10-Q Filing

ZEUUS, INC. CIK: 1687926 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001213900-23-013210`
Period End Date	20221231
Filing Date	20230221
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	f10q1222_zeuusinc_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 31 Cash Flow Statement 37 Stockholders Equity 12

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$42.95K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$57.01K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Deposit and other assets	`DepositsAssets`	$15.67K	USD	Point-in-time
Deposit and other assets	`DepositsAssets`	$53.22K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	105.52M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	105.52M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	105.52M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	105.52M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$110.23K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$58.62K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$83.19K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$48.03K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$855.00K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$900.00K	USD	Point-in-time
Total other assets	`OtherAssets`	$903.03K	USD	Point-in-time
Total other assets	`OtherAssets`	$983.19K	USD	Point-in-time
Total Assets	`Assets`	$1.04M	USD	Point-in-time
Total Assets	`Assets`	$1.01M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$45.85K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$87.25K	USD	Point-in-time
Accrued interest related party	`InterestPayableCurrent`	$49.11K	USD	Point-in-time
Accrued interest related party	`InterestPayableCurrent`	$74.80K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$60.20K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.70K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$1.31M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$1.16M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.48M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.48M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.31M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, par value $0.001, 200,000,000 shares authorized; 105,515,460 and 105,515,460 shares issued and outstanding, respectively	`CommonStockValue`	$105.52K	USD	Point-in-time
Common Stock, par value $0.001, 200,000,000 shares authorized; 105,515,460 and 105,515,460 shares issued and outstanding, respectively	`CommonStockValue`	$105.52K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$888.06K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$888.06K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.06K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-281.00	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.46M	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-272.92K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$204.19K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-464.03K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$385.73K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$1.04M	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$1.01M	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Loss per share, basic and diluted	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Loss per share, basic and diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$197.06K	USD	1 Quarter
Weighted average common shares outstanding, basic and diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	105.52M	shares	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$72.75K	USD	1 Quarter
Weighted average common shares outstanding, basic and diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	105.49M	shares	1 Quarter
Director compensation	`OfficersCompensation`	$34.65K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$75.33K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$30.72K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$148.08K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$262.42K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-262.42K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-148.08K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.61K	USD	1 Quarter
Interest expense	`InterestExpense`	$25.69K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.61K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-25.69K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$173.77K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$265.03K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-265.03K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-173.77K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-3.15K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-17.34K	USD	1 Quarter
Comprehensive Loss	`OtherComprehensiveIncomeLossTax`	$-191.11K	USD	1 Quarter
Comprehensive Loss	`OtherComprehensiveIncomeLossTax`	$-268.18K	USD	1 Quarter
Loss per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Loss per share, basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted average common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.49M	shares	1 Quarter
Weighted average common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.52M	shares	1 Quarter

Cash Flow Statement 37 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-265.03K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-173.77K	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciation`	$2.19K	USD	1 Quarter
Depreciation and amortization expense	`CostOfGoodsAndServicesSoldDepreciation`	$48.70K	USD	1 Quarter
Stock issued for director services	`StockIssuedForDirectorService`	$34.65K	USD	1 Quarter
Deposit and other assets	`IncreaseDecreaseInDepositOtherAssets`	$6.09K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-20.55K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.84K	USD	1 Quarter
Accrued interest related party	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-25.69K	USD	1 Quarter
Accrued interest related party	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-2.61K	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-56.50K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-137.13K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-246.13K	USD	1 Quarter
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.03K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.03K	USD	1 Quarter
Cash overdraft	`CashOverdraft`	$16.56K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$52.00K	USD	1 Quarter
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$249.97K	USD	1 Quarter
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$151.97K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$168.53K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$301.97K	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$31.40K	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$44.81K	USD	1 Quarter
Effects of currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.15K	USD	1 Quarter
Effects of currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-17.34K	USD	1 Quarter
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.95K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.66K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.01K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.01K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.95K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.66K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.01K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.01K	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-272.92K	USD	Point-in-time
Balance	`StockholdersEquity`	$204.19K	USD	Point-in-time
Balance	`StockholdersEquity`	$-464.03K	USD	Point-in-time
Balance	`StockholdersEquity`	$385.73K	USD	Point-in-time
Common stock issued for director services	`StockIssuedDuringPeriodValueIssuedForServices`	$34.65K	USD	1 Quarter
Common stock issued for cash	`StockIssuedDuringPeriodValueNewIssues`	$52.00K	USD	1 Quarter
Net loss	`OtherComprehensiveIncomeLossTax`	$-191.11K	USD	1 Quarter
Net loss	`OtherComprehensiveIncomeLossTax`	$-268.18K	USD	1 Quarter
Balance	`StockholdersEquity`	$-272.92K	USD	Point-in-time
Balance	`StockholdersEquity`	$204.19K	USD	Point-in-time
Balance	`StockholdersEquity`	$-464.03K	USD	Point-in-time
Balance	`StockholdersEquity`	$385.73K	USD	Point-in-time

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