10-Q Filing

XFUELS, INC. CIK: 1518548 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001477932-15-001876`
Period End Date	20150131
Filing Date	20150323
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	amzz-20150131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 56 Cash Flow Statement 49

Balance Sheet 44 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
Common stock shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Cash	`Cash`	$13.45K	USD	Point-in-time
Cash	`Cash`	$100.90K	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	215.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$150.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	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`	$163.45K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$100.90K	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`	$102.90K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$3.44K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$10.29K	USD	Point-in-time
Accrued Interest payable	`AccruedLiabilitiesCurrent`	$118.27K	USD	Point-in-time
Accrued Interest payable	`AccruedLiabilitiesCurrent`	$30.63K	USD	Point-in-time
Convertible debentures net of discount	`ConvertibleDebenturesNetOfDiscountCurrent`	-	USD	Point-in-time
Convertible debentures net of discount	`ConvertibleDebenturesNetOfDiscountCurrent`	$575.68K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$704.23K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$34.06K	USD	Point-in-time
Convertible debentures, net of discount	`ConvertibleDebenturesNetOfDiscount`	$63.95K	USD	Point-in-time
Convertible debentures, net of discount	`ConvertibleDebenturesNetOfDiscount`	$396.98K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$396.98K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$63.95K	USD	Point-in-time
Total liabilities	`Liabilities`	$431.04K	USD	Point-in-time
Total liabilities	`Liabilities`	$768.17K	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`	$314.22K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$-142.34K	USD	Point-in-time
Deficit accumulated during exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$1.19M	USD	Point-in-time
Deficit accumulated during exploration stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$338.24K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-265.59K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-665.27K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$102.90K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$165.45K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	3 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$59.79K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$182.58K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$56.33K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$103.35K	USD	3 Qtrs
Loan fees	`LoanProcessingFee`	-	USD	3 Qtrs
Loan fees	`LoanProcessingFee`	-	USD	1 Quarter
Loan fees	`LoanProcessingFee`	$284.05K	USD	3 Qtrs
Loan fees	`LoanProcessingFee`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$25.00K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$50.00K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$25.00K	USD	1 Quarter
Amortization expense	`AmortizationExpense`	$14.23K	USD	1 Quarter
Amortization expense	`AmortizationExpense`	-	USD	1 Quarter
Amortization expense	`AmortizationExpense`	-	USD	3 Qtrs
Amortization expense	`AmortizationExpense`	$15.25K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$16.20K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$13.73K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$11.98K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$49.32K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$107.53K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$157.33K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$75.99K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$565.95K	USD	3 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-157.33K	USD	3 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-75.99K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-107.53K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-565.95K	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$145.46K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$290.30K	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$8.54K	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$7.97K	USD	1 Quarter
Total other expenses	`OtherExpenses`	$7.97K	USD	1 Quarter
Total other expenses	`OtherExpenses`	$8.54K	USD	3 Qtrs
Total other expenses	`OtherExpenses`	$290.30K	USD	3 Qtrs
Total other expenses	`OtherExpenses`	$145.46K	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	3 Qtrs
Provision for taxes on income	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-165.88K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-221.44K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-856.25K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-115.50K	USD	1 Quarter
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	616.00M	shares	1 Quarter
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	215.00M	shares	3 Qtrs
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	616.00M	shares	3 Qtrs
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	215.00M	shares	1 Quarter
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	3 Qtrs
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	3 Qtrs
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
Net loss per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-165.88K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-221.44K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-856.25K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-115.50K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	3 Qtrs
(Increase)/decrease in prepaids	`IncreaseDecreaseInPrepaidExpense`	$150.00K	USD	3 Qtrs
(Increase)/decrease in prepaids	`IncreaseDecreaseInPrepaidExpense`	$-175.00K	USD	3 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	3 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.85K	USD	3 Qtrs
Accrued Interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$23.79K	USD	3 Qtrs
Accrued Interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$87.64K	USD	3 Qtrs
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-611.76K	USD	3 Qtrs
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-317.08K	USD	3 Qtrs
Purchase of fixed assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	3 Qtrs
Purchase of fixed assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	3 Qtrs
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$456.56K	USD	3 Qtrs
Loans, related party	`RelatedPartyTransactionPurchasesFromRelatedParty`	-	USD	3 Qtrs
Loans, related party	`RelatedPartyTransactionPurchasesFromRelatedParty`	$2.20K	USD	3 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$325.00K	USD	3 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$242.64K	USD	3 Qtrs
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$699.21K	USD	3 Qtrs
Net cash flows from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$327.20K	USD	3 Qtrs
Net cash flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.12K	USD	3 Qtrs
Net cash flows	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$699.21K	USD	3 Qtrs
Net increase in cash for the period	`CashPeriodIncreaseDecrease`	$87.45K	USD	3 Qtrs
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	$13.45K	USD	Point-in-time
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	$10.12K	USD	Point-in-time
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and equivalents at beginning of period	`CashEquivalentsAtCarryingValue`	$100.90K	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	$13.45K	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	$10.12K	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and equivalents at end of period	`CashEquivalentsAtCarryingValue`	$100.90K	USD	Point-in-time
Interest	`InterestPaid`	-	USD	3 Qtrs
Interest	`InterestPaid`	-	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Stock issued to acquire assets	`StockIssuedToAcquireAssets`	-	USD	3 Qtrs
Stock issued to acquire assets	`StockIssuedToAcquireAssets`	-	USD	3 Qtrs
Shares issued to settle interest expense	`SharesIssuedToSettleInterestExpense`	-	USD	3 Qtrs
Shares issued to settle interest expense	`SharesIssuedToSettleInterestExpense`	-	USD	3 Qtrs
Shares issued to settle convertible notes	`SharesIssuedToSettleConvertibleNotes`	-	USD	3 Qtrs
Shares issued to settle convertible notes	`SharesIssuedToSettleConvertibleNotes`	-	USD	3 Qtrs
Interest expense accrued but not paid for in cash	`InterestExpenseAccruedButNotPaidForInCash`	-	USD	3 Qtrs
Interest expense accrued but not paid for in cash	`InterestExpenseAccruedButNotPaidForInCash`	-	USD	3 Qtrs

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