10-Q Filing

SCIENTIFIC ENERGY, INC CIK: 1276531 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001276531-14-000010`
Period End Date	20140930
Filing Date	20141106
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	scgy-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 49 Cash Flow Statement 25

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.03M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$108.82K	USD	Point-in-time
Prepaid Expense and Other Assets, Current	`PrepaidExpenseAndOtherAssetsCurrent`	$12.87K	USD	Point-in-time
Prepaid Expense and Other Assets, Current	`PrepaidExpenseAndOtherAssetsCurrent`	$7.09K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$1.32M	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$1.04M	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$3.64K	USD	Point-in-time
Deposits Assets, Noncurrent	`DepositsAssetsNoncurrent`	$22.08K	USD	Point-in-time
Deposits Assets, Noncurrent	`DepositsAssetsNoncurrent`	$12.70K	USD	Point-in-time
Assets	`Assets`	$1.05M	USD	Point-in-time
Assets	`Assets`	$1.34M	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$550.11K	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1,000.00K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$550.11K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$1,000.00K	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`	$-2.58K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.39K	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-5.89M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-6.62M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.23K	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$791.14K	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`	94.92M	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`	$1.34M	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.05M	USD	Point-in-time

Income Statement 49 line items

Line Item	Tag	Value	Unit	Period
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$231.73K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$1.21M	USD	3 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$392.41K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$729.54K	USD	3 Qtrs
Depreciation	`Depreciation`	$21.55K	USD	1 Quarter
Depreciation	`Depreciation`	$3.64K	USD	3 Qtrs
Depreciation	`Depreciation`	$65.09K	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$1.27M	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$733.18K	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$413.96K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$231.73K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-231.73K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-733.18K	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.27M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-413.96K	USD	1 Quarter
Interest Income, Net	`InterestIncomeExpenseNet`	$19.00	USD	1 Quarter
Interest Income, Net	`InterestIncomeExpenseNet`	$2.00	USD	1 Quarter
Interest Income, Net	`InterestIncomeExpenseNet`	$69.00	USD	3 Qtrs
Interest Income, Net	`InterestIncomeExpenseNet`	$5.00	USD	3 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-231.71K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.27M	USD	3 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-413.96K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-733.11K	USD	3 Qtrs
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-733.11K	USD	3 Qtrs
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.27M	USD	3 Qtrs
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-413.96K	USD	1 Quarter
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-231.71K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-733.11K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-413.96K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-1.27M	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-231.71K	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	3 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) Attributable to Parent	`NetIncomeLoss`	$-733.11K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-413.96K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-1.27M	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-231.71K	USD	1 Quarter
Exchange of Investment	`ExchangeOfInvestment`	$173.79K	USD	1 Quarter
Exchange of Investment	`ExchangeOfInvestment`	$-497.78K	USD	3 Qtrs
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.67K	USD	1 Quarter
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$312.00K	USD	3 Qtrs
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$183.47K	USD	1 Quarter
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-4.81K	USD	3 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-233.38K	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-1.44M	USD	3 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-737.92K	USD	3 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-56.70K	USD	1 Quarter

Cash Flow Statement 25 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-1.27M	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-733.11K	USD	3 Qtrs
Depreciation	`Depreciation1`	$65.09K	USD	3 Qtrs
Depreciation	`Depreciation1`	$3.64K	USD	3 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.57K	USD	3 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$35.64K	USD	3 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$449.90K	USD	3 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$974.94K	USD	3 Qtrs
Increase (Decrease) in Deferred Revenue	`IncreaseDecreaseInDeferredRevenue`	$103.13K	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-95.90K	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-276.00K	USD	3 Qtrs
Proceeds from (Repayments of) Related Party Debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-31.55K	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-31.55K	USD	3 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.79K	USD	3 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$178.06K	USD	3 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$50.62K	USD	3 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-280.79K	USD	3 Qtrs
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.03M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$108.82K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.03M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$108.82K	USD	Point-in-time

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