10-Q Filing

BLUE BIOFUELS, INC. CIK: 1549145 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001145443-14-000807`
Period End Date	20140331
Filing Date	20140520
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	amgh-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 26 Cash Flow Statement 107

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.41K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.54M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$94.17K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.60M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.18M	USD	Point-in-time
PROPERTY AND EQUIPMENT, AT COST, NET OF ACCUMULATED DEPRECIATION OF $5,899 AND $5,365 AT DECEMBER 31, 2013 AND MARCH 31, 2014, RESPECTIVELY	`PropertyPlantAndEquipmentNet`	$51.27K	USD	Point-in-time
PROPERTY AND EQUIPMENT, AT COST, NET OF ACCUMULATED DEPRECIATION OF $5,899 AND $5,365 AT DECEMBER 31, 2013 AND MARCH 31, 2014, RESPECTIVELY	`PropertyPlantAndEquipmentNet`	$65.24K	USD	Point-in-time
Security deposits	`SecurityDeposit`	$18.00K	USD	Point-in-time
Security deposits	`SecurityDeposit`	$18.00K	USD	Point-in-time
Investment in film and television productions	`Investments`	$924.04K	USD	Point-in-time
Investment in film and television productions	`Investments`	$924.04K	USD	Point-in-time
Investment in and advances to Carbolosic	`OtherInvestments`	$7.46M	USD	Point-in-time
Investment in and advances to Carbolosic	`OtherInvestments`	$7.49M	USD	Point-in-time
TOTAL OTHER ASSETS	`AssetsNoncurrent`	$8.40M	USD	Point-in-time
TOTAL OTHER ASSETS	`AssetsNoncurrent`	$8.43M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$30.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$10.05M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$9.68M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$767.60K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$757.97K	USD	Point-in-time
Liability for stock to be issued	`AccrualForStockToBeIssued`	$354.50K	USD	Point-in-time
Liability for stock to be issued	`AccrualForStockToBeIssued`	$1.58M	USD	Point-in-time
Payable relating to an acquisition - Related party	`DueToRelatedPartiesCurrent`	$2.20M	USD	Point-in-time
Payable relating to an acquisition - Related party	`DueToRelatedPartiesCurrent`	$2.20M	USD	Point-in-time
Short Term Note Payable - Related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$111.80K	USD	Point-in-time
Short Term Note Payable - Related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$111.80K	USD	Point-in-time
Convertible Debentures Payable - Other	`ConvertibleDebtCurrent`	$70.00K	USD	Point-in-time
Convertible Debentures Payable - Other	`ConvertibleDebtCurrent`	$20.00K	USD	Point-in-time
Interest Payable - Related Party	`InterestPayableCurrent`	$2.93K	USD	Point-in-time
Interest Payable - Related Party	`InterestPayableCurrent`	$4.31K	USD	Point-in-time
Interest Payable - Other	`InterestPayableOther`	$11.65K	USD	Point-in-time
Interest Payable - Other	`InterestPayableOther`	$4.70K	USD	Point-in-time
TOTAL CURRENT LIABILITIES AND TOTAL LIABILITIES	`Liabilities`	$4.69M	USD	Point-in-time
TOTAL CURRENT LIABILITIES AND TOTAL LIABILITIES	`Liabilities`	$3.51M	USD	Point-in-time
Preferred stock; $0.001 par value; 10,000,000 shares authorized; zero shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; $0.001 par value; 10,000,000 shares authorized; zero shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock; $0.001 par value; 100,000,000 shares authorized; 32,773,392 shares issued and outstanding at March 31, 2014 and 32,840,476 shares issued an outstanding at December 31, 2013)	`CommonStockValue`	$32.84K	USD	Point-in-time
Common stock; $0.001 par value; 100,000,000 shares authorized; 32,773,392 shares issued and outstanding at March 31, 2014 and 32,840,476 shares issued an outstanding at December 31, 2013)	`CommonStockValue`	$32.77K	USD	Point-in-time
Stock Subscription Receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$10.00K	USD	Point-in-time
Stock Subscription Receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$10.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.93M	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$3.69M	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$2.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.04M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$9.68M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$10.05M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	8 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.26M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.66M	USD	8 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.37K	USD	1 Quarter
Equity loss (Carbolosic)	`IncomeLossFromEquityMethodInvestments`	$-20.69K	USD	8 Qtrs
