10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001554795-22-000375`
Period End Date	20220930
Filing Date	20221104
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	pgec1104form10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 44 Cash Flow Statement 36 Stockholders Equity 24

Balance Sheet 52 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`	$4.70K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$673.00	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
Cash	`CashAndCashEquivalentsAtCarryingValue`	$673.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.17K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.17K	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
Total Current Assets	`AssetsCurrent`	$673.00	USD	Point-in-time
Total Assets	`Assets`	$2.17K	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$673.00	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`	$10.50K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.30K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accrued interest related party	`AccruedLiabilitiesAndOtherLiabilities`	$64.36K	USD	Point-in-time
Accrued interest related party	`AccruedLiabilitiesAndOtherLiabilities`	$76.38K	USD	Point-in-time
Notes payable related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$205.01K	USD	Point-in-time
Notes payable related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$194.51K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$267.18K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$291.89K	USD	Point-in-time
Total Liabilities	`Liabilities`	$267.18K	USD	Point-in-time
Total Liabilities	`Liabilities`	$291.89K	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`	$-983.41K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.01M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-266.50K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-240.79K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-231.77K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-276.00K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-289.72K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-248.22K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-259.93K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-282.87K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$2.17K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$673.00	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.20K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.52K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.75K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.31K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-8.31K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-11.20K	USD	3 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-17.52K	USD	3 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-2.75K	USD	1 Quarter
Interest expense related party	`InterestExpenseRelatedParty`	$10.64K	USD	3 Qtrs
Interest expense related party	`InterestExpenseRelatedParty`	$4.10K	USD	1 Quarter
Interest expense related party	`InterestExpenseRelatedParty`	$12.01K	USD	3 Qtrs
Interest expense related party	`InterestExpenseRelatedParty`	$3.40K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-10.64K	USD	3 Qtrs
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-4.10K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-3.40K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-12.01K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-23.21K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-28.17K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-6.85K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-11.71K	USD	1 Quarter
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	3 Qtrs
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	3 Qtrs
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-7.44K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.87K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-11.71K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.85K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-23.21K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-9.49K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-28.17K	USD	3 Qtrs
Basic and Diluted Loss Per Share	`PGECEarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Loss Per Share	`PGECEarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Basic and Diluted Loss Per Share	`PGECEarningsPerShareBasicAndDiluted`	$-0.01	USD	3 Qtrs
Basic and Diluted Loss Per Share	`PGECEarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`PGECWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	3.33M	shares	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`PGECWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	3.33M	shares	3 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`PGECWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	3.33M	shares	3 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`PGECWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	3.33M	shares	1 Quarter

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-7.44K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.87K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-11.71K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.85K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.02K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-23.21K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-9.49K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-28.17K	USD	3 Qtrs
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$4.50K	USD	3 Qtrs
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$4.50K	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.30K	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.00K	USD	3 Qtrs
Increase in accrued interest related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$10.64K	USD	3 Qtrs
Increase in accrued interest related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$12.01K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.02K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.00K	USD	3 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Proceeds from notes payable related party	`ProceedsFromRelatedPartyDebt`	$10.50K	USD	3 Qtrs
Proceeds from notes payable related party	`ProceedsFromRelatedPartyDebt`	$8.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.50K	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.02K	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.50K	USD	3 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$4.70K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$673.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$673.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.17K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$4.70K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$673.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$673.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.17K	USD	Point-in-time
Interest expense	`InterestPaidNet`	-	USD	3 Qtrs
Interest expense	`InterestPaidNet`	-	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-266.50K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-240.79K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-231.77K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-276.00K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-289.72K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-248.22K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-259.93K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-282.87K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-7.44K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.87K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.71K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.85K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.02K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.21K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.49K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-28.17K	USD	3 Qtrs
Ending balance, value	`StockholdersEquity`	$-266.50K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-240.79K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-231.77K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-276.00K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-289.72K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-248.22K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-259.93K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-282.87K	USD	Point-in-time

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