10-Q Filing

ODYSIGHT.AI INC. CIK: 1577445 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558891-18-000095`
Period End Date	20180930
Filing Date	20181113
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	inll-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 32 Cash Flow Statement 36

Balance Sheet 36 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
Common stock, shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.15K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.56K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.36K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.92K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Total assets	`Assets`	$4.28K	USD	Point-in-time
Total assets	`Assets`	$10.15K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$27.93K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$21.63K	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$4.38K	USD	Point-in-time
Accounts payable to related party	`AccountsPayableRelatedPartiesCurrent`	$3.53K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	-	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$51.00K	USD	Point-in-time
Notes payable to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$75.00K	USD	Point-in-time
Notes payable to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$82.46K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$101.01K	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`	$-145.45K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-169.88K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-72.31K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-96.74K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$4.28K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$10.15K	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Professional fees	`ProfessionalFees`	$10.24K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$11.22K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$3.77K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$19.33K	USD	2 Qtrs
General & administrative	`GeneralAndAdministrativeExpense`	$1.86K	USD	2 Qtrs
General & administrative	`GeneralAndAdministrativeExpense`	$1.97K	USD	1 Quarter
General & administrative	`GeneralAndAdministrativeExpense`	$2.27K	USD	2 Qtrs
General & administrative	`GeneralAndAdministrativeExpense`	$878.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.20K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$21.60K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.65K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.10K	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.83K	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.55K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.16K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-1.55K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-1.16K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.83K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-14.75K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-14.10K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-24.43K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-5.81K	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER SHARE	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER SHARE	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
BASIC AND DILUTED NET LOSS PER SHARE	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
BASIC AND DILUTED NET LOSS PER SHARE	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
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	2 Qtrs
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	2 Qtrs

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-14.75K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-14.10K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-24.43K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.81K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.92K	USD	2 Qtrs
Accounts payable and accrued liabilites	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.65K	USD	2 Qtrs
Accounts payable and accrued liabilites	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.30K	USD	2 Qtrs
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-1.34K	USD	2 Qtrs
Accounts payable to related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$853.00	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.10K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-32.79K	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfNotesPayable`	$41.00K	USD	Point-in-time
Payments on notes payable	`RepaymentsOfNotesPayable`	$10.00K	USD	Point-in-time
Payments on notes payable	`RepaymentsOfNotesPayable`	$51.00K	USD	2 Qtrs
Proceeds from notes payable to related parties	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds from notes payable to related parties	`ProceedsFromRelatedPartyDebt`	$75.00K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$21.00K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$21.00K	USD	2 Qtrs
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.90K	USD	2 Qtrs
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.79K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$10.15K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$6.56K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.36K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$10.15K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.66K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$6.56K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.36K	USD	Point-in-time
Cash paid for: Interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for: Interest	`InterestPaidNet`	$8.98K	USD	2 Qtrs
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for: Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs

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