10-Q Filing

SURFACE COATINGS, INC. CIK: 1393356 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001121781-14-000237`
Period End Date	20140630
Filing Date	20140814
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	sctz-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 26 Income Statement 48 Cash Flow Statement 20 Stockholders Equity 18

Balance Sheet 26 line items

Line Item	Tag	Value	Unit	Period
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	3.94M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	3.94M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	3.94M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	3.94M	shares	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
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$69.39K	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$19.26K	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Due to Related Parties	`AccountsPayableRelatedPartiesCurrent`	$65.19K	USD	Point-in-time
Preferred stock, $.001 par value, 20,000,000 shares authorized, -0- shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value, 20,000,000 shares authorized, -0- shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value, 50,000,000 shares authorized, 3,939,000 and 3,789,000 shares issued and outstanding, respectively	`CommonStockValue`	$3.94K	USD	Point-in-time
Common stock, $.001 par value, 50,000,000 shares authorized, 3,939,000 and 3,789,000 shares issued and outstanding, respectively	`CommonStockValue`	$3.94K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-337.89K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-325.59K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-96.75K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-84.44K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-47.49K	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
Cost of Sales	`CostOfGoodsSold`	-	USD	2 Qtrs
Cost of Sales	`CostOfGoodsSold`	-	USD	2 Qtrs
Cost of Sales	`CostOfGoodsSold`	-	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	2 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$12.31K	USD	2 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$20.34K	USD	2 Qtrs
General and Administrative	`GeneralAndAdministrativeExpense`	$14.04K	USD	1 Quarter
General and Administrative	`GeneralAndAdministrativeExpense`	$6.39K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$14.04K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$20.34K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$12.31K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$6.39K	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-14.04K	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-12.31K	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-20.34K	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-6.39K	USD	1 Quarter
Net income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	2 Qtrs
Net income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	2 Qtrs
Net income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-12.31K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-14.04K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.39K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-20.34K	USD	2 Qtrs
Basic and diluted average weighted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.94M	shares	2 Qtrs
Basic and diluted average weighted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.94M	shares	1 Quarter
Basic and diluted average weighted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.79M	shares	2 Qtrs
Basic and diluted average weighted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.79M	shares	1 Quarter
Basic and diluted net loss per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted net loss per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	2 Qtrs
Basic and diluted net loss per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted net loss per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted net loss per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted net loss per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted net loss per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$-0.01	USD	2 Qtrs
Basic and diluted net loss per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Basic and diluted net income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter

Cash Flow Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-12.31K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-14.04K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-6.39K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-20.34K	USD	2 Qtrs
Change in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-12.86K	USD	2 Qtrs
Change in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$9.00K	USD	2 Qtrs
Change in Accounts Payable - Related Party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$25.17K	USD	2 Qtrs
Change in Accounts Payable - Related Party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$11.25K	USD	2 Qtrs
CASH FLOWS PROVIDED BY (USED) IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-90.00	USD	2 Qtrs
CASH FLOWS PROVIDED BY (USED) IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
NET (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	-	USD	2 Qtrs
NET (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-90.00	USD	2 Qtrs
Cash, beginning of period	`Cash`	-	USD	Point-in-time
Cash, beginning of period	`Cash`	-	USD	Point-in-time
Cash, beginning of period	`Cash`	$210.00	USD	Point-in-time
Cash, beginning of period	`Cash`	$300.00	USD	Point-in-time
Cash, end of period	`Cash`	$210.00	USD	Point-in-time
Cash, end of period	`Cash`	-	USD	Point-in-time
Cash, end of period	`Cash`	-	USD	Point-in-time
Cash, end of period	`Cash`	$300.00	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Begining balance, shares	`CommonStockSharesOutstanding`	3.94M	shares	Point-in-time
Begining balance, shares	`CommonStockSharesOutstanding`	3.94M	shares	Point-in-time
Begining Balance, Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-337.89K	USD	Point-in-time
Begining Balance, Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-325.59K	USD	Point-in-time
Begining balance, stockholders' equity	`StockholdersEquity`	$-84.44K	USD	Point-in-time
Begining balance, stockholders' equity	`StockholdersEquity`	$-96.75K	USD	Point-in-time
Begining balance, stockholders' equity	`StockholdersEquity`	$-47.49K	USD	Point-in-time
Net Loss	`NetIncomeLoss`	$-20.34K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-6.39K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-14.04K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-12.31K	USD	2 Qtrs
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.94M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.94M	shares	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-337.89K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-325.59K	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$-84.44K	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$-96.75K	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$-47.49K	USD	Point-in-time

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