10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001554795-21-000282`
Period End Date	20210630
Filing Date	20210813
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	pgec0811form10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 42 Cash Flow Statement 30 Stockholders Equity 30

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.49K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$4.70K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$57.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.70K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.49K	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
Total Assets	`Assets`	$1.49K	USD	Point-in-time
Total Assets	`Assets`	$4.70K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.33M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.33M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.33M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.33M	shares	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$6.00K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$9.00K	USD	Point-in-time
Accrued interest - related party	`AccruedLiabilitiesAndOtherLiabilities`	$49.95K	USD	Point-in-time
Accrued interest - related party	`AccruedLiabilitiesAndOtherLiabilities`	$57.19K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$183.51K	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$180.51K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$249.71K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$236.46K	USD	Point-in-time
Total Liabilities	`Liabilities`	$249.71K	USD	Point-in-time
Total Liabilities	`Liabilities`	$236.46K	USD	Point-in-time
Preferred stock - 10,000,000 shares authorized - None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - 10,000,000 shares authorized - None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock - 100,000,000 shares authorized having a par value of $0.001 per share, 3,332,200 shares issued and outstanding	`CommonStockValue`	$3.33K	USD	Point-in-time
Common stock - 100,000,000 shares authorized having a par value of $0.001 per share, 3,332,200 shares issued and outstanding	`CommonStockValue`	$3.33K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$713.57K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$713.57K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-948.67K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-965.13K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-248.22K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-231.77K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-204.86K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-219.52K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-213.50K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-240.79K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.49K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$4.70K	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.21K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.15K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.72K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.80K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-3.80K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-9.21K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-8.15K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-2.72K	USD	1 Quarter
Interest expense - related party	`InterestExpenseRelatedParty`	$3.64K	USD	1 Quarter
Interest expense - related party	`InterestExpenseRelatedParty`	$7.25K	USD	2 Qtrs
Interest expense - related party	`InterestExpenseRelatedParty`	$6.52K	USD	2 Qtrs
Interest expense - related party	`InterestExpenseRelatedParty`	$3.30K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-3.64K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-3.30K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-7.25K	USD	2 Qtrs
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-6.52K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-6.02K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-14.67K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-7.44K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-16.45K	USD	2 Qtrs
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-16.45K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-7.44K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.64K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-14.67K	USD	2 Qtrs
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	3.33M	shares	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	3.33M	shares	2 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	3.33M	shares	2 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	3.33M	shares	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-16.45K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-7.44K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.64K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-14.67K	USD	2 Qtrs
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$3.00K	USD	2 Qtrs
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$3.00K	USD	2 Qtrs
Increase in accrued interest - related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$7.25K	USD	2 Qtrs
Increase in accrued interest - related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$6.52K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.21K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.15K	USD	2 Qtrs
Proceeds from notes payable - related party	`ProceedsFromRelatedPartyDebt`	$3.00K	USD	2 Qtrs
Proceeds from notes payable - related party	`ProceedsFromRelatedPartyDebt`	$5.10K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.10K	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-48.00	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.21K	USD	2 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.49K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$4.70K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$57.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$105.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$1.49K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$4.70K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$57.00	USD	Point-in-time
Interest expense	`InterestPaidNet`	-	USD	2 Qtrs
Interest expense	`InterestPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
StockholdersEquity	`StockholdersEquity`	$-248.22K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-231.77K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-204.86K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-219.52K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-213.50K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-240.79K	USD	Point-in-time
Beginning balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Beginning balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Beginning balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Beginning balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Beginning balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Beginning balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
NetIncomeLoss	`NetIncomeLoss`	$-16.45K	USD	2 Qtrs
NetIncomeLoss	`NetIncomeLoss`	$-7.44K	USD	1 Quarter
NetIncomeLoss	`NetIncomeLoss`	$-9.02K	USD	1 Quarter
NetIncomeLoss	`NetIncomeLoss`	$-6.02K	USD	1 Quarter
NetIncomeLoss	`NetIncomeLoss`	$-8.64K	USD	1 Quarter
NetIncomeLoss	`NetIncomeLoss`	$-14.67K	USD	2 Qtrs
StockholdersEquity	`StockholdersEquity`	$-248.22K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-231.77K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-204.86K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-219.52K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-213.50K	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$-240.79K	USD	Point-in-time
Ending balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Ending balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Ending balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Ending balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Ending balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time
Ending balance, shares	`SharesOutstanding`	3.33M	shares	Point-in-time

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