10-Q Filing

1847 HOLDINGS LLC CIK: 1599407 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001477932-14-003267`
Period End Date	20140331
Filing Date	20140623
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	one847holdings-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 25 Cash Flow Statement 51

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Allocation shares, issued	`AllocationSharesIssued`	1,000.00	shares	Point-in-time
Allocation shares, issued	`AllocationSharesIssued`	1,000.00	shares	Point-in-time
Allocation shares, outstanding	`AllocationSharesOutstanding`	1,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$25.00K	USD	Point-in-time
Allocation shares, outstanding	`AllocationSharesOutstanding`	1,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$12.50K	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid financing costs	`PrepaidExpenseAndOtherAssets`	$15.00K	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid financing costs	`PrepaidExpenseAndOtherAssets`	$15.00K	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	1.02M	shares	Point-in-time
Other assets	`OtherAssetsCurrent`	$369.00	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$369.00	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	1.02M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	1.02M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	1.02M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$40.37K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$27.87K	USD	Point-in-time
INVESTMENTS	`Investments`	$6.00	USD	Point-in-time
INVESTMENTS	`Investments`	$6.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$27.88K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$40.38K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.47K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$37.99K	USD	Point-in-time
Advances, related party	`AccountsPayableRelatedPartiesCurrent`	$15.07K	USD	Point-in-time
Advances, related party	`AccountsPayableRelatedPartiesCurrent`	$15.44K	USD	Point-in-time
TOTAL LIABILITIES	`LiabilitiesCurrent`	$38.54K	USD	Point-in-time
TOTAL LIABILITIES	`LiabilitiesCurrent`	$53.44K	USD	Point-in-time
Allocation shares, 1,000 shares issued and outstanding	`AllocationSharesIssuedAndOutstandingValue`	$1.00K	USD	Point-in-time
Allocation shares, 1,000 shares issued and outstanding	`AllocationSharesIssuedAndOutstandingValue`	$1.00K	USD	Point-in-time
Common Shares: 50,000,000 shares authorized, 1,025,000 shares issued and outstanding as of March 31, 2014 and December 31, 2013, respectively	`CommonStockValue`	$15.01K	USD	Point-in-time
Common Shares: 50,000,000 shares authorized, 1,025,000 shares issued and outstanding as of March 31, 2014 and December 31, 2013, respectively	`CommonStockValue`	$15.01K	USD	Point-in-time
Deficit accumulated during development stage	`RetainedEarningsAccumulatedDeficit`	$-29.07K	USD	Point-in-time
Deficit accumulated during development stage	`RetainedEarningsAccumulatedDeficit`	$-26.67K	USD	Point-in-time
TOTAL SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-13.06K	USD	Point-in-time
TOTAL SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-10.67K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$27.88K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$40.38K	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$43.75K	USD	1 Quarter
REVENUES	`Revenues`	$87.50K	USD	5 Qtrs
REVENUES	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$246.00	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$89.08K	USD	5 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$44.12K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$27.49K	USD	5 Qtrs
Professional fees	`ProfessionalFees`	$7.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$2.02K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$7.25K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$46.14K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$116.57K	USD	5 Qtrs
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-7.25K	USD	1 Quarter
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.39K	USD	1 Quarter
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-29.07K	USD	5 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	5 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-7.25K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-29.07K	USD	5 Qtrs
NET LOSS	`NetIncomeLoss`	$-2.39K	USD	1 Quarter
Net Loss Per Share: Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net Loss Per Share: Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted-average number of common shares outstanding: Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.02M	shares	1 Quarter
Weighted-average number of common shares outstanding: Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	-	shares	1 Quarter

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-7.25K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.07K	USD	5 Qtrs
Net loss	`NetIncomeLoss`	$-2.39K	USD	1 Quarter
Increase accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$25.00K	USD	5 Qtrs
Increase accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.50K	USD	1 Quarter
Increase accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherCurrentAssets`	$369.00	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherCurrentAssets`	$369.00	USD	5 Qtrs
Increase (decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$6.00K	USD	1 Quarter
Increase (decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$37.99K	USD	5 Qtrs
Increase (decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$14.53K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-369.00	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-16.44K	USD	5 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.61K	USD	1 Quarter
Investments	`PaymentsForProceedsFromInvestments`	-	USD	1 Quarter
Investments	`PaymentsForProceedsFromInvestments`	-	USD	5 Qtrs
Investments	`PaymentsForProceedsFromInvestments`	-	USD	1 Quarter
Net cash (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	5 Qtrs
Net cash (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from allocation shares	`ProceedsFromAllocationShares`	$1.00K	USD	1 Quarter
Proceeds from allocation shares	`ProceedsFromAllocationShares`	-	USD	1 Quarter
Proceeds from allocation shares	`ProceedsFromAllocationShares`	$1.00K	USD	5 Qtrs
Loans from director	`PaymentsForLoans`	$-369.00	USD	1 Quarter
Loans from director	`PaymentsForLoans`	$-615.00	USD	1 Quarter
Loans from director	`PaymentsForLoans`	$-15.44K	USD	5 Qtrs
Net cash (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$16.44K	USD	5 Qtrs
Net cash (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.61K	USD	1 Quarter
Net cash (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$369.00	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	5 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	5 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	5 Qtrs
Acquisition of investments in exchange for common shares	`AcquisitionOfInvestmentsInExchangeForCommonShares`	$6.00	USD	5 Qtrs
Acquisition of investments in exchange for common shares	`AcquisitionOfInvestmentsInExchangeForCommonShares`	-	USD	1 Quarter
Share based compensation - prepaid financing costs	`ShareBasedCompensationPrepaidFinancingCosts`	-	USD	1 Quarter
Share based compensation - prepaid financing costs	`ShareBasedCompensationPrepaidFinancingCosts`	$15.00K	USD	5 Qtrs

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