10-Q Filing

LANDBAY INC CIK: 1672572 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001672572-18-000016`
Period End Date	20180930
Filing Date	20181107
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	landbay-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 43 Income Statement 51 Cash Flow Statement 31 Stockholders Equity 7

Balance Sheet 43 line items

Line Item	Tag	Value	Unit	Period
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`	999.00M	shares	Point-in-time
Cash & cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.73K	USD	Point-in-time
Cash & cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.50K	USD	Point-in-time
Cash & cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.49K	USD	Point-in-time
Common stock, Authorized	`CommonStockSharesAuthorized`	999.00M	shares	Point-in-time
Cash & cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.80K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	9.99M	shares	Point-in-time
Short term investments	`ShortTermInvestments`	$40.89K	USD	Point-in-time
Short term investments	`ShortTermInvestments`	$96.72K	USD	Point-in-time
Common stock, Issued	`CommonStockSharesIssued`	9.99M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$42.38K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	9.64M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	9.64M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$123.52K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	351,350.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	351,350.00	shares	Point-in-time
Notes Receiveble	`NotesReceivableNet`	$25.00K	USD	Point-in-time
Notes Receiveble	`NotesReceivableNet`	$46.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$169.52K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$67.38K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Taxes Payable	`TaxesPayableCurrent`	$20.14K	USD	Point-in-time
Taxes Payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Loans Payable	`LoansPayableCurrent`	-	USD	Point-in-time
Loans Payable	`LoansPayableCurrent`	-	USD	Point-in-time
Deferred Tax Liabilities	`DeferredTaxLiabilitiesCurrent`	$9.21K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.35K	USD	Point-in-time
Common Stock: 0.001 Par Value; 999,000,000 Shares authorized; 9,990,000 shares issued; 9,638,650 shares outstanding	`CommonStockValue`	$9.99K	USD	Point-in-time
Common Stock: 0.001 Par Value; 999,000,000 Shares authorized; 9,990,000 shares issued; 9,638,650 shares outstanding	`CommonStockValue`	$9.99K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$89.02K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$67.64K	USD	Point-in-time
Retained Earnings (Deficit)	`RetainedEarningsAccumulatedDeficit`	$-9.89K	USD	Point-in-time
Retained Earnings (Deficit)	`RetainedEarningsAccumulatedDeficit`	$41.52K	USD	Point-in-time
Less: Treasury Stock, 351,350	`TreasuryStockValue`	$351.00	USD	Point-in-time
Less: Treasury Stock, 351,350	`TreasuryStockValue`	$351.00	USD	Point-in-time
Total Stockholder's equity	`StockholdersEquity`	$67.38K	USD	Point-in-time
Total Stockholder's equity	`StockholdersEquity`	$140.18K	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$67.38K	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$169.52K	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Realized Gain (loss) from Investment	`GainLossOnInvestments`	$70.20K	USD	2 Qtrs
Realized Gain (loss) from Investment	`GainLossOnInvestments`	$30.76K	USD	1 Quarter
Realized Gain (loss) from Investment	`GainLossOnInvestments`	$1.01K	USD	2 Qtrs
Trading Comissions	`PaymentsForBrokerageFees`	$6.00	USD	2 Qtrs
Trading Comissions	`PaymentsForBrokerageFees`	-	USD	2 Qtrs
Trading Comissions	`PaymentsForBrokerageFees`	-	USD	1 Quarter
Interest and Dividend Income	`InterestAndDividendIncomeOperating`	$2.40K	USD	2 Qtrs
Interest and Dividend Income	`InterestAndDividendIncomeOperating`	$1.30K	USD	1 Quarter
Interest and Dividend Income	`InterestAndDividendIncomeOperating`	$2.00	USD	2 Qtrs
Unrealized Gain (loss) from Investments	`TradingSecuritiesUnrealizedHoldingGainLoss`	$-580.00	USD	2 Qtrs
Unrealized Gain (loss) from Investments	`TradingSecuritiesUnrealizedHoldingGainLoss`	$25.35K	USD	2 Qtrs
Unrealized Gain (loss) from Investments	`TradingSecuritiesUnrealizedHoldingGainLoss`	$28.74K	USD	1 Quarter
Less: (Fee and commission expense)	`NoninterestExpenseCommissionExpense`	$643.00	USD	2 Qtrs
Less: (Fee and commission expense)	`NoninterestExpenseCommissionExpense`	$287.00	USD	1 Quarter
Less: (Fee and commission expense)	`NoninterestExpenseCommissionExpense`	$259.00	USD	2 Qtrs
Net Profit (loss)	`ProfitLoss`	$183.00	USD	2 Qtrs
Net Profit (loss)	`ProfitLoss`	$60.51K	USD	1 Quarter
Net Profit (loss)	`ProfitLoss`	$97.31K	USD	2 Qtrs
Account Fees	`AccountFees`	$219.00	USD	2 Qtrs
Account Fees	`AccountFees`	$55.00	USD	1 Quarter
Account Fees	`AccountFees`	$55.00	USD	2 Qtrs
Bank Service Charges	`GeneralAndAdministrativeExpense`	$112.00	USD	2 Qtrs
Bank Service Charges	`GeneralAndAdministrativeExpense`	$172.00	USD	2 Qtrs
Bank Service Charges	`GeneralAndAdministrativeExpense`	$48.00	USD	1 Quarter
Custodian Fees	`NoninterestExpenseTransferAgentAndCustodianFees`	$18.00	USD	1 Quarter
Custodian Fees	`NoninterestExpenseTransferAgentAndCustodianFees`	$108.00	USD	2 Qtrs
Custodian Fees	`NoninterestExpenseTransferAgentAndCustodianFees`	$144.00	USD	2 Qtrs
Legal & Professional	`ProfessionalFees`	$16.15K	USD	2 Qtrs
Legal & Professional	`ProfessionalFees`	-	USD	2 Qtrs
Legal & Professional	`ProfessionalFees`	$9.88K	USD	1 Quarter
Taxes, Licenses and Fees	`TaxesAndLicenses`	$50.00	USD	2 Qtrs
Taxes, Licenses and Fees	`TaxesAndLicenses`	$64.00	USD	2 Qtrs
Taxes, Licenses and Fees	`TaxesAndLicenses`	$64.00	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$525.00	USD	2 Qtrs
Total Expenses	`CostsAndExpenses`	$16.55K	USD	2 Qtrs
Total Expenses	`CostsAndExpenses`	$10.06K	USD	1 Quarter
Excess of Expenses over Revenues before Taxes	`OperatingIncomeLoss`	$80.76K	USD	2 Qtrs
Excess of Expenses over Revenues before Taxes	`OperatingIncomeLoss`	$-342.00	USD	2 Qtrs
Excess of Expenses over Revenues before Taxes	`OperatingIncomeLoss`	$50.45K	USD	1 Quarter
Provision for Taxes-Federal Taxes	`IncomeTaxExpenseBenefit`	$16.96K	USD	1 Quarter
Provision for Taxes-Federal Taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Taxes-Federal Taxes	`IncomeTaxExpenseBenefit`	$16.96K	USD	2 Qtrs
Provision for Taxes-NY State Taxes	`IncomeTaxExpenseBenefitState`	$5.24K	USD	2 Qtrs
Provision for Taxes-NY State Taxes	`IncomeTaxExpenseBenefitState`	-	USD	2 Qtrs
Provision for Taxes-NY State Taxes	`IncomeTaxExpenseBenefitState`	$5.24K	USD	1 Quarter
Provision for Taxes-NYC Taxes	`IncomeTaxExpenseBenefitCity`	$7.15K	USD	1 Quarter
Provision for Taxes-NYC Taxes	`IncomeTaxExpenseBenefitCity`	-	USD	2 Qtrs
Provision for Taxes-NYC Taxes	`IncomeTaxExpenseBenefitCity`	$7.15K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-342.00	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$21.10K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$51.41K	USD	2 Qtrs

