10-Q Filing

XFUELS, INC. CIK: 1518548 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001477932-14-007202`
Period End Date	20141031
Filing Date	20141222
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	amzz-20141031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 52 Cash Flow Statement 49

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
Common stock par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$80.85K	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Cash	`Cash`	$13.45K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$100.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$150.00K	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	215.00M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	215.00M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	215.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$180.85K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$163.45K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	215.00M	shares	Point-in-time
Computer equipment, net	`CapitalizedComputerSoftwareNet`	$2.00K	USD	Point-in-time
Computer equipment, net	`CapitalizedComputerSoftwareNet`	$2.00K	USD	Point-in-time
Total fixed assets	`AssetsNoncurrent`	$2.00K	USD	Point-in-time
Total fixed assets	`AssetsNoncurrent`	$2.00K	USD	Point-in-time
Total assets	`Assets`	$165.45K	USD	Point-in-time
Total assets	`Assets`	$182.85K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$14.24K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$3.44K	USD	Point-in-time
Accrued Interest payable	`AccruedLiabilitiesCurrent`	$30.63K	USD	Point-in-time
Accrued Interest payable	`AccruedLiabilitiesCurrent`	$68.02K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$34.06K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$82.26K	USD	Point-in-time
Convertible debentures, net of discount	`ConvertibleDebenturesNetOfDiscount`	$544.41K	USD	Point-in-time
Convertible debentures, net of discount	`ConvertibleDebenturesNetOfDiscount`	$396.98K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$544.41K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$396.98K	USD	Point-in-time
Total liabilities	`Liabilities`	$626.67K	USD	Point-in-time
Total liabilities	`Liabilities`	$431.04K	USD	Point-in-time
Common stock, $0.0001 par value, 1,500,000,000 authorized,215,000,000 shares issued and outstanding	`CommonStockValue`	$215.00K	USD	Point-in-time
Common stock, $0.0001 par value, 1,500,000,000 authorized,215,000,000 shares issued and outstanding	`CommonStockValue`	$215.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$-142.34K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$314.22K	USD	Point-in-time
Deficit accumulated during exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$338.24K	USD	Point-in-time
Deficit accumulated during exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$973.05K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-265.59K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-443.83K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$182.85K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$165.45K	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
Revenue	`Revenues`	-	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$67.32K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$52.98K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$122.79K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$46.12K	USD	1 Quarter
Loan fees	`LoanProcessingFee`	$284.05K	USD	2 Qtrs
Loan fees	`LoanProcessingFee`	$275.30K	USD	1 Quarter
Loan fees	`LoanProcessingFee`	-	USD	2 Qtrs
Loan fees	`LoanProcessingFee`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	-	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$25.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$50.00K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$17.75K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.02K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$33.12K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$1.02K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$54.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$489.96K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$385.37K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$47.14K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-47.14K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-489.96K	USD	2 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-54.00K	USD	2 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-385.37K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$575.00	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$144.84K	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$575.00	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$133.15K	USD	1 Quarter
Total other expenses	`OtherExpenses`	$575.00	USD	2 Qtrs
Total other expenses	`OtherExpenses`	$133.15K	USD	1 Quarter
Total other expenses	`OtherExpenses`	$144.84K	USD	2 Qtrs
Total other expenses	`OtherExpenses`	$575.00	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for taxes on income	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-518.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.72K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-54.58K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-634.80K	USD	2 Qtrs
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	616.00M	shares	1 Quarter
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	616.00M	shares	2 Qtrs
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	215.00M	shares	1 Quarter
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	215.00M	shares	2 Qtrs
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	2 Qtrs
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	2 Qtrs

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-518.56K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-47.72K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-54.58K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-634.80K	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	$-14.37K	USD	2 Qtrs
(Increase)/decrease in prepaids	`IncreaseDecreaseInPrepaidExpense`	$-200.00K	USD	2 Qtrs
(Increase)/decrease in prepaids	`IncreaseDecreaseInPrepaidExpense`	$50.00K	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.81K	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.78K	USD	2 Qtrs
Accrued Interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.60K	USD	2 Qtrs
Accrued Interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$51.77K	USD	2 Qtrs
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-588.37K	USD	2 Qtrs
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-228.20K	USD	2 Qtrs
Purchase of fixed assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	2 Qtrs
Purchase of fixed assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	2 Qtrs
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$456.56K	USD	2 Qtrs
Loans, related party	`RelatedPartyTransactionPurchasesFromRelatedParty`	$6.20K	USD	2 Qtrs
Loans, related party	`RelatedPartyTransactionPurchasesFromRelatedParty`	-	USD	2 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$300.00K	USD	2 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$147.43K	USD	2 Qtrs
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$147.43K	USD	2 Qtrs
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$306.20K	USD	2 Qtrs
Net cash flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$78.00K	USD	2 Qtrs
Net cash flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$147.43K	USD	2 Qtrs
Net increase in cash for the period	`CashPeriodIncreaseDecrease`	$67.39K	USD	2 Qtrs
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	$80.85K	USD	Point-in-time
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	$78.00K	USD	Point-in-time
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	$13.45K	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	$80.85K	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	$78.00K	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	$13.45K	USD	Point-in-time
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Stock issued to acquire assets	`StockIssuedToAcquireAssets`	-	USD	2 Qtrs
Stock issued to acquire assets	`StockIssuedToAcquireAssets`	-	USD	2 Qtrs
Shares issued to settle interest expense	`SharesIssuedToSettleInterestExpense`	-	USD	2 Qtrs
Shares issued to settle interest expense	`SharesIssuedToSettleInterestExpense`	-	USD	2 Qtrs
Shares issued to settle convertible notes	`SharesIssuedToSettleConvertibleNotes`	-	USD	2 Qtrs
Shares issued to settle convertible notes	`SharesIssuedToSettleConvertibleNotes`	-	USD	2 Qtrs
Interest expense accrued but not paid for in cash	`InterestExpenseAccruedButNotPaidForInCash`	-	USD	2 Qtrs
Interest expense accrued but not paid for in cash	`InterestExpenseAccruedButNotPaidForInCash`	-	USD	2 Qtrs

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