Equity loss (Carbolosic)	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity loss (Carbolosic)	`IncomeLossFromEquityMethodInvestments`	$-20.69K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.68M	USD	8 Qtrs
Total operating expenses	`OperatingExpenses`	$17.37K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.28M	USD	1 Quarter
Loss from operations:	`OperatingIncomeLoss`	$-1.28M	USD	1 Quarter
Loss from operations:	`OperatingIncomeLoss`	$-17.37K	USD	1 Quarter
Loss from operations:	`OperatingIncomeLoss`	$-3.68M	USD	8 Qtrs
Interest expense	`InterestExpense`	$18.02K	USD	8 Qtrs
Interest expense	`InterestExpense`	$1.97K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.80M	USD	Annual
Net loss	`NetIncomeLoss`	$-19.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.69M	USD	8 Qtrs
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	33.68M	shares	1 Quarter
Weighted average common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	19.39M	shares	1 Quarter

Cash Flow Statement 107 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.80M	USD	Annual
Net loss	`NetIncomeLoss`	$-19.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.69M	USD	8 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.37K	USD	8 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$-534.00	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	-	USD	1 Quarter
Accrued interest on convertible debenture	`AccruedInterestOnConvertibleDebenture`	$2.30K	USD	1 Quarter
Accrued interest on convertible debenture	`AccruedInterestOnConvertibleDebenture`	$1.97K	USD	1 Quarter
Accrued interest on convertible debenture	`AccruedInterestOnConvertibleDebenture`	$16.88K	USD	8 Qtrs
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$15.00K	USD	Point-in-time
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	Annual
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$1.62M	USD	8 Qtrs
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$755.00K	USD	1 Quarter
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	3 Qtrs
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	1 Quarter
Issuance of warrants for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Issuance of warrants for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Issuance of warrants for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$902.77K	USD	8 Qtrs
Issuance of warrants for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$55.03K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$94.17K	USD	8 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.47K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$982.02K	USD	8 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$33.87K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-549.79K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.84K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-265.86K	USD	8 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.44K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$70.61K	USD	8 Qtrs
Cash paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$700.00K	USD	8 Qtrs
Cash paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Security deposit	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	1 Quarter
Security deposit	`PaymentsForDerivativeInstrumentInvestingActivities`	$18.00K	USD	8 Qtrs
Security deposit	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	1 Quarter
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	1 Quarter
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$33.19K	USD	1 Quarter
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$33.19K	USD	8 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.63K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-821.80K	USD	8 Qtrs
Proceeds from short-term note payable - related party	`ProceedsFromNotesPayable`	$8.85K	USD	1 Quarter
Proceeds from short-term note payable - related party	`ProceedsFromNotesPayable`	$111.80K	USD	8 Qtrs
Proceeds from short-term note payable - related party	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$424.68K	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.00K	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$774.63K	USD	8 Qtrs
Net proceeds of common stock yet to be issued	`ProceedFromIssuanceOfCommonStockToBeIssued`	$1.20M	USD	1 Quarter
Net proceeds of common stock yet to be issued	`ProceedFromIssuanceOfCommonStockToBeIssued`	$1.20M	USD	8 Qtrs
Net proceeds of common stock yet to be issued	`ProceedFromIssuanceOfCommonStockToBeIssued`	-	USD	1 Quarter
Proceeds from issuance of Convertible Debt	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Proceeds from issuance of Convertible Debt	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Proceeds from issuance of Convertible Debt	`ProceedsFromConvertibleDebt`	$80.00K	USD	8 Qtrs
Contributions to Additional Paid-In-Capital	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	-	USD	3 Qtrs
