10-Q Filing

ODYSIGHT.AI INC. CIK: 1577445 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001477932-17-003849`
Period End Date	20170630
Filing Date	20170811
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	inll-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 18 Cash Flow Statement 28

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
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.27K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.72K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.12K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
Total assets	`Assets`	$2.66K	USD	Point-in-time
Total assets	`Assets`	$3.72K	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`	$20.62K	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$5.72K	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$3.07K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$20.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$30.00K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$650.00	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.34K	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`	$-125.77K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-117.48K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-44.33K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-52.62K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.66K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.72K	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$6.47K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$10.61K	USD	1 Quarter
General & administrative	`GeneralAndAdministrativeExpense`	$1.07K	USD	1 Quarter
General & administrative	`GeneralAndAdministrativeExpense`	$982.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.68K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.45K	USD	1 Quarter
Other income	`OtherIncome`	$50.00K	USD	1 Quarter
Other income	`OtherIncome`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$599.00	USD	1 Quarter
Interest expense	`InterestExpense`	$842.00	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	$49.40K	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	$-842.00	USD	1 Quarter
NET INCOME / (LOSS)	`NetIncomeLoss`	$37.72K	USD	1 Quarter
NET INCOME / (LOSS)	`NetIncomeLoss`	$-8.29K	USD	1 Quarter
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	`EarningsPerShareBasicAndDiluted`	-	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

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$37.72K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-8.29K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-25.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.65K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-25.06K	USD	1 Quarter
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$7.48K	USD	1 Quarter
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$2.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.86K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.94K	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$10.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.06K	USD	1 Quarter
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.86K	USD	1 Quarter
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.27K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.72K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.12K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.27K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.72K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.12K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
Cash paid for: Interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for: Interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

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