10-Q Filing

LANDBAY INC CIK: 1672572 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001493152-21-027347`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 50 Cash Flow Statement 46 Stockholders Equity 18

Balance Sheet 42 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`	30.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	30.00M	shares	Point-in-time
Cash	`Cash`	$6.63K	USD	Point-in-time
Cash	`Cash`	$46.70K	USD	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
Inventory	`InventoryNet`	$11.36K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.00M	shares	Point-in-time
Inventory	`InventoryNet`	$10.66K	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetCurrent`	$50.86K	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$57.35K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$68.85K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$984.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
TOTAL ASSETS	`Assets`	$69.84K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$57.35K	USD	Point-in-time
Shareholder loans	`DueToRelatedPartiesCurrent`	$66.63K	USD	Point-in-time
Shareholder loans	`DueToRelatedPartiesCurrent`	$81.10K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$106.00	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$81.21K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$66.63K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$81.21K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$66.63K	USD	Point-in-time
Common stock ($0.001 par value, 30,000,000 shares authorized, 30,000,000 shares issued and outstanding as of September 30, 2021 and March 31, 2021)	`CommonStockValue`	$30.00K	USD	Point-in-time
Common stock ($0.001 par value, 30,000,000 shares authorized, 30,000,000 shares issued and outstanding as of September 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`	$-352.45K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-379.51K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$3.21K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$165.71K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$-23.85K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$177.54K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$204.88K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$-15.55K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$57.35K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$69.84K	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.08K	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.08K	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20K	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.78K	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$700.00	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.78K	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$700.00	USD	2 Qtrs
Gross Profit	`GrossProfit`	$1.30K	USD	1 Quarter
Gross Profit	`GrossProfit`	$500.00	USD	2 Qtrs
Gross Profit	`GrossProfit`	$500.00	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.30K	USD	2 Qtrs
General and Administrative expenses	`GeneralAndAdministrativeExpense`	$42.92K	USD	2 Qtrs
General and Administrative expenses	`GeneralAndAdministrativeExpense`	$29.10K	USD	2 Qtrs
General and Administrative expenses	`GeneralAndAdministrativeExpense`	$14.01K	USD	1 Quarter
General and Administrative expenses	`GeneralAndAdministrativeExpense`	$9.47K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$9.47K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$42.92K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$14.01K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$29.10K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-12.71K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-28.60K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-41.62K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-8.97K	USD	1 Quarter
Loss from commodity trading	`GainLossOnInvestments`	-	USD	1 Quarter
Loss from commodity trading	`GainLossOnInvestments`	-	USD	1 Quarter
Loss from commodity trading	`GainLossOnInvestments`	$-1.09K	USD	2 Qtrs
Loss from commodity trading	`GainLossOnInvestments`	-	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$3.53K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$882.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	$665.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	$1.54K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$882.00	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$1.54K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$665.00	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$2.44K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-27.06K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.18K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.35K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.83K	USD	1 Quarter
Loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Weighted average number of shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.00M	shares	2 Qtrs
Weighted average number of shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.00M	shares	1 Quarter
Weighted average number of shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.00M	shares	1 Quarter
Weighted average number of shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.00M	shares	2 Qtrs

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-27.06K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.18K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.35K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.83K	USD	1 Quarter
Depreciation expense	`Depreciation`	$984.00	USD	2 Qtrs
Depreciation expense	`Depreciation`	$5.10K	USD	2 Qtrs
Interest income	`InterestIncome`	$1.54K	USD	2 Qtrs
Interest income	`InterestIncome`	-	USD	2 Qtrs
Fair value change of short-term investments	`FairValueChangeOfShorttermInvestments`	$-221.00	USD	2 Qtrs
Fair value change of short-term investments	`FairValueChangeOfShorttermInvestments`	-	USD	2 Qtrs
Notes receivables	`IncreaseDecreaseInNotesReceivableCurrent`	$3.54K	USD	2 Qtrs
Notes receivables	`IncreaseDecreaseInNotesReceivableCurrent`	-	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-1.78K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-700.00	USD	2 Qtrs
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$3.50K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$106.00	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$317.00	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.81K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.79K	USD	2 Qtrs
Short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	2 Qtrs
Short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$1.27K	USD	2 Qtrs
Notes receivable	`ProceedsFromRepaymentsOfNotesReceivable`	$52.40K	USD	2 Qtrs
Notes receivable	`ProceedsFromRepaymentsOfNotesReceivable`	$20.00K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$52.40K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$21.27K	USD	2 Qtrs
Proceeds of loan from shareholder	`ProceedsFromRelatedPartyDebt`	$17.10K	USD	2 Qtrs
Proceeds of loan from shareholder	`ProceedsFromRelatedPartyDebt`	$14.47K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.10K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.47K	USD	2 Qtrs
Net increase (decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-420.00	USD	2 Qtrs
Net increase (decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$40.06K	USD	2 Qtrs
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.71K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$46.70K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$17.13K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.63K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.71K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$46.70K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$17.13K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.63K	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	2 Qtrs
Interest paid	`InterestPaidNet`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquity`	$3.21K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$165.71K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-23.85K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$177.54K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$204.88K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-15.55K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-27.06K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.18K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.35K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.83K	USD	1 Quarter
Balance, value	`StockholdersEquity`	$3.21K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$165.71K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-23.85K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$177.54K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$204.88K	USD	Point-in-time
Balance, value	`StockholdersEquity`	$-15.55K	USD	Point-in-time

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