10-Q Filing

SCIENTIFIC ENERGY, INC CIK: 1276531 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001276531-12-000017`
Period End Date	20120930
Filing Date	20121119
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	scgy-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 56 Cash Flow Statement 39

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.52M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$196.97K	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`	$1.22M	USD	Point-in-time
Prepaid Advertising	`PrepaidAdvertising`	$1.94M	USD	Point-in-time
Trading Securities	`TradingSecurities`	$604.13K	USD	Point-in-time
Prepaid Expense and Other	`PrepaidExpenseAndOtherAssets`	$117.53K	USD	Point-in-time
Prepaid Expense and Other	`PrepaidExpenseAndOtherAssets`	$2.40K	USD	Point-in-time
Deposits Assets, Current	`DepositsAssetsCurrent`	$21.29K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$2.88M	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$1.22M	USD	Point-in-time
Property, Plant and Equipment	`PropertyPlantAndEquipmentNet`	$169.59K	USD	Point-in-time
Property, Plant and Equipment	`PropertyPlantAndEquipmentNet`	$104.40K	USD	Point-in-time
Long-term Investments	`LongTermInvestments`	$2.26M	USD	Point-in-time
Assets	`Assets`	$3.65M	USD	Point-in-time
Assets	`Assets`	$2.99M	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$214.00	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.44K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$3.44K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$214.00	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`	$95.21K	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.73M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-3.79M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.99M	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, 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`	94.16M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	94.16M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	94.16M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	94.16M	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`	$2.99M	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$3.65M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$339.43K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$184.28K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$475.07K	USD	3 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$884.62K	USD	3 Qtrs
Depreciation	`Depreciation`	$65.70K	USD	3 Qtrs
Depreciation	`Depreciation`	$66.02K	USD	3 Qtrs
Depreciation	`Depreciation`	$22.01K	USD	1 Quarter
Depreciation	`Depreciation`	$21.88K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$206.17K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$950.64K	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$540.77K	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$361.44K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-361.44K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-540.77K	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-950.64K	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-206.17K	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$11.00	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$35.10K	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$137.76K	USD	3 Qtrs
Interest Income	`InvestmentIncomeInterest`	$57.00	USD	3 Qtrs
Gain (Loss) on Exchange of Investments	`GainLossOnInvestments`	$769.75K	USD	1 Quarter
Gain (Loss) on Exchange of Investments	`GainLossOnInvestments`	$769.75K	USD	3 Qtrs
Trading Securities, Unrealized Gain (Loss)	`MarketableSecuritiesUnrealizedGainLoss`	$-188.96K	USD	1 Quarter
Trading Securities, Unrealized Gain (Loss)	`MarketableSecuritiesUnrealizedGainLoss`	$-188.96K	USD	3 Qtrs
Trading Securities, Realized Gain (Loss)	`MarketableSecuritiesRealizedGainLoss`	$77.34K	USD	1 Quarter
Trading Securities, Realized Gain (Loss)	`MarketableSecuritiesRealizedGainLoss`	$77.34K	USD	3 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$536.00	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$536.00	USD	3 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-472.51K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.06M	USD	3 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$366.73K	USD	3 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$598.68K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-472.51K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$598.68K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$366.73K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-1.06M	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.01	USD	1 Quarter
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`	$-472.51K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$598.68K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$366.73K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-1.06M	USD	3 Qtrs
Reclassification adjustment for losses included in loss on exchange of investment	`ReclassificationAdjustmentForLossesIncludedInLossOnExchangeOfInvestment`	$304.73K	USD	1 Quarter
Reclassification adjustment for losses included in loss on exchange of investment	`ReclassificationAdjustmentForLossesIncludedInLossOnExchangeOfInvestment`	$319.08K	USD	3 Qtrs
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-897.00	USD	1 Quarter
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$88.20K	USD	1 Quarter
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-3.37K	USD	3 Qtrs
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$88.31K	USD	3 Qtrs
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-654.27K	USD	3 Qtrs
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$597.79K	USD	1 Quarter
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-79.58K	USD	1 Quarter
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$363.37K	USD	3 Qtrs

Cash Flow Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$366.73K	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-1.06M	USD	3 Qtrs
Depreciation	`Depreciation`	$65.70K	USD	3 Qtrs
Depreciation	`Depreciation`	$66.02K	USD	3 Qtrs
Depreciation	`Depreciation`	$22.01K	USD	1 Quarter
Depreciation	`Depreciation`	$21.88K	USD	1 Quarter
Amotization of Prepaid Advertising	`AmotizationOfPrepaidAdvertising`	$51.71K	USD	3 Qtrs
Gain (Loss) on Exchange of Investments	`GainLossOnExchangeOfInvestments`	$-769.75K	USD	3 Qtrs
Unrealized Gain (Loss) on Trading Securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$188.96K	USD	3 Qtrs
Realized Gain on Sale of Trading Seurities	`RealizedGainOnSaleOfTradingSeurities`	$-77.34K	USD	3 Qtrs
Increase (Decrease) in Receivables	`IncreaseDecreaseInReceivables`	$2.87M	USD	3 Qtrs
Increase (Decrease) in Interest Receivable on Convertible Debenture	`IncreaseDecreaseInInterestReceivableOnConvertibleDebenture`	$16.90K	USD	3 Qtrs
Increase (Decrease) in Deposits	`IncreaseDecreaseInDeposits`	$-21.28K	USD	3 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-115.06K	USD	3 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.57K	USD	3 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.82M	USD	3 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.14K	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-252.20K	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-971.79K	USD	3 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-541.00	USD	3 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-68.00	USD	3 Qtrs
Proceeds from Sale of Trading Securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$56.16K	USD	3 Qtrs
Payments to Acquire Trading Securities	`PaymentsToAcquireMarketableSecurities`	$-104.04K	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-48.42K	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.00	USD	3 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.24K	USD	3 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.63K	USD	3 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.02M	USD	3 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-256.51K	USD	3 Qtrs
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.52M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$196.97K	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`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.52M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$196.97K	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`	$1.22M	USD	Point-in-time
Prepaid advertising acquired by exchange of trading securities	`PrepaidAdvertisingAcquiredByExchangeOfTradingSecurities`	$2.00M	USD	3 Qtrs
Trading Securities acquired by exchange of long term investment	`TradingSecuritiesAcquiredByExchangeOfLongTermInvestment`	$2.45M	USD	3 Qtrs

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