10-Q Filing

LANDBAY INC CIK: 1672572 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001493152-21-018679`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 16 Cash Flow Statement 29 Stockholders Equity 10

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$2.46K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$6.63K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$11.36K	USD	Point-in-time
Inventory	`InventoryNet`	$11.36K	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetCurrent`	$51.74K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetCurrent`	$50.86K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$65.55K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$68.85K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$984.00	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
TOTAL ASSETS	`Assets`	$69.84K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$65.55K	USD	Point-in-time
Shareholder loans	`DueToRelatedPartiesCurrent`	$66.63K	USD	Point-in-time
Shareholder loans	`DueToRelatedPartiesCurrent`	$81.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$81.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$66.63K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$66.63K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$81.10K	USD	Point-in-time
Common stock ($0.001 par value, 100,000,000 shares authorized, 30,000,000 shares issued and outstanding as of June 30, 2021 and March 31, 2021)	`CommonStockValue`	$30.00K	USD	Point-in-time
Common stock ($0.001 par value, 100,000,000 shares authorized, 30,000,000 shares issued and outstanding as of June 30, 2021 and March 31, 2021)	`CommonStockValue`	$30.00K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapitalCommonStock`	$325.66K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapitalCommonStock`	$325.66K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-371.21K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-352.45K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$3.21K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$-15.55K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$179.92K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquity`	$204.88K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$69.84K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$65.55K	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$28.88K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$19.63K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$19.63K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$28.88K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$1.27K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Interest & Dividends	`InterestAndDividendIncomeOperating`	$2.65K	USD	1 Quarter
Interest & Dividends	`InterestAndDividendIncomeOperating`	$873.00	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$3.92K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$873.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.96K	USD	1 Quarter
Net loss per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.00M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.00M	shares	1 Quarter

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.96K	USD	1 Quarter
Depreciation expense	`Depreciation`	$984.00	USD	1 Quarter
Depreciation expense	`Depreciation`	$2.55K	USD	1 Quarter
Interest income	`IncreaseDecreaseInInterestIncome`	$873.00	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.64K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.41K	USD	1 Quarter
Notes receivable	`ProceedsFromRepaymentsOfNotesReceivable`	$-17.35K	USD	1 Quarter
Notes receivable	`ProceedsFromRepaymentsOfNotesReceivable`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$17.35K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Shareholder loan	`ProceedsFromRelatedPartyDebt`	$17.10K	USD	1 Quarter
Shareholder loan	`ProceedsFromRelatedPartyDebt`	$14.47K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.47K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.10K	USD	1 Quarter
Net (decrease) increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.04K	USD	1 Quarter
Net (decrease) increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.17K	USD	1 Quarter
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.46K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.63K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$17.13K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.16K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.46K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.63K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$17.13K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.16K	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	1 Quarter
Interest paid	`InterestPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning, balance	`StockholdersEquity`	$3.21K	USD	Point-in-time
Beginning, balance	`StockholdersEquity`	$-15.55K	USD	Point-in-time
Beginning, balance	`StockholdersEquity`	$179.92K	USD	Point-in-time
Beginning, balance	`StockholdersEquity`	$204.88K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.96K	USD	1 Quarter
Ending, balance	`StockholdersEquity`	$3.21K	USD	Point-in-time
Ending, balance	`StockholdersEquity`	$-15.55K	USD	Point-in-time
Ending, balance	`StockholdersEquity`	$179.92K	USD	Point-in-time
Ending, balance	`StockholdersEquity`	$204.88K	USD	Point-in-time

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