10-K Filing

ODYSIGHT.AI INC. CIK: 1577445 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001477932-17-003077`
Period End Date	20170331
Filing Date	20170629
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	inll-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 18 Cash Flow Statement 28 Stockholders Equity 8

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`	$2.66K	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`	$8.12K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Total assets	`Assets`	$2.66K	USD	Point-in-time
Total assets	`Assets`	$8.12K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.53M	shares	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`	$23.27K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$41.33K	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$3.07K	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`	$650.00	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$66.27K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.99K	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`	$-117.48K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-131.30K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-58.15K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$6.16K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-44.33K	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.66K	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$8.12K	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$29.07K	USD	Annual
Professional fees	`ProfessionalFees`	$58.76K	USD	Annual
General & administrative	`GeneralAndAdministrativeExpense`	$5.29K	USD	Annual
General & administrative	`GeneralAndAdministrativeExpense`	$4.33K	USD	Annual
Total operating expenses	`OperatingExpenses`	$33.41K	USD	Annual
Total operating expenses	`OperatingExpenses`	$64.05K	USD	Annual
Other income	`OtherIncome`	-	USD	Annual
Other income	`OtherIncome`	$50.00K	USD	Annual
Interest expense	`InterestExpense`	$2.77K	USD	Annual
Interest expense	`InterestExpense`	$261.00	USD	Annual
Total other expense	`OtherNonoperatingIncomeExpense`	$-261.00	USD	Annual
Total other expense	`OtherNonoperatingIncomeExpense`	$47.23K	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$13.82K	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-64.31K	USD	Annual
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	`EarningsPerShareBasicAndDiluted`	$0.01	USD	Annual
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	Annual
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.53M	shares	Annual
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.53M	shares	Annual

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$13.82K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-64.31K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.71K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-18.05K	USD	Annual
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$1.21K	USD	Annual
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$1.86K	USD	Annual
Due to related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	-	USD	Annual
Due to related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-2.44K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.46K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.74K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$20.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.74K	USD	Annual
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.46K	USD	Annual
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$11.86K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.12K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$11.86K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.12K	USD	Point-in-time
Cash paid for: Interest	`InterestPaid`	-	USD	Annual
Cash paid for: Interest	`InterestPaid`	-	USD	Annual
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Due to related party	`DueToRelatedParty`	$3.08K	USD	Annual
Due to related party	`DueToRelatedParty`	$650.00	USD	Annual

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-58.15K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$6.16K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-44.33K	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$13.82K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-64.31K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$-58.15K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$6.16K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-44.33K	USD	Point-in-time

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