10-Q Filing

AKOUSTIS TECHNOLOGIES, INC. CIK: 1584754 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001615774-15-001568`
Period End Date	20150430
Filing Date	20150622
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	fil-20150430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 25 Cash Flow Statement 25

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.50K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.10K	USD	Point-in-time
Preferred Stock authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.52K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred Stock authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$9.52K	USD	Point-in-time
Preferred Stock issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred Stock issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total Assets	`Assets`	$9.52K	USD	Point-in-time
Preferred Stock outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Assets	`Assets`	-	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
Common stock par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock issued	`CommonStockSharesIssued`	12.85M	shares	Point-in-time
Loans from shareholders	`LoansFromShareholders`	$13.93K	USD	Point-in-time
Common stock issued	`CommonStockSharesIssued`	12.85M	shares	Point-in-time
Loans from shareholders	`LoansFromShareholders`	$306.00	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.89K	USD	Point-in-time
Common stock outstanding	`CommonStockSharesOutstanding`	12.85M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	-	USD	Point-in-time
Common stock outstanding	`CommonStockSharesOutstanding`	12.85M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$306.00	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.82K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock par value $0.001: 10,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock par value $0.001: 10,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 300,000,000 shares authorized; 12,854,024 shares issued and outstanding	`CommonStockValue`	$12.85K	USD	Point-in-time
Common stock, $0.001 par value; 300,000,000 shares authorized; 12,854,024 shares issued and outstanding	`CommonStockValue`	$12.85K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$25.65K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$23.55K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-27.18K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-57.33K	USD	Point-in-time
Total Stockholders' (Deficiency) Equity	`StockholdersEquity`	$9.21K	USD	Point-in-time
Total Stockholders' (Deficiency) Equity	`StockholdersEquity`	$-18.82K	USD	Point-in-time
Total Liabilities and Stockholders' (Deficiency) Equity	`LiabilitiesAndStockholdersEquity`	$9.52K	USD	Point-in-time
Total Liabilities and Stockholders' (Deficiency) Equity	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$25.49K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$30.14K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.60K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.04K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$30.14K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.04K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$25.49K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.60K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.04K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-30.14K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-25.49K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.60K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-30.14K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$57.33K	USD	8 Qtrs
Net loss	`NetIncomeLoss`	$-1.04K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.60K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-25.49K	USD	1 Quarter
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.85M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.85M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.85M	shares	3 Qtrs
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.85M	shares	3 Qtrs

Cash Flow Statement 25 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-30.14K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$57.33K	USD	8 Qtrs
Net loss	`NetIncomeLoss`	$-1.04K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.60K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-25.49K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.89K	USD	3 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.60K	USD	3 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-25.25K	USD	3 Qtrs
Proceeds from shareholder loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Proceeds from shareholder loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$15.73K	USD	3 Qtrs
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$15.73K	USD	3 Qtrs
Net Decrease in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.52K	USD	3 Qtrs
Net Decrease in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.60K	USD	3 Qtrs
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.50K	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.10K	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.52K	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.50K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.10K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.52K	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Reclassification of loan from director to additional paid-in capital	`ReclassificationOfLoanFromDirectorToAdditionalPaidinCapital`	-	USD	3 Qtrs
Reclassification of loan from director to additional paid-in capital	`ReclassificationOfLoanFromDirectorToAdditionalPaidinCapital`	$2.11K	USD	3 Qtrs

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