10-Q/A Filing

XFUELS, INC. CIK: 1518548 Q1 2016

Filing Information

Form Type	10-Q/A
Accession Number	`0001477932-16-011646`
Period End Date	20150731
Filing Date	20160805
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	xfuel-20150731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 22 Cash Flow Statement 41

Balance Sheet 38 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`	$27.88K	USD	Point-in-time
Cash	`Cash`	$19.87K	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
Common stock shares issued	`CommonStockSharesIssued`	215.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	215.00M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	215.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$27.88K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.87K	USD	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`	$29.88K	USD	Point-in-time
Total assets	`Assets`	$21.87K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$17.19K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$17.19K	USD	Point-in-time
Accrued Interest payable	`AccruedLiabilitiesCurrent`	$152.10K	USD	Point-in-time
Accrued Interest payable	`AccruedLiabilitiesCurrent`	$150.28K	USD	Point-in-time
Convertible debentures net of discount	`ConvertibleDebenturesNetOfDiscountCurrent`	$549.75K	USD	Point-in-time
Convertible debentures net of discount	`ConvertibleDebenturesNetOfDiscountCurrent`	$508.14K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$716.04K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$675.62K	USD	Point-in-time
Common stock, $0.0001 par value, 1,500,000,000 authorized, 215,000,000 shares issued and outstanding	`CommonStockValue`	$156.16K	USD	Point-in-time
Common stock, $0.0001 par value, 1,500,000,000 authorized, 215,000,000 shares issued and outstanding	`CommonStockValue`	$63.25K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$714.16K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$714.67K	USD	Point-in-time
Deficit accumulated during exploration stage	`RetainedEarningsAccumulatedDeficit`	$-1.47M	USD	Point-in-time
Deficit accumulated during exploration stage	`RetainedEarningsAccumulatedDeficit`	$-1.52M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-689.16K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-653.74K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$29.88K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$21.87K	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$25.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$18.50K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$58.01K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$41.16K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$84.67K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$58.01K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-58.01K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-84.67K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$34.71K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	-	USD	1 Quarter
Total other expenses	`OtherExpenses`	$34.71K	USD	1 Quarter
Total other expenses	`OtherExpenses`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-58.01K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-119.38K	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
BASIC AND DILUTED LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	16.21M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfSharesOutstandingBasic`	215.00M	shares	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-58.01K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-119.38K	USD	1 Quarter
Unamortized note discount	`UnamortizedNoteDiscount`	$6.52K	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$25.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Refundable deposits	`IncreaseDecreaseInDemandDeposits`	-	USD	1 Quarter
Refundable deposits	`IncreaseDecreaseInDemandDeposits`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Accounts payable and accrued interest	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.82K	USD	1 Quarter
Accounts payable and accrued interest	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$27.62K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-59.83K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-60.24K	USD	1 Quarter
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$106.25K	USD	1 Quarter
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$51.82K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$106.25K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$51.82K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$46.01K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-8.01K	USD	1 Quarter
CASH AT BEGINNING OF PERIOD	`CashEquivalentsAtCarryingValue`	$19.87K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashEquivalentsAtCarryingValue`	$13.45K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashEquivalentsAtCarryingValue`	$59.47K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashEquivalentsAtCarryingValue`	$27.88K	USD	Point-in-time
CASH AT END OF PERIOD	`CashEquivalentsAtCarryingValue`	$19.87K	USD	Point-in-time
CASH AT END OF PERIOD	`CashEquivalentsAtCarryingValue`	$13.45K	USD	Point-in-time
CASH AT END OF PERIOD	`CashEquivalentsAtCarryingValue`	$59.47K	USD	Point-in-time
CASH AT END OF PERIOD	`CashEquivalentsAtCarryingValue`	$27.88K	USD	Point-in-time
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Common stock issued for subsidiary	`CommonStockIssuedForSubsidiary`	-	USD	1 Quarter
Common stock issued for subsidiary	`CommonStockIssuedForSubsidiary`	-	USD	1 Quarter
Cancellation of common stock	`CancellationOfCommonStock`	-	USD	1 Quarter
Cancellation of common stock	`CancellationOfCommonStock`	-	USD	1 Quarter

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