10-Q Filing

AIADVERTISING, INC. CIK: 743758 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001065949-16-000521`
Period End Date	20160930
Filing Date	20161114
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	clwd-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 42 Cash Flow Statement 55 Stockholders Equity 16

Balance Sheet 68 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, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$28.07K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$49.66K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$11.27K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	28,025.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$19.05K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	28,025.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$427.87K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$347.94K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	28,025.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	28,025.00	shares	Point-in-time
Prepaid and other current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.43K	USD	Point-in-time
Prepaid and other current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.17K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$366.39K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$489.95K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	129.90M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	129.90M	shares	Point-in-time
PROPERTY & EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$73.16K	USD	Point-in-time
PROPERTY & EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$70.52K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	129.90M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	129.90M	shares	Point-in-time
Lease deposit	`SecurityDeposit`	$3.50K	USD	Point-in-time
Lease deposit	`SecurityDeposit`	$3.50K	USD	Point-in-time
Internet domain	`OtherIndefiniteLivedIntangibleAssets`	$20.20K	USD	Point-in-time
Internet domain	`OtherIndefiniteLivedIntangibleAssets`	$20.20K	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$1.62M	USD	Point-in-time
Goodwill and other intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$1.57M	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssetsNoncurrent`	$1.59M	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssetsNoncurrent`	$1.65M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.03M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$177.38K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$293.35K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$267.92K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$267.81K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$83.54K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$80.81K	USD	Point-in-time
Deferred income and customer deposit	`DeferredRevenueAndCreditsCurrent`	$4.00K	USD	Point-in-time
Deferred income and customer deposit	`DeferredRevenueAndCreditsCurrent`	$335.64K	USD	Point-in-time
Convertible notes and interest payable, current, net	`ConvertibleNotesPayableCurrent`	$87.09K	USD	Point-in-time
Convertible notes and interest payable, current, net	`ConvertibleNotesPayableCurrent`	$88.75K	USD	Point-in-time
Notes Payable	`NotesPayableCurrent`	$461.98K	USD	Point-in-time
Notes Payable	`NotesPayableCurrent`	$607.31K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.34M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.41M	USD	Point-in-time
Accrued expenses, long term	`OtherAccruedLiabilitiesNoncurrent`	$213.75K	USD	Point-in-time
Accrued expenses, long term	`OtherAccruedLiabilitiesNoncurrent`	$212.70K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.55M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.63M	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 Authorized shares: Series A Preferred stock; 10,000 authorized, 10,000 shares issued and outstanding, respectively; Series B Preferred stock; 20,000 authorized, 18,025 shares issued and outstanding, respectively;	`PreferredStockValue`	$28.00	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 Authorized shares: Series A Preferred stock; 10,000 authorized, 10,000 shares issued and outstanding, respectively; Series B Preferred stock; 20,000 authorized, 18,025 shares issued and outstanding, respectively;	`PreferredStockValue`	$28.00	USD	Point-in-time
Common stock, $0.001 par value; 2,000,000,000 authorized shares; 129,899,595 shares issued and outstanding	`CommonStockValue`	$129.90K	USD	Point-in-time
Common stock, $0.001 par value; 2,000,000,000 authorized shares; 129,899,595 shares issued and outstanding	`CommonStockValue`	$129.90K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$18.55M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$18.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.09M	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$583.25K	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$475.21K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.21M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.03M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`Revenues`	$1.09M	USD	1 Quarter
REVENUE	`Revenues`	$113.56K	USD	1 Quarter
Salaries and outside services	`SalariesAndWages`	$295.45K	USD	1 Quarter
Salaries and outside services	`SalariesAndWages`	$872.81K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$99.48K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$250.17K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$126.53K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$105.29K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$60.33K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$737.00	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$1.31M	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$500.96K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE OTHER INCOME AND TAXES	`OperatingIncomeLoss`	$-217.16K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE OTHER INCOME AND TAXES	`OperatingIncomeLoss`	$-387.40K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$69.00	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Gain (loss) on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain (loss) on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$14.26K	USD	1 Quarter
