10-Q Filing

PRESTIGE CAPITAL CORP CIK: 790179 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001554795-23-000239`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	pgec0727form10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 42 Cash Flow Statement 34 Stockholders Equity 18

Balance Sheet 44 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`	$873.00	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.47K	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$873.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.47K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$3.47K	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$873.00	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	`AccountsPayableRelatedPartiesCurrent1`	$6.00K	USD	Point-in-time
Accounts payable related party	`AccountsPayableRelatedPartiesCurrent1`	$9.00K	USD	Point-in-time
Accrued interest related party	`AccruedLiabilitiesAndOtherLiabilities`	$80.48K	USD	Point-in-time
Accrued interest related party	`AccruedLiabilitiesAndOtherLiabilities`	$89.02K	USD	Point-in-time
Notes payable related party	`NotesPayableRelatedPartiesClassifiedCurrent1`	$219.22K	USD	Point-in-time
Notes payable related party	`NotesPayableRelatedPartiesClassifiedCurrent1`	$211.01K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$317.24K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$297.49K	USD	Point-in-time
Total Liabilities	`Liabilities`	$297.49K	USD	Point-in-time
Total Liabilities	`Liabilities`	$317.24K	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`	$-1.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.03M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-266.50K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-276.00K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-306.48K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-282.87K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-313.77K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-296.62K	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.45K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.85K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.60K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.90K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-2.90K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-8.45K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-8.60K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-2.85K	USD	1 Quarter
Interest expense related party	`InterestExpenseRelatedParty1`	$4.38K	USD	1 Quarter
Interest expense related party	`InterestExpenseRelatedParty1`	$4.02K	USD	1 Quarter
Interest expense related party	`InterestExpenseRelatedParty1`	$8.55K	USD	2 Qtrs
Interest expense related party	`InterestExpenseRelatedParty1`	$7.92K	USD	2 Qtrs
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-7.92K	USD	2 Qtrs
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-4.02K	USD	1 Quarter
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-8.55K	USD	2 Qtrs
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-4.38K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-7.28K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-16.36K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-6.87K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-17.15K	USD	2 Qtrs
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Income tax expense	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-6.87K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-7.28K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-16.36K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-17.15K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-9.86K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.49K	USD	1 Quarter
Basic and Diluted Loss Per Share	`PGECEarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Basic and Diluted Loss Per Share	`PGECEarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Loss Per Share	`PGECEarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and Diluted Loss Per Share	`PGECEarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
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	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`PGECWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	3.33M	shares	2 Qtrs
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`PGECWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	3.33M	shares	2 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-6.87K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-7.28K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-16.36K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-17.15K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-9.86K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.49K	USD	1 Quarter
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$3.00K	USD	2 Qtrs
Expenses paid by related party	`CostsAndExpensesRelatedParty`	$3.00K	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-950.00	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Increase in accrued interest related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$7.92K	USD	2 Qtrs
Increase in accrued interest related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$8.55K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.40K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.60K	USD	2 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from notes payable related party	`ProceedsFromRelatedPartyDebt`	$6.50K	USD	2 Qtrs
Proceeds from notes payable related party	`ProceedsFromRelatedPartyDebt`	$8.20K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.50K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.20K	USD	2 Qtrs
Net Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$100.00	USD	2 Qtrs
Net Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.60K	USD	2 Qtrs
Beginning Cash Balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$673.00	USD	Point-in-time
Beginning Cash Balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$773.00	USD	Point-in-time
Beginning Cash Balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.47K	USD	Point-in-time
Beginning Cash Balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$873.00	USD	Point-in-time
Ending Cash Balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$673.00	USD	Point-in-time
Ending Cash Balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$773.00	USD	Point-in-time
Ending Cash Balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.47K	USD	Point-in-time
Ending Cash Balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$873.00	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 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-266.50K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-276.00K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-306.48K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-282.87K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-313.77K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-296.62K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-6.87K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.28K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.36K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-17.15K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-9.86K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.49K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-266.50K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-276.00K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-306.48K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-282.87K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-313.77K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-296.62K	USD	Point-in-time

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