10-Q Filing

LANDBAY INC CIK: 1672572 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001493152-22-002097`
Period End Date	20211231
Filing Date	20220124
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 55 Cash Flow Statement 44 Stockholders Equity 24

Balance Sheet 48 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, 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 authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$36.29K	USD	Point-in-time
Cash	`Cash`	$6.63K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$10.66K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$11.36K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	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`	$46.95K	USD	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, Outstanding	`CommonStockSharesOutstanding`	30.00M	shares	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`	$46.95K	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`	$66.63K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$81.10K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$66.63K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$81.10K	USD	Point-in-time
Preferred stock ($0.001 par value, 20,000,000 shares authorized; no share issued and outstanding as of December 31, 2021 and March 31, 2021)	`PreferredStockValue`	-	USD	Point-in-time
Class A common stock ($0.001 par value, 100,000,000 shares authorized, 30,000,000 shares issued and outstanding as of December 31, 2021 and March 31, 2021)	`CommonStockValue`	$30.00K	USD	Point-in-time
Class A common stock ($0.001 par value, 100,000,000 shares authorized, 30,000,000 shares issued and outstanding as of December 31, 2021 and March 31, 2021)	`CommonStockValue`	$30.00K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$325.66K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$325.66K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-352.45K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-389.81K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$165.71K	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`	$-23.85K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$177.54K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$152.52K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$204.88K	USD	Point-in-time
Total Stockholders Equity(Deficit)	`StockholdersEquity`	$-34.15K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$46.95K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$69.84K	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$785.00	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20K	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.87K	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.40K	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$620.00	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$700.00	USD	3 Qtrs
Gross Profit	`GrossProfit`	$1.46K	USD	3 Qtrs
Gross Profit	`GrossProfit`	$165.00	USD	1 Quarter
Gross Profit	`GrossProfit`	$500.00	USD	3 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
General and Administrative expenses	`GeneralAndAdministrativeExpense`	$10.30K	USD	1 Quarter
General and Administrative expenses	`GeneralAndAdministrativeExpense`	$14.25K	USD	1 Quarter
General and Administrative expenses	`GeneralAndAdministrativeExpense`	$57.17K	USD	3 Qtrs
General and Administrative expenses	`GeneralAndAdministrativeExpense`	$39.40K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$57.17K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$10.30K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$14.25K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$39.40K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-14.08K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-55.71K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-38.90K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-10.30K	USD	1 Quarter
Loss from commodity trading	`GainLossOnInvestments`	-	USD	3 Qtrs
Loss from commodity trading	`GainLossOnInvestments`	-	USD	1 Quarter
Loss from commodity trading	`GainLossOnInvestments`	$-1.09K	USD	3 Qtrs
Loss from commodity trading	`GainLossOnInvestments`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$14.00	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$5.00	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$14.00	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$5.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	$1.54K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$4.42K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$883.00	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$1.54K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$5.00	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$3.34K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$897.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.83K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.19K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-52.37K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-37.35K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-27.35K	USD	1 Quarter
Loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.00M	shares	3 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	3 Qtrs
Weighted average number of shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.00M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.83K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.19K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-52.37K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-37.35K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-27.35K	USD	1 Quarter
Depreciation expense	`Depreciation`	$7.65K	USD	3 Qtrs
Depreciation expense	`Depreciation`	$984.00	USD	3 Qtrs
Interest income	`IncreaseDecreaseInInterestIncome`	-	USD	3 Qtrs
Interest income	`IncreaseDecreaseInInterestIncome`	$-863.00	USD	3 Qtrs
Fair value change of short-term investments	`FairValueChangeOfShorttermInvestments`	$-221.00	USD	3 Qtrs
Fair value change of short-term investments	`FairValueChangeOfShorttermInvestments`	-	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-700.00	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-2.40K	USD	3 Qtrs
Other tax payable	`IncreaseDecreaseInOthertaxPayable`	-	USD	3 Qtrs
Other tax payable	`IncreaseDecreaseInOthertaxPayable`	$-1.84K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-43.93K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.81K	USD	3 Qtrs
Short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	3 Qtrs
Short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$1.27K	USD	3 Qtrs
Notes receivable	`ProceedsFromNotesReceivable`	$20.00K	USD	3 Qtrs
Notes receivable	`ProceedsFromNotesReceivable`	$50.00K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$21.27K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$50.00K	USD	3 Qtrs
Proceeds of loan from shareholder	`ProceedsFromRelatedPartyDebt`	$17.10K	USD	3 Qtrs
Proceeds of loan from shareholder	`ProceedsFromRelatedPartyDebt`	$14.47K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.10K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.47K	USD	3 Qtrs
Net increase (decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.56K	USD	3 Qtrs
Net increase (decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$29.66K	USD	3 Qtrs
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 beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$36.29K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.56K	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
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$36.29K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.56K	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	3 Qtrs
Interest paid	`InterestPaidNet`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquity`	$165.71K	USD	Point-in-time
Balances	`StockholdersEquity`	$3.21K	USD	Point-in-time
Balances	`StockholdersEquity`	$-15.55K	USD	Point-in-time
Balances	`StockholdersEquity`	$-23.85K	USD	Point-in-time
Balances	`StockholdersEquity`	$177.54K	USD	Point-in-time
Balances	`StockholdersEquity`	$152.52K	USD	Point-in-time
Balances	`StockholdersEquity`	$204.88K	USD	Point-in-time
Balances	`StockholdersEquity`	$-34.15K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.83K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.19K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-52.37K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-37.35K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-27.35K	USD	1 Quarter
Balances	`StockholdersEquity`	$165.71K	USD	Point-in-time
Balances	`StockholdersEquity`	$3.21K	USD	Point-in-time
Balances	`StockholdersEquity`	$-15.55K	USD	Point-in-time
Balances	`StockholdersEquity`	$-23.85K	USD	Point-in-time
Balances	`StockholdersEquity`	$177.54K	USD	Point-in-time
Balances	`StockholdersEquity`	$152.52K	USD	Point-in-time
Balances	`StockholdersEquity`	$204.88K	USD	Point-in-time
Balances	`StockholdersEquity`	$-34.15K	USD	Point-in-time

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