10-Q Filing

LANDBAY INC CIK: 1672572 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001493152-22-031976`
Period End Date	20220930
Filing Date	20221114
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

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

Balance Sheet 50 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`	$26.14K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$3.90K	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
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$9.12K	USD	Point-in-time
Inventories	`InventoryNet`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$11.27K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$35.26K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$15.16K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$35.26K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$15.16K	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
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
Shareholder loans	`DueToRelatedPartiesCurrent`	$82.37K	USD	Point-in-time
Shareholder loans	`DueToRelatedPartiesCurrent`	$81.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$82.37K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$81.84K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$81.84K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$82.37K	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`	$-422.86K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-20.75K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-60.15K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-67.20K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-29.05K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-46.59K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-1.99K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$35.26K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$15.16K	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Revenue sales, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20K	USD	1 Quarter
Revenue sales, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.35K	USD	2 Qtrs
Revenue sales, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20K	USD	2 Qtrs
Revenue sales, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$700.00	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	-	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$700.00	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	$500.00	USD	1 Quarter
Gross profit	`GrossProfit`	$7.35K	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	$500.00	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.47K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.05K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.96K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$29.10K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$9.47K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$27.96K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$29.10K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$7.05K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-28.60K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-8.97K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.05K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-20.61K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$1.54K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	-	USD	1 Quarter
Interest income	`InterestIncomeOther`	$665.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	-	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	-	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$665.00	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.54K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.61K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-27.06K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.05K	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
Net loss per common share, basic and diluted	`EarningsPerShareBasic`	-	USD	2 Qtrs
Net loss per common share, basic and diluted	`EarningsPerShareBasic`	-	USD	2 Qtrs
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
Weighted average number of common shares outstanding, basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	30.00M	shares	2 Qtrs
Weighted average number of common shares outstanding, basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	30.00M	shares	2 Qtrs

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.61K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-27.06K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.05K	USD	1 Quarter
Depreciation expense	`Depreciation`	-	USD	2 Qtrs
Depreciation expense	`Depreciation`	$984.00	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$1.54K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	-	USD	1 Quarter
Interest income	`InterestIncomeOther`	$665.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.12K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.27K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-700.00	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-743.00	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$106.00	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.51K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.81K	USD	2 Qtrs
Notes receivable	`ProceedsFromSaleOfNotesReceivable`	-	USD	2 Qtrs
Notes receivable	`ProceedsFromSaleOfNotesReceivable`	$52.40K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$52.40K	USD	2 Qtrs
Proceeds from shareholder loan	`ProceedsFromRelatedPartyDebt`	$1.27K	USD	2 Qtrs
Proceeds from shareholder loan	`ProceedsFromRelatedPartyDebt`	$14.47K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.47K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.27K	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.24K	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$40.06K	USD	2 Qtrs
Cash at beginning of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.90K	USD	Point-in-time
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`	$46.70K	USD	Point-in-time
Cash at end of period:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.90K	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`	$46.70K	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`	$743.00	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-20.75K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-60.15K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-67.20K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-29.05K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-46.59K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-1.99K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-18.76K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.30K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.61K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-27.06K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.05K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-20.75K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-60.15K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-67.20K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-29.05K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-46.59K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-1.99K	USD	Point-in-time

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