10-Q Filing

ODYSIGHT.AI INC. CIK: 1577445 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001477932-16-013388`
Period End Date	20160930
Filing Date	20161114
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	inll-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 36 Cash Flow Statement 30

Balance Sheet 34 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 and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.11K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.12K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.86K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.50K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Total assets	`Assets`	$8.12K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Total assets	`Assets`	$8.11K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$17.13K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$41.33K	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$130.00	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$1.86K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$20.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$20.00K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$3.08K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$66.27K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.26K	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 2,529,680 issued and outstanding, respectively	`CommonStockValue`	$2.53K	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 2,529,680 issued and outstanding, respectively	`CommonStockValue`	$2.53K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$70.62K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$70.62K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-131.30K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-102.30K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-58.15K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-29.15K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$8.12K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$8.11K	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$32.83K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$24.38K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$17.84K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$7.24K	USD	1 Quarter
General & administrative	`GeneralAndAdministrativeExpense`	$816.00	USD	1 Quarter
General & administrative	`GeneralAndAdministrativeExpense`	$1.19K	USD	1 Quarter
General & administrative	`GeneralAndAdministrativeExpense`	$2.41K	USD	2 Qtrs
General & administrative	`GeneralAndAdministrativeExpense`	$1.89K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$19.73K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$35.24K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$25.57K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.05K	USD	1 Quarter
Other income	`OtherIncome`	$50.00K	USD	2 Qtrs
Other income	`OtherIncome`	-	USD	1 Quarter
Other income	`OtherIncome`	-	USD	1 Quarter
Other income	`OtherIncome`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.28K	USD	2 Qtrs
Interest expense	`InterestExpense`	$677.00	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	$-677.00	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	$48.72K	USD	2 Qtrs
Total other income	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
NET INCOME / (LOSS)	`NetIncomeLoss`	$-8.73K	USD	1 Quarter
NET INCOME / (LOSS)	`NetIncomeLoss`	$-25.57K	USD	1 Quarter
NET INCOME / (LOSS)	`NetIncomeLoss`	$-35.24K	USD	2 Qtrs
NET INCOME / (LOSS)	`NetIncomeLoss`	$29.00K	USD	2 Qtrs
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	`EarningsPerShareBasicAndDiluted`	$0.01	USD	2 Qtrs
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.53M	shares	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.53M	shares	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.53M	shares	2 Qtrs
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.53M	shares	2 Qtrs

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-8.73K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-25.57K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-35.24K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$29.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-24.20K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$20.88K	USD	2 Qtrs
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$5.00K	USD	2 Qtrs
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-1.73K	USD	2 Qtrs
Due to related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	-	USD	2 Qtrs
Due to related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-3.08K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.37K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.00	USD	2 Qtrs
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.00	USD	2 Qtrs
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.37K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.11K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.12K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$11.86K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.50K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.11K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.12K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$11.86K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.50K	USD	Point-in-time
Cash paid for: Interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for: Interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs

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