10-K Filing

HYPHA LABS, INC. CIK: 1502966 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001308411-13-000317`
Period End Date	20130930
Filing Date	20131230
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	digp-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 22 Cash Flow Statement 45 Stockholders Equity 22

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$195.57K	USD	Point-in-time
Preferred Stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$35.36K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$170.56K	USD	Point-in-time
Preferred Stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common Stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$43.60K	USD	Point-in-time
Common Stock, Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$77.41K	USD	Point-in-time
Common Stock, Issued	`CommonStockSharesIssued`	5.52M	shares	Point-in-time
Inventory	`InventoryNet`	$158.96K	USD	Point-in-time
Common Stock, Issued	`CommonStockSharesIssued`	5.54M	shares	Point-in-time
Inventory	`InventoryNet`	$49.34K	USD	Point-in-time
Prepaid	`PrepaidExpenseAndOtherAssets`	-	USD	Point-in-time
Prepaid	`PrepaidExpenseAndOtherAssets`	$15.70K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$322.32K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$253.62K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$1.71K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$28.93K	USD	Point-in-time
Total Assets	`Assets`	$255.34K	USD	Point-in-time
Total Assets	`Assets`	$351.25K	USD	Point-in-time
Accrued payable	`AccountsPayableCurrent`	$75.66K	USD	Point-in-time
Accrued payable	`AccountsPayableCurrent`	$55.80K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$168.80K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$228.95K	USD	Point-in-time
Loan from related party	`DueToRelatedPartiesCurrent`	$326.78K	USD	Point-in-time
Loan from related party	`DueToRelatedPartiesCurrent`	$294.05K	USD	Point-in-time
Due to related party	`AccountsPayableRelatedPartiesCurrent`	$45.95K	USD	Point-in-time
Due to related party	`AccountsPayableRelatedPartiesCurrent`	$223.46K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$802.26K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$617.20K	USD	Point-in-time
Preferred stock, $.001 par value, 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value, 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value, 50,000,000 shares authorized, 5,536,400 and 5,516,400 shares issued and outstanding at September 30, 2013 and 2012	`CommonStockValue`	$5.54K	USD	Point-in-time
Common stock, $.001 par value, 50,000,000 shares authorized, 5,536,400 and 5,516,400 shares issued and outstanding at September 30, 2013 and 2012	`CommonStockValue`	$5.52K	USD	Point-in-time
Note receivable for stock purchase	`NotesReceivableRelatedParties`	$250.00K	USD	Point-in-time
Note receivable for stock purchase	`NotesReceivableRelatedParties`	$250.00K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$331.77K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$380.43K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-682.89K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-353.24K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-265.95K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-546.92K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$20.13K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$255.34K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$351.25K	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`SalesRevenueNet`	$391.70K	USD	Annual
REVENUES	`SalesRevenueNet`	$567.19K	USD	Annual
COST OF SALES	`CostOfGoodsAndServicesSold`	$222.22K	USD	Annual
COST OF SALES	`CostOfGoodsAndServicesSold`	$303.95K	USD	Annual
GROSS PROFIT	`GrossProfit`	$169.48K	USD	Annual
GROSS PROFIT	`GrossProfit`	$263.24K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$479.15K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$574.82K	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-311.58K	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-309.67K	USD	Annual
Other Income (Expense)	`InterestExpense`	$18.06K	USD	Annual
Other Income (Expense)	`InterestExpense`	$16.02K	USD	Annual
NET INCOME/(LOSS) BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-325.69K	USD	Annual
NET INCOME/(LOSS) BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-329.65K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET INCOME/(LOSS)	`ProfitLoss`	$-325.69K	USD	Annual
NET INCOME/(LOSS)	`ProfitLoss`	$-329.65K	USD	Annual
NET LOSS PER SHARE OF COMMON STOCK Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	Annual
NET LOSS PER SHARE OF COMMON STOCK Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	Annual
WEIGHTED AVERAGE SHARES OUTSTANDING Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	5.47M	shares	Annual
WEIGHTED AVERAGE SHARES OUTSTANDING Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	5.53M	shares	Annual

