10-Q Filing

SCIENTIFIC ENERGY, INC CIK: 1276531 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001276531-12-000009`
Period End Date	20120630
Filing Date	20120802
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	scgy-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 46 Cash Flow Statement 28

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$529.96K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.68M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Prepaid Expense and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.40K	USD	Point-in-time
Prepaid Expense and Other Current Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$118.65K	USD	Point-in-time
Deposits	`Deposits`	$21.28K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$1.22M	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$669.89K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$169.59K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$126.36K	USD	Point-in-time
Long-term Investments	`LongTermInvestments`	$2.26M	USD	Point-in-time
Long-term Investments	`LongTermInvestments`	$2.27M	USD	Point-in-time
Assets	`Assets`	$3.07M	USD	Point-in-time
Assets	`Assets`	$3.65M	USD	Point-in-time
Accounts Payable and Accrued Liabilities	`AccountsPayableAndAccruedLiabilities`	$3.44K	USD	Point-in-time
Accounts Payable and Accrued Liabilities	`AccountsPayableAndAccruedLiabilities`	$1.19K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$3.44K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$1.19K	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	$949.16K	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	$949.16K	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$5.73M	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$5.73M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-312.18K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-297.71K	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.73M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-3.32M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.07M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64M	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	94.92M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	94.92M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	94.92M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	94.92M	shares	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$949.16K	USD	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$949.16K	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$3.07M	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$3.65M	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$290.78K	USD	2 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$280.16K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$74.59K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$545.19K	USD	2 Qtrs
Depreciation	`Depreciation`	$44.01K	USD	2 Qtrs
Depreciation	`Depreciation`	$43.82K	USD	2 Qtrs
Depreciation	`Depreciation`	$21.92K	USD	1 Quarter
Depreciation	`Depreciation`	$22.00K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$96.51K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$302.16K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$334.61K	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$589.20K	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-96.51K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-334.61K	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-302.16K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-589.20K	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	$51.32K	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$17.00	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$46.00	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	$102.66K	USD	2 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-302.14K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-589.15K	USD	2 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-45.19K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-231.95K	USD	2 Qtrs
Net Income (loss)	`NetIncomeLoss`	$-589.15K	USD	2 Qtrs
Net Income (loss)	`NetIncomeLoss`	$-231.95K	USD	2 Qtrs
Net Income (loss)	`NetIncomeLoss`	$-45.19K	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	94.92M	shares	Point-in-time
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	94.92M	shares	Point-in-time
Net Income (loss)	`NetIncomeLoss`	$-589.15K	USD	2 Qtrs
Net Income (loss)	`NetIncomeLoss`	$-231.95K	USD	2 Qtrs
Net Income (loss)	`NetIncomeLoss`	$-45.19K	USD	1 Quarter
Change in fair value of investments	`FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome`	$14.35K	USD	2 Qtrs
Change in fair value of investments	`FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome`	$-138.37K	USD	1 Quarter
Foreign translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.32K	USD	1 Quarter
Foreign translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$114.00	USD	2 Qtrs
Foreign translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-2.47K	USD	2 Qtrs
Foreign translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.31K	USD	1 Quarter
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-441.83K	USD	1 Quarter
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-43.88K	USD	1 Quarter
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-234.42K	USD	2 Qtrs
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-574.68K	USD	2 Qtrs

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-589.15K	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-231.95K	USD	2 Qtrs
Depreciation	`Depreciation`	$44.01K	USD	2 Qtrs
Depreciation	`Depreciation`	$43.82K	USD	2 Qtrs
Depreciation	`Depreciation`	$21.92K	USD	1 Quarter
Depreciation	`Depreciation`	$22.00K	USD	1 Quarter
Increase (Decrease) in Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$2.87M	USD	2 Qtrs
Increase (Decrease) in interest receivable on convertible debenture	`IncreaseDecreaseInInterestReceivableOnConvertibleDebenture`	$51.95K	USD	2 Qtrs
Increase (Decrease) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-14.02K	USD	2 Qtrs
Increase (Decrease) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-116.20K	USD	2 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.82M	USD	2 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-21.27K	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-97.54K	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-684.78K	USD	2 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-541.00	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-541.00	USD	2 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-275.00	USD	2 Qtrs
Effect of exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.15K	USD	2 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-685.60K	USD	2 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-99.69K	USD	2 Qtrs
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$529.96K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.68M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$529.96K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.68M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time

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