10-Q Filing

LANDBAY INC CIK: 1672572 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001493152-22-022874`
Period End Date	20220630
Filing Date	20220815
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 20 Cash Flow Statement 32 Stockholders Equity 10

Balance Sheet 49 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
Cash	`Cash`	$26.48K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$26.14K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$9.12K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$35.26K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$26.48K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$35.26K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$26.48K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.00M	shares	Point-in-time
Other tax payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Other tax payable	`TaxesPayableCurrent`	$743.00	USD	Point-in-time
Accrued Expense	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued Expense	`AccruedLiabilitiesCurrent`	$5.53K	USD	Point-in-time
Shareholder loans	`DueToRelatedPartiesCurrent`	$81.10K	USD	Point-in-time
Shareholder loans	`DueToRelatedPartiesCurrent`	$81.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$81.84K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$86.63K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$86.63K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$81.84K	USD	Point-in-time
COMMITMETS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock: $0.001 par value, 20,000,000 shares authorized; no share issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.001 par value, 20,000,000 shares authorized; no share issued and outstanding	`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	`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	`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`	$-402.25K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-415.81K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-60.15K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-1.99K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-46.59K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-20.75K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$26.48K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$35.26K	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Revenue sales, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Revenue sales, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.35K	USD	1 Quarter
Gross profit	`GrossProfit`	$7.35K	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.91K	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`	$20.91K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.56K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-19.63K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$873.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	-	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$873.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.56K	USD	1 Quarter
Net loss per common share, basic and diluted	`EarningsPerShareBasic`	-	USD	1 Quarter
Net loss per common share, basic and diluted	`EarningsPerShareBasic`	-	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	30.00M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	30.00M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.56K	USD	1 Quarter
Depreciation expense	`Depreciation`	$984.00	USD	1 Quarter
Depreciation expense	`Depreciation`	-	USD	1 Quarter
Interest income	`InterestIncomeOther`	$873.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	-	USD	1 Quarter
Accrued expense	`IncreaseDecreaseInAccruedLiabilities`	-	USD	1 Quarter
Accrued expense	`IncreaseDecreaseInAccruedLiabilities`	$5.53K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.12K	USD	1 Quarter
Other tax payable	`IncreaseDecreaseInOthertaxPayable`	$-743.00	USD	1 Quarter
Other tax payable	`IncreaseDecreaseInOthertaxPayable`	-	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$335.00	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.64K	USD	1 Quarter
Proceeds from shareholder loan	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Proceeds from 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`	-	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.17K	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$335.00	USD	1 Quarter
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.14K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.63K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.46K	USD	Point-in-time
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.48K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.14K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.63K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.46K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.48K	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`	$743.00	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balances, March 31, 2021 (Restated)	`StockholdersEquity`	$-60.15K	USD	Point-in-time
Balances, March 31, 2021 (Restated)	`StockholdersEquity`	$-1.99K	USD	Point-in-time
Balances, March 31, 2021 (Restated)	`StockholdersEquity`	$-46.59K	USD	Point-in-time
Balances, March 31, 2021 (Restated)	`StockholdersEquity`	$-20.75K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.56K	USD	1 Quarter
Balances, June 30, 2021 (Restated)	`StockholdersEquity`	$-60.15K	USD	Point-in-time
Balances, June 30, 2021 (Restated)	`StockholdersEquity`	$-1.99K	USD	Point-in-time
Balances, June 30, 2021 (Restated)	`StockholdersEquity`	$-46.59K	USD	Point-in-time
Balances, June 30, 2021 (Restated)	`StockholdersEquity`	$-20.75K	USD	Point-in-time

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