncurrent`	$36.16K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$197.23K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$187.22K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$61.87K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$147.75K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$70.71K	USD	Point-in-time
Accrued Expenses	`AccruedLiabilitiesCurrent`	$72.99K	USD	Point-in-time
Deferred Income	`DeferredRevenueCurrent`	-	USD	Point-in-time
Deferred Income	`DeferredRevenueCurrent`	$8.00K	USD	Point-in-time
Convertible Notes and Interest Payable, current, net	`ConvertibleNotesPayableCurrent`	$619.32K	USD	Point-in-time
Convertible Notes and Interest Payable, current, net	`ConvertibleNotesPayableCurrent`	$654.96K	USD	Point-in-time
Derivative Liability	`DerivativeLiabilitiesCurrent`	$6.31M	USD	Point-in-time
Derivative Liability	`DerivativeLiabilitiesCurrent`	$1.95M	USD	Point-in-time
Customer Deposit	`CustomerDepositsCurrent`	$4.00K	USD	Point-in-time
Customer Deposit	`CustomerDepositsCurrent`	$4.00K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$7.19M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$2.72M	USD	Point-in-time
Convertible Notes and Interest Payable, net	`ConvertibleLongTermNotesPayable`	$81.56K	USD	Point-in-time
Convertible Notes and Interest Payable, net	`ConvertibleLongTermNotesPayable`	$246.31K	USD	Point-in-time
Accrued Expenses, long term	`OtherAccruedLiabilitiesNoncurrent`	$216.90K	USD	Point-in-time
Accrued Expenses, long term	`OtherAccruedLiabilitiesNoncurrent`	$217.95K	USD	Point-in-time
TOTAL LONG TERM LIABILITIES	`LiabilitiesNoncurrent`	$299.52K	USD	Point-in-time
TOTAL LONG TERM LIABILITIES	`LiabilitiesNoncurrent`	$463.21K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$7.65M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.01M	USD	Point-in-time
Preferred Stock, $0.001 Par Value; 5,000,000 Authorized Shares; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.001 Par Value; 5,000,000 Authorized Shares; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $0.001 Par Value; 2,000,000,000 Authorized Shares; 105,790,195 Shares Issued and Outstanding	`CommonStockValue`	$105.79K	USD	Point-in-time
Common Stock, $0.001 Par Value; 2,000,000,000 Authorized Shares; 105,790,195 Shares Issued and Outstanding	`CommonStockValue`	$105.79K	USD	Point-in-time
Additional Paid In Capital	`AdditionalPaidInCapital`	$7.68M	USD	Point-in-time
Additional Paid In Capital	`AdditionalPaidInCapital`	$7.78M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-15.36M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-10.60M	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY/(DEFICIT)	`StockholdersEquity`	$-7.47M	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY/(DEFICIT)	`StockholdersEquity`	$-2.82M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$197.23K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$187.22K	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`Revenues`	$113.56K	USD	1 Quarter
REVENUE	`Revenues`	$114.78K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$323.76K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$394.93K	USD	1 Quarter
Stock option expense	`ShareBasedCompensation`	$105.29K	USD	1 Quarter
Stock option expense	`ShareBasedCompensation`	$5.69K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$737.00	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.15K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$330.60K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$500.96K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE OTHER INCOME AND TAXES	`OperatingIncomeLoss`	$-387.40K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE OTHER INCOME AND TAXES	`OperatingIncomeLoss`	$-215.82K	USD	1 Quarter
Gain/(Loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain/(Loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$111.55K	USD	1 Quarter
Gain/(Loss) on changes in derivative liability	`DerivativeGainLossOnDerivativeNet`	$-4.17M	USD	1 Quarter
Gain/(Loss) on changes in derivative liability	`DerivativeGainLossOnDerivativeNet`	$708.51K	USD	1 Quarter
Interest expense	`InterestExpense`	$110.47K	USD	1 Quarter
Interest expense	`InterestExpense`	$200.38K	USD	1 Quarter
TOTAL OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$709.58K	USD	1 Quarter
TOTAL OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$-4.37M	USD	1 Quarter
INCOME/(LOSS) FROM OPERATIONS BEFORE PROVISION FOR TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-4.75M	USD	1 Quarter
INCOME/(LOSS) FROM OPERATIONS BEFORE PROVISION FOR TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$493.76K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$1.60K	USD	1 Quarter
Income tax (provision)/benefit	`CurrentIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax (provision)/benefit	`CurrentIncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME (TAXES)/BENEFIT	`IncomeTaxExpenseBenefit`	$1.60K	USD	1 Quarter
PROVISION FOR INCOME (TAXES)/BENEFIT	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME/(LOSS)	`NetIncomeLoss`	$-4.75M	USD	1 Quarter
