10-Q Filing

ODYSIGHT.AI INC. CIK: 1577445 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558891-18-000077`
Period End Date	20180630
Filing Date	20180813
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	inll-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 16 Cash Flow Statement 31

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.15K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.72K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.24K	USD	Point-in-time
Total assets	`Assets`	$10.15K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Total assets	`Assets`	$50.24K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$27.93K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.99K	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$3.53K	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$6.24K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$41.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$51.00K	USD	Point-in-time
Notes payable to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Notes payable to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$60.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.22K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$82.46K	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 2,529,680 issued and outstanding, respectively	`CommonStockValue`	$2.53K	USD	Point-in-time
Common stock, $0.001 par value; 75,000,000 shares authorized, 2,529,680 issued and outstanding, respectively	`CommonStockValue`	$2.53K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$70.62K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$70.62K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-155.14K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-145.45K	USD	Point-in-time
Total stockholdersA deficit	`StockholdersEquity`	$-72.31K	USD	Point-in-time
Total stockholdersA deficit	`StockholdersEquity`	$-81.99K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$10.15K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$50.24K	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$6.47K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$8.11K	USD	1 Quarter
General & administrative	`GeneralAndAdministrativeExpense`	$296.00	USD	1 Quarter
General & administrative	`GeneralAndAdministrativeExpense`	$982.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.40K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.45K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.28K	USD	1 Quarter
Interest expense	`InterestExpense`	$842.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-1.28K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-842.00	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-8.29K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-9.68K	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER SHARE	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER SHARE	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.53M	shares	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.53M	shares	1 Quarter

Cash Flow Statement 31 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-8.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68K	USD	1 Quarter
Accounts payable and accrued liabilites	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.94K	USD	1 Quarter
Accounts payable and accrued liabilites	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.65K	USD	1 Quarter
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$2.71K	USD	1 Quarter
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$2.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.92K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.94K	USD	1 Quarter
Payments on notes payable	`RepaymentsOfNotesPayable`	-	USD	1 Quarter
Payments on notes payable	`RepaymentsOfNotesPayable`	$10.00K	USD	Point-in-time
Payments on notes payable	`RepaymentsOfNotesPayable`	$10.00K	USD	1 Quarter
Proceeds from notes payable to related parties	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Proceeds from notes payable to related parties	`ProceedsFromRelatedPartyDebt`	$60.00K	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$10.00K	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$50.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.00K	USD	1 Quarter
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$40.08K	USD	1 Quarter
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.06K	USD	1 Quarter
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$10.15K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.72K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$50.24K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$10.15K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.72K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$50.24K	USD	Point-in-time
Cash paid for: Interest	`InterestPaidNet`	$3.32K	USD	1 Quarter
Cash paid for: Interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for: Income taxes	`IncomeTaxesPaid`	$3.32K	USD	1 Quarter

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