Cash Flow Statement 31 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$-342.00	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$21.10K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$51.41K	USD	2 Qtrs
Short-Term Investments	`IncomeLossFromEquityMethodInvestments`	$-35.05K	USD	2 Qtrs
Short-Term Investments	`IncomeLossFromEquityMethodInvestments`	$-55.83K	USD	2 Qtrs
Income Tax Payables and Deferred Tax Liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Income Tax Payables and Deferred Tax Liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$29.35K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.93K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-35.40K	USD	2 Qtrs
Loans	`ProceedsFromLoanOriginations1`	$-21.00K	USD	2 Qtrs
Loans	`ProceedsFromLoanOriginations1`	$-7.00K	USD	2 Qtrs
Capital stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Capital stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Additional paid-in (paid-out) capital	`ProceedsFromContributionsFromParent`	$21.38K	USD	2 Qtrs
Additional paid-in (paid-out) capital	`ProceedsFromContributionsFromParent`	$63.64K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$56.64K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$380.00	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$25.31K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$21.25K	USD	2 Qtrs
Cash and cash equivalents - beginning	`CashAndCashEquivalentsAtCarryingValue`	$33.73K	USD	Point-in-time
Cash and cash equivalents - beginning	`CashAndCashEquivalentsAtCarryingValue`	$1.50K	USD	Point-in-time
Cash and cash equivalents - beginning	`CashAndCashEquivalentsAtCarryingValue`	$12.49K	USD	Point-in-time
Cash and cash equivalents - beginning	`CashAndCashEquivalentsAtCarryingValue`	$26.80K	USD	Point-in-time
Cash and cash equivalents - ending	`CashAndCashEquivalentsAtCarryingValue`	$33.73K	USD	Point-in-time
Cash and cash equivalents - ending	`CashAndCashEquivalentsAtCarryingValue`	$1.50K	USD	Point-in-time
Cash and cash equivalents - ending	`CashAndCashEquivalentsAtCarryingValue`	$12.49K	USD	Point-in-time
Cash and cash equivalents - ending	`CashAndCashEquivalentsAtCarryingValue`	$26.80K	USD	Point-in-time
Cash paid during the periods for: Interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during the periods for: Interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during the period for: Tax expenses	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid during the period for: Tax expenses	`IncomeTaxesPaid`	-	USD	2 Qtrs

Stockholders Equity 7 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$67.38K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$140.18K	USD	Point-in-time
Net (loss)	`NetIncomeLoss`	$-342.00	USD	2 Qtrs
Net (loss)	`NetIncomeLoss`	$21.10K	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$51.41K	USD	2 Qtrs
Additional paid-in-capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$21.38K	USD	2 Qtrs
Ending Balance, Amount	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1`	$140.18K	USD	Point-in-time

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