10-K Filing

GUARDIAN 8 HOLDINGS CIK: 1429592 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001185185-12-000566`
Period End Date	20111231
Filing Date	20120329
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	grdh-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 44 Cash Flow Statement 73 Stockholders Equity 26

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Website, Accumulated amortization (in Dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization1`	-	USD	Point-in-time
Website, Accumulated amortization (in Dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization1`	$2.60K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$195.89K	USD	Point-in-time
Patent, accumulated amortization (in Dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$817.00	USD	Point-in-time
Patent, accumulated amortization (in Dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$1.33K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$290.83K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$15.00	USD	Point-in-time
Note payable- related party, discount (in Dollars)	`DebtInstrumentUnamortizedDiscount`	$31.32K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.00K	USD	Point-in-time
Note payable- related party, discount (in Dollars)	`DebtInstrumentUnamortizedDiscount`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$64.14K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$300.83K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$260.04K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Website, net of accumulated amortization of $2,604 and $0 as of December 31,2011 and 2010	`OtherIntangibleAssetsNet`	$20.83K	USD	Point-in-time
Patent, net of accumulation amortization of $1,333 and $817 as of December 31, 2011 and 2010	`FiniteLivedIntangibleAssetsNet`	$9.05K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Patent, net of accumulation amortization of $1,333 and $817 as of December 31, 2011 and 2010	`FiniteLivedIntangibleAssetsNet`	$9.57K	USD	Point-in-time
Total assets	`Assets`	$289.92K	USD	Point-in-time
Total assets	`Assets`	$310.40K	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
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.84K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.41K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.81K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.80M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	27.41M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.80M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.41M	shares	Point-in-time
Notes payable, related party net of discount of $31,325 and $0 as of December 31, 2011 and 2010	`NotesPayableRelatedPartiesClassifiedCurrent`	$275.68K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.41K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$313.32K	USD	Point-in-time
Commitments and contingencies:	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies:	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares Authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares Authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized; issued and outstanding of 27,412,318 at December 31, 2011 and 26,802,318 at December 31, 2010	`CommonStockValue`	$26.80K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized; issued and outstanding of 27,412,318 at December 31, 2011 and 26,802,318 at December 31, 2010	`CommonStockValue`	$27.41K	USD	Point-in-time
Paid in Capital	`AdditionalPaidInCapital`	$1.56M	USD	Point-in-time
Paid in Capital	`AdditionalPaidInCapital`	$1.36M	USD	Point-in-time
Retained earnings	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$1.61M	USD	Point-in-time
Retained earnings	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$1.12M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$-23.41K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	-	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$-340.57K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$272.99K	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$310.40K	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$289.92K	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	Annual
Revenue	`Revenues`	-	USD	10 Qtrs
Revenue	`Revenues`	-	USD	Annual
Cost of sales	`CostOfRevenue`	-	USD	Annual
Cost of sales	`CostOfRevenue`	-	USD	10 Qtrs
Cost of sales	`CostOfRevenue`	-	USD	Annual
Gross profit	`GrossProfit`	-	USD	Annual
Gross profit	`GrossProfit`	-	USD	10 Qtrs
Gross profit	`GrossProfit`	-	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$3.94K	USD	10 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$516.00	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$3.12K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$583.43K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$474.29K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.29M	USD	10 Qtrs
OperatingCostsAndExpenses	`OperatingCostsAndExpenses`	$1.29M	USD	10 Qtrs
OperatingCostsAndExpenses	`OperatingCostsAndExpenses`	$477.41K	USD	Annual
OperatingCostsAndExpenses	`OperatingCostsAndExpenses`	$583.94K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-477.41K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-583.94K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-1.29M	USD	10 Qtrs
Interest expense	`InterestExpense`	$15.27K	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Interest expense	`InterestExpense`	$15.27K	USD	10 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	Annual
Interest income	`InvestmentIncomeInterest`	-	USD	Annual
Interest income	`InvestmentIncomeInterest`	-	USD	10 Qtrs
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$-15.27K	USD	10 Qtrs
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	-	USD	Annual
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$-15.27K	USD	Annual
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.31M	USD	10 Qtrs
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-583.94K	USD	Annual
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-492.68K	USD	Annual
Provision for income tax expense	`IncomeTaxExpenseBenefit`	-	USD	10 Qtrs
Provision for income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net (loss)	`NetIncomeLoss`	$-583.94K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-492.68K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-1.31M	USD	10 Qtrs
Net (loss)	`NetIncomeLoss`	$-229.71K	USD	Annual
Net loss per share basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	Annual
Net loss per share basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	Annual
Weighted average shares outstanding (in Shares)	`WeightedAverageSharesOutstandingBasicAndDiluted1`	27.03M	shares	Annual
Weighted average shares outstanding (in Shares)	`WeightedAverageSharesOutstandingBasicAndDiluted1`	25.14M	shares	Annual