Contributions to Additional Paid-In-Capital	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	-	USD	1 Quarter
Contributions to Additional Paid-In-Capital	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$9.89K	USD	8 Qtrs
Contributions to Additional Paid-In-Capital	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.85K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.62M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.18M	USD	8 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.00	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.09M	USD	8 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.03M	USD	1 Quarter
Cash and cash equivalent at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$60.41K	USD	Point-in-time
Cash and cash equivalent at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.09M	USD	Point-in-time
Cash and cash equivalent at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.00	USD	Point-in-time
Cash and cash equivalent at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalent at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.00	USD	Point-in-time
Cash and cash equivalent at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$60.41K	USD	Point-in-time
Cash and cash equivalent at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.09M	USD	Point-in-time
Cash and cash equivalent at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.00	USD	Point-in-time
Cash and cash equivalent at end of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalent at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.00	USD	Point-in-time
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	8 Qtrs
Interest	`InterestPaid`	-	USD	1 Quarter
Taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Taxes	`IncomeTaxesPaidNet`	-	USD	8 Qtrs
Taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Conversion of convertible debenture to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Conversion of convertible debenture to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Conversion of convertible debenture to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$50.00K	USD	1 Quarter
Conversion of convertible debenture to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$60.00K	USD	8 Qtrs
Conversion of Interest to Common Stock	`StockIssuedDuringPeriodValueIssuedForConversionOfInterest`	-	USD	1 Quarter
Conversion of Interest to Common Stock	`StockIssuedDuringPeriodValueIssuedForConversionOfInterest`	$7.86K	USD	8 Qtrs
Conversion of Interest to Common Stock	`StockIssuedDuringPeriodValueIssuedForConversionOfInterest`	$7.86K	USD	1 Quarter
Common Stock issued for Investment in Carbolosic	`CommonStockUsedForInvestmentInCarbolosic`	$5.25M	USD	8 Qtrs
Common Stock issued for Investment in Carbolosic	`CommonStockUsedForInvestmentInCarbolosic`	-	USD	1 Quarter
Common Stock issued for Investment in Carbolosic	`CommonStockUsedForInvestmentInCarbolosic`	-	USD	1 Quarter
Common stock to be issued for investment in Carbolosic	`CommonStockToBeIssuedForInvestmentInCarbolosic`	-	USD	1 Quarter
Common stock to be issued for investment in Carbolosic	`CommonStockToBeIssuedForInvestmentInCarbolosic`	$199.50K	USD	8 Qtrs
Common stock to be issued for investment in Carbolosic	`CommonStockToBeIssuedForInvestmentInCarbolosic`	-	USD	1 Quarter
Common stock issued for investment in film and television productions	`CommonStockUsedForInvestmentInFilmAndTelevisionProductions`	-	USD	1 Quarter
Common stock issued for investment in film and television productions	`CommonStockUsedForInvestmentInFilmAndTelevisionProductions`	-	USD	1 Quarter
Common stock issued for investment in film and television productions	`CommonStockUsedForInvestmentInFilmAndTelevisionProductions`	$224.04K	USD	8 Qtrs
Debt incurred for acquisition of Carbolosic	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	1 Quarter
Debt incurred for acquisition of Carbolosic	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$2.20M	USD	8 Qtrs
Debt incurred for acquisition of Carbolosic	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	1 Quarter
Common stock (returned) issued recorded to prepaid expense	`StockIssuedDuringPeriodValueIssuedForPrepaidExpense`	$-1.50M	USD	1 Quarter
Common stock (returned) issued recorded to prepaid expense	`StockIssuedDuringPeriodValueIssuedForPrepaidExpense`	-	USD	1 Quarter
Common stock (returned) issued recorded to prepaid expense	`StockIssuedDuringPeriodValueIssuedForPrepaidExpense`	-	USD	8 Qtrs
Equity loss on investment (Carbolosic)	`EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss`	-	USD	1 Quarter
Equity loss on investment (Carbolosic)	`EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss`	$-20.69K	USD	1 Quarter
Equity loss on investment (Carbolosic)	`EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss`	$-20.69K	USD	8 Qtrs

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