NET INCOME/(LOSS)	`NetIncomeLoss`	$492.16K	USD	1 Quarter
BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	100.88M	shares	1 Quarter
BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	105.79M	shares	1 Quarter
DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	261.22M	shares	1 Quarter
DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	105.79M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`NetIncomeLoss`	$-4.75M	USD	1 Quarter
Net income/(loss)	`NetIncomeLoss`	$492.16K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$737.00	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.15K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$3.78K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-3.31K	USD	1 Quarter
Cost of stock compensation recognized	`ShareBasedCompensation`	$105.29K	USD	1 Quarter
Cost of stock compensation recognized	`ShareBasedCompensation`	$5.69K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$96.88K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$168.14K	USD	1 Quarter
(Gain)/loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
(Gain)/loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$111.55K	USD	1 Quarter
(Gain)/loss on derivative liability valuation	`DerivativeGainLossOnDerivativeNet`	$-4.17M	USD	1 Quarter
(Gain)/loss on derivative liability valuation	`DerivativeGainLossOnDerivativeNet`	$708.51K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.29K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-29.89K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.64K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.71K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.52K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$85.88K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$33.47K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$15.20K	USD	1 Quarter
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$15.60K	USD	1 Quarter
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$-8.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	1 Quarter
NET CASH (USED) IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-173.98K	USD	1 Quarter
NET CASH (USED) IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-169.15K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.35K	USD	1 Quarter
Purchase of intangible assets (see Note 6)	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Purchase of intangible assets (see Note 6)	`PaymentsToAcquireIntangibleAssets`	$10.00K	USD	1 Quarter
NET CASH PROVIDED/(USED) IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-2.35K	USD	1 Quarter
NET CASH PROVIDED/(USED) IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-10.00K	USD	1 Quarter
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$193.00K	USD	1 Quarter
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$140.00K	USD	1 Quarter
NET CASH PROVIDED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$140.00K	USD	1 Quarter
NET CASH PROVIDED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$193.00K	USD	1 Quarter
NET INCREASE/(DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.02K	USD	1 Quarter
NET INCREASE/(DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-31.50K	USD	1 Quarter
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$50.04K	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$28.07K	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$18.54K	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$19.05K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$50.04K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$28.07K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$18.54K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$19.05K	USD	Point-in-time
Interest paid	`InterestPaid`	$44.00	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter
Taxes paid	`IncomeTaxesPaidNet`	$1.60K	USD	1 Quarter
Taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance preferred stock, shares	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Balance preferred stock, shares	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Balance common stock, shares	`CommonStockSharesOutstanding`	105.79M	shares	Point-in-time
Balance common stock, shares	`CommonStockSharesOutstanding`	105.79M	shares	Point-in-time
Balance, value	`StockholdersEquity`	$-7.47M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-2.82M	USD	Point-in-time
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$105.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$492.16K	USD	1 Quarter
Balance preferred stock, shares	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Balance preferred stock, shares	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Balance common stock, shares	`CommonStockSharesOutstanding`	105.79M	shares	Point-in-time
Balance common stock, shares	`CommonStockSharesOutstanding`	105.79M	shares	Point-in-time
Balance, value	`StockholdersEquity`	$-7.47M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-2.82M	USD	Point-in-time

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