10-Q Filing

SCIENTIFIC ENERGY, INC CIK: 1276531 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001276531-18-000013`
Period End Date	20180930
Filing Date	20181113
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	scgy-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 41 Cash Flow Statement 29

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$102.97K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$113.05K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$54.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$163.81K	USD	Point-in-time
Prepaid Expense and other receivables, Current	`PrepaidExpenseAndOtherReceivablesCurrent`	$7.68K	USD	Point-in-time
Prepaid Expense and other receivables, Current	`PrepaidExpenseAndOtherReceivablesCurrent`	$10.09K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$113.06K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$61.88K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.40K	USD	Point-in-time
Deposits Assets, Noncurrent	`DepositsAssetsNoncurrent`	$19.76K	USD	Point-in-time
Deposits Assets, Noncurrent	`DepositsAssetsNoncurrent`	$14.19K	USD	Point-in-time
Assets, Noncurrent	`AssetsNoncurrent`	$14.19K	USD	Point-in-time
Assets, Noncurrent	`AssetsNoncurrent`	$21.16K	USD	Point-in-time
Assets	`Assets`	$76.07K	USD	Point-in-time
Assets	`Assets`	$134.22K	USD	Point-in-time
Accounts Payable, Current	`AccountsPayableCurrent`	$1.15M	USD	Point-in-time
Accounts Payable, Current	`AccountsPayableCurrent`	$1.15M	USD	Point-in-time
Notes Payable, Current	`NotesPayableCurrent`	$35.00K	USD	Point-in-time
Stock Subscription Payables, Current	`StockSubscriptionPayablesCurrent`	$242.85K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$1.15M	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$1.43M	USD	Point-in-time
Liabilities	`Liabilities`	$1.15M	USD	Point-in-time
Liabilities	`Liabilities`	$1.43M	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	$1.15M	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	$1.15M	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`	$-6.62K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.04K	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-7.95M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-8.17M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.30M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.08M	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`	114.92M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	114.92M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	114.92M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	114.92M	shares	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$1.15M	USD	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$1.15M	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$76.07K	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$134.22K	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$87.29K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$220.70K	USD	3 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$247.44K	USD	3 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$62.62K	USD	1 Quarter
Depreciation, Nonproduction	`DepreciationNonproduction`	$133.00	USD	1 Quarter
Depreciation, Nonproduction	`DepreciationNonproduction`	$199.00	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$247.44K	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$220.90K	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$62.62K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$87.42K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-220.90K	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-62.62K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-247.44K	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-87.42K	USD	1 Quarter
Interest (expense) Income	`InterestIncomeExpenseNet`	$-725.00	USD	3 Qtrs
Interest (expense) Income	`InterestIncomeExpenseNet`	$1.00	USD	3 Qtrs
Interest (expense) Income	`InterestIncomeExpenseNet`	$-435.00	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-62.62K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-87.86K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-221.63K	USD	3 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-247.44K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-247.44K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-221.63K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-87.86K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-62.62K	USD	1 Quarter
Net Income (Loss) Available to Common Stockholders, Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-62.62K	USD	1 Quarter
Net Income (Loss) Available to Common Stockholders, Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-247.44K	USD	3 Qtrs
Net Income (Loss) Available to Common Stockholders, Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-221.63K	USD	3 Qtrs
Net Income (Loss) Available to Common Stockholders, Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-87.86K	USD	1 Quarter
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.39K	USD	3 Qtrs
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-111.00	USD	1 Quarter
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$384.00	USD	1 Quarter
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-581.00	USD	3 Qtrs
Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossTax`	$-87.47K	USD	1 Quarter
Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossTax`	$-248.83K	USD	3 Qtrs
Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossTax`	$-222.21K	USD	3 Qtrs
Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossTax`	$-62.73K	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	114.92M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	103.27M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	114.92M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	114.92M	shares	1 Quarter

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-247.44K	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-221.63K	USD	3 Qtrs
Depreciation	`Depreciation`	$199.00	USD	3 Qtrs
Increase (Decrease) in Deposits	`IncreaseDecreaseInDeposits`	$-5.60K	USD	3 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.42K	USD	3 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-459.00	USD	3 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.60K	USD	3 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.51K	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-249.51K	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-226.95K	USD	3 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-1.59K	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.59K	USD	3 Qtrs
Proceeds from (Repayments of) Notes Payable	`ProceedsFromRepaymentsOfNotesPayable`	$35.00K	USD	3 Qtrs
Proceeds from Subscription Received	`ProceedsFromSubscriptionReceived`	$242.85K	USD	3 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$200.00K	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$200.00K	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$277.86K	USD	3 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.25K	USD	3 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-538.00	USD	3 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-50.76K	USD	3 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$48.77K	USD	3 Qtrs
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$102.97K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$113.05K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$54.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$163.81K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$102.97K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$113.05K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$54.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$163.81K	USD	Point-in-time

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