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-583.94K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-492.68K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-1.31M	USD	10 Qtrs
Net (loss)	`NetIncomeLoss`	$-229.71K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$62.50K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$52.50K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$193.75K	USD	10 Qtrs
Stock issued for compensation	`ShareBasedCompensation`	$63.75K	USD	Annual
Stock issued for compensation	`ShareBasedCompensation`	$153.75K	USD	10 Qtrs
Stock issued for compensation	`ShareBasedCompensation`	$90.00K	USD	Annual
Amortization of patent and website	`AmortizationOfIntangibleAssets`	$3.94K	USD	10 Qtrs
Amortization of patent and website	`AmortizationOfIntangibleAssets`	$516.00	USD	Annual
Amortization of patent and website	`AmortizationOfIntangibleAssets`	$3.12K	USD	Annual
Amortization of discounts on note payable	`AmortizationOfDebtDiscountPremium`	$12.46K	USD	10 Qtrs
Amortization of discounts on note payable	`AmortizationOfDebtDiscountPremium`	$12.46K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-64.14K	USD	10 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-10.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-54.14K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-38.26K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$34.84K	USD	10 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.57K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$2.81K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$2.81K	USD	10 Qtrs
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-159.25K	USD	Annual
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-184.25K	USD	10 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-378.50K	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.15M	USD	10 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-674.69K	USD	Annual
Purchase of website	`PaymentsToAcquireIntangibleAssets`	$-23.43K	USD	Annual
Purchase of website	`PaymentsToAcquireIntangibleAssets`	$-23.43K	USD	10 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.43K	USD	10 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.43K	USD	Annual
Proceeds from common stock sales	`ProceedsFromIssuanceOfCommonStock`	$965.50K	USD	Annual
Proceeds from common stock sales	`ProceedsFromIssuanceOfCommonStock`	$1.07M	USD	10 Qtrs
Proceeds from notes payable, related party	`ProceedsFromRelatedPartyDebt`	$10.00K	USD	Annual
Proceeds from notes payable, related party	`ProceedsFromRelatedPartyDebt`	$307.00K	USD	Annual
Proceeds from notes payable, related party	`ProceedsFromRelatedPartyDebt`	$317.00K	USD	10 Qtrs
Payments on notes payable, related party	`RepaymentsOfRelatedPartyDebt`	$10.00K	USD	10 Qtrs
Payments on notes payable, related party	`RepaymentsOfRelatedPartyDebt`	$10.00K	USD	Annual
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.37M	USD	10 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$965.50K	USD	Annual
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$307.00K	USD	Annual
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-94.94K	USD	Annual
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$290.81K	USD	Annual
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$195.89K	USD	10 Qtrs
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$195.89K	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$290.83K	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$15.00	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	$195.89K	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	$290.83K	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	$15.00	USD	Point-in-time
Interest paid	`InterestPaid`	$12.46K	USD	Annual
Interest paid	`InterestPaid`	$12.46K	USD	10 Qtrs
Interest paid	`InterestPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	10 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$62.50K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$52.50K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$193.75K	USD	10 Qtrs
Shares issued for services	`StockIssued1`	$250.00K	USD	Annual
Shares issued for services	`StockIssued1`	$210.00K	USD	Annual
Shares issued for services	`StockIssued1`	$2.71M	USD	10 Qtrs
Stock issued for compensation	`ShareBasedCompensation`	$63.75K	USD	Annual
Stock issued for compensation	`ShareBasedCompensation`	$153.75K	USD	10 Qtrs
Stock issued for compensation	`ShareBasedCompensation`	$90.00K	USD	Annual
Shares issued for compensation	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$360.00K	USD	Annual
Shares issued for compensation	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$255.00K	USD	Annual
Shares issued for compensation	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$615.00K	USD	10 Qtrs
Stock issued for payment on due to related party	`SharesIssuedForPaymentOnDueToRelatedParty`	$115.75K	USD	10 Qtrs
Stock issued for payment on due to related party	`SharesIssuedForPaymentOnDueToRelatedParty`	$115.75K	USD	Annual
Shares issued for payment on due to related party	`SharesIssuedForPaymentOnDueToRelatedParty1`	$463.00K	USD	10 Qtrs
Shares issued for payment on due to related party	`SharesIssuedForPaymentOnDueToRelatedParty1`	$463.00K	USD	Annual

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-23.41K	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$-340.57K	USD	Point-in-time
Balance	`StockholdersEquity`	$272.99K	USD	Point-in-time
Balance, shares (in Shares)	`CommonStockSharesOutstanding`	26.80M	shares	Point-in-time
Balance, shares (in Shares)	`CommonStockSharesOutstanding`	27.41M	shares	Point-in-time
Acquisition of patent	`StockIssuedDuringPeriodValuePurchaseOfAssets`	$-289.62K	USD	Annual
Stock sold	`StockIssuedDuringPeriodValueNewIssues`	$100.00K	USD	Annual
Stock sold	`StockIssuedDuringPeriodValueNewIssues`	$965.50K	USD	Annual
Stock issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$63.75K	USD	Annual
Stock issued to directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$90.00K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$62.50K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$52.50K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$193.75K	USD	10 Qtrs
Discounts on notes payable	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$43.78K	USD	Annual
Stock issued for debt @ $0.25	`StockIssuedForDebtValue`	$115.75K	USD	Annual
Net loss	`NetIncomeLoss`	$-583.94K	USD	Annual
Net loss	`NetIncomeLoss`	$-492.68K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.31M	USD	10 Qtrs
Net loss	`NetIncomeLoss`	$-229.71K	USD	Annual
Balance	`StockholdersEquity`	$-23.41K	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$-340.57K	USD	Point-in-time
Balance	`StockholdersEquity`	$272.99K	USD	Point-in-time
Balance, shares (in Shares)	`CommonStockSharesOutstanding`	26.80M	shares	Point-in-time
Balance, shares (in Shares)	`CommonStockSharesOutstanding`	27.41M	shares	Point-in-time

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