Gain (loss) on changes in derivative liability	`DerivativeGainLossOnDerivativeNet`	$-4.17M	USD	1 Quarter
Gain (loss) on changes in derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$11.74K	USD	1 Quarter
Interest expense	`InterestExpense`	$200.38K	USD	1 Quarter
TOTAL OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$-4.37M	USD	1 Quarter
TOTAL OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$2.59K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE PROVISION FOR TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-214.57K	USD	1 Quarter
LOSS FROM OPERATIONS BEFORE PROVISION FOR TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-4.75M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-4.75M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-214.57K	USD	1 Quarter
PREFERRED DIVIDEND	`DividendsPreferredStock`	-	USD	1 Quarter
PREFERRED DIVIDEND	`DividendsPreferredStock`	$20.00K	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-234.57K	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.75M	USD	1 Quarter
BASIC	`EarningsPerShareBasic`	-	USD	1 Quarter
BASIC	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
DILUTED	`EarningsPerShareDiluted`	-	USD	1 Quarter
DILUTED	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	129.90M	shares	1 Quarter
BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	105.79M	shares	1 Quarter
DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	129.90M	shares	1 Quarter
DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	105.79M	shares	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-4.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-214.57K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$60.33K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$737.00	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-3.31K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-13.72K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$126.53K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$105.29K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$168.14K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
(Gain) loss on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
(Gain) loss on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$14.26K	USD	1 Quarter
(Gain)/Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$-4.17M	USD	1 Quarter
(Gain)/Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-29.89K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-93.65K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.25K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.71K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$85.88K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$115.97K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$6.06K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$33.47K	USD	1 Quarter
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$-8.00K	USD	1 Quarter
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$-331.64K	USD	1 Quarter
NET CASH (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-173.98K	USD	1 Quarter
NET CASH (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-166.42K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.89K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.65K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$10.00K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-10.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$10.76K	USD	1 Quarter
Dividend paid	`PaymentsOfDividends`	-	USD	1 Quarter
Dividend paid	`PaymentsOfDividends`	$20.00K	USD	1 Quarter
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$140.00K	USD	1 Quarter
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$193.00K	USD	1 Quarter
Net payments on line of credit	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Net payments on line of credit	`RepaymentsOfLinesOfCredit`	$2.73K	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$117.27K	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$193.00K	USD	1 Quarter
NET INCREASE/(DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-38.39K	USD	1 Quarter
NET INCREASE/(DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.02K	USD	1 Quarter
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$28.07K	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$49.66K	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$11.27K	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$19.05K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$28.07K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$49.66K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$11.27K	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$19.05K	USD	Point-in-time
Interest paid	`InterestPaid`	$4.74K	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance Preferred Stock, shares	`PreferredStockSharesOutstanding`	28,025.00	shares	Point-in-time
Balance Preferred Stock, shares	`PreferredStockSharesOutstanding`	28,025.00	shares	Point-in-time
Balance Common Stock, shares	`CommonStockSharesOutstanding`	129.90M	shares	Point-in-time
Balance Common Stock, shares	`CommonStockSharesOutstanding`	129.90M	shares	Point-in-time
Balance, value	`StockholdersEquity`	$583.25K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$475.21K	USD	Point-in-time
Dividend on Series A Preferred stock	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$20.00K	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$126.53K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-214.57K	USD	1 Quarter
Balance Preferred Stock, shares	`PreferredStockSharesOutstanding`	28,025.00	shares	Point-in-time
Balance Preferred Stock, shares	`PreferredStockSharesOutstanding`	28,025.00	shares	Point-in-time
Balance Common Stock, shares	`CommonStockSharesOutstanding`	129.90M	shares	Point-in-time
Balance Common Stock, shares	`CommonStockSharesOutstanding`	129.90M	shares	Point-in-time
Balance, value	`StockholdersEquity`	$583.25K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$475.21K	USD	Point-in-time

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