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-325.69K	USD	Annual
Net loss	`ProfitLoss`	$-329.65K	USD	Annual
Depreciation	`Depreciation`	$27.21K	USD	Annual
Depreciation	`Depreciation`	$33.11K	USD	Annual
Stock issued for services	`ShareBasedCompensation`	$9.62K	USD	Annual
Stock issued for services	`ShareBasedCompensation`	$48.67K	USD	Annual
Stock issued for services	`ShareBasedCompensation`	$615.00	USD	1 Quarter
Loss on write off of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Loss on write off of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$42.37K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-46.34K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$33.82K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-49.34K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-109.62K	USD	Annual
Prepaid	`IncreaseDecreaseInPrepaidExpense`	-	USD	Annual
Prepaid	`IncreaseDecreaseInPrepaidExpense`	$-15.70K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-19.87K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$44.98K	USD	Annual
Due to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$42.45K	USD	Annual
Due to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$177.51K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$60.15K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$168.80K	USD	Annual
Accrued interest payable, related parties	`IncreaseDecreaseInInterestPayableNet`	$16.35K	USD	Annual
Accrued interest payable, related parties	`IncreaseDecreaseInInterestPayableNet`	$24.05K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-63.68K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-103.42K	USD	Annual
Capital equipment purchases	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	Annual
Capital equipment purchases	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$41.31K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.31K	USD	Annual
Issuance of common stock for cash	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Issuance of common stock for cash	`ProceedsFromIssuanceOfCommonStock`	$30.00K	USD	Annual
Proceeds/repayment of revolving note due to related party	`RepaymentsOfNotesPayable`	$-100.00K	USD	Annual
Proceeds/repayment of revolving note due to related party	`RepaymentsOfNotesPayable`	$56.78K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$130.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-56.78K	USD	Annual
Net change in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$25.01K	USD	Annual
Net change in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-160.21K	USD	Annual
Cash and equivalents - beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$195.57K	USD	Point-in-time
Cash and equivalents - beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$35.36K	USD	Point-in-time
Cash and equivalents - beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$170.56K	USD	Point-in-time
Cash and equivalents - ending balance	`CashAndCashEquivalentsAtCarryingValue`	$195.57K	USD	Point-in-time
Cash and equivalents - ending balance	`CashAndCashEquivalentsAtCarryingValue`	$35.36K	USD	Point-in-time
Cash and equivalents - ending balance	`CashAndCashEquivalentsAtCarryingValue`	$170.56K	USD	Point-in-time
Note receivable for stock purchase	`IncreaseDecreaseInNotesReceivables`	$250.00K	USD	Annual
Note receivable for stock purchase	`IncreaseDecreaseInNotesReceivables`	-	USD	Annual

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Begining balance	`StockholdersEquity`	$-265.95K	USD	Point-in-time
Begining balance	`StockholdersEquity`	$-546.92K	USD	Point-in-time
Begining balance	`StockholdersEquity`	$20.13K	USD	Point-in-time
Cancelation of shares	`CancelationOfShares`	-	USD	Annual
Issuance of shares for debt	`IssuanceOfSharesForDebt`	-	USD	Annual
Shares issued for services	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.62K	USD	Annual
Shares issued for services	`StockIssuedDuringPeriodValueShareBasedCompensation`	$19.80K	USD	Annual
Shares issued for services, shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	130,000.00	shares	1 Quarter
Shares issued for services, shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	6,150.00	shares	1 Quarter
Shares issued for services, shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	5.00M	shares	1 Quarter
Shares issued for services, shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	10,000.00	shares	1 Quarter
Shares issued for services, shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	53,500.00	shares	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$30.00K	USD	Annual
Issuance of common stock, shares	`StockIssuedDuringPeriodSharesNewIssues`	286,750.00	shares	1 Quarter
Issuance of common stock, shares	`StockIssuedDuringPeriodSharesNewIssues`	2.50M	shares	1 Quarter
Issuance of common stock, shares	`StockIssuedDuringPeriodSharesNewIssues`	40,000.00	shares	1 Quarter
Options issued for services	`OptionsIssuedForServices`	$28.88K	USD	Annual
Net loss	`NetIncomeLoss`	$-325.69K	USD	Annual
Net loss	`NetIncomeLoss`	$-329.65K	USD	Annual
Ending balance	`StockholdersEquity`	$-265.95K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-546.92K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$20.13K	USD	Point-in-time

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