10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001683168-16-000855 |
| Period End Date | 20160331 |
| Filing Date | 20161205 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | cdif-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$357.83K | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$375.79K | USD | Point-in-time |
| Notes payable, discount |
DebtInstrumentUnamortizedDiscountCurrent
|
- | USD | Point-in-time |
| Notes payable, discount |
DebtInstrumentUnamortizedDiscountCurrent
|
- | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
50.00M | shares | 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, shares issued |
CommonStockSharesIssued
|
9.41M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
9.94M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
9.94M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
9.41M | shares | Point-in-time |
| Cash |
Cash
|
$31.56K | USD | Point-in-time |
| Cash |
Cash
|
$58.75K | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$54.00 | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$54.00 | USD | Point-in-time |
| Prepaid and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$21.02K | USD | Point-in-time |
| Prepaid and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$27.46K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$52.64K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$86.27K | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation of $375,788 and $357,830, respectively |
PropertyPlantAndEquipmentNet
|
$540.02K | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation of $375,788 and $357,830, respectively |
PropertyPlantAndEquipmentNet
|
$505.38K | USD | Point-in-time |
| Land |
Land
|
$603.00K | USD | Point-in-time |
| Land |
Land
|
$603.00K | USD | Point-in-time |
| Deposits |
DepositAssets
|
$13.95K | USD | Point-in-time |
| Deposits |
DepositAssets
|
$6.95K | USD | Point-in-time |
| Due from related party |
DueFromRelatedPartiesNoncurrent
|
$9.87K | USD | Point-in-time |
| Due from related party |
DueFromRelatedPartiesNoncurrent
|
$6.95K | USD | Point-in-time |
| Total Assets |
Assets
|
$1.22M | USD | Point-in-time |
| Total Assets |
Assets
|
$1.21M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$17.98K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$29.08K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$584.80K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$681.07K | USD | Point-in-time |
| Accrued expenses - related parties |
AccountsPayableRelatedPartiesCurrent
|
$534.25K | USD | Point-in-time |
| Accrued expenses - related parties |
AccountsPayableRelatedPartiesCurrent
|
$502.50K | USD | Point-in-time |
| Interest payable |
InterestPayableCurrent
|
$200.56K | USD | Point-in-time |
| Interest payable |
InterestPayableCurrent
|
$191.82K | USD | Point-in-time |
| Accrued payroll taxes |
AccruedPayrollTaxesCurrent
|
$38.90K | USD | Point-in-time |
| Accrued payroll taxes |
AccruedPayrollTaxesCurrent
|
$38.65K | USD | Point-in-time |
| Due to officers and shareholders |
DueToOfficersOrStockholdersCurrent
|
$98.69K | USD | Point-in-time |
| Due to officers and shareholders |
DueToOfficersOrStockholdersCurrent
|
$81.91K | USD | Point-in-time |
| Common stock to be issued |
CommonStockToBeIssued
|
$5.00K | USD | Point-in-time |
| Common stock to be issued |
CommonStockToBeIssued
|
$5.00K | USD | Point-in-time |
| Notes payable, unrelated party |
LongTermDebtCurrent
|
$60.81K | USD | Point-in-time |
| Notes payable, unrelated party |
LongTermDebtCurrent
|
$61.27K | USD | Point-in-time |
| Notes payable - related party |
NotesPayableRelatedPartiesClassifiedCurrent
|
$119.50K | USD | Point-in-time |
| Notes payable - related party |
NotesPayableRelatedPartiesClassifiedCurrent
|
$109.00K | USD | Point-in-time |
| Convertible notes payable, net of debt discounts of $4,750 and $0, respectively |
ConvertibleNotesPayableCurrent
|
$97.20K | USD | Point-in-time |
| Convertible notes payable, net of debt discounts of $4,750 and $0, respectively |
ConvertibleNotesPayableCurrent
|
$29.70K | USD | Point-in-time |
| Convertible notes payable - related party |
ConvertibleNotesPayableRelatedParty
|
$165.00K | USD | Point-in-time |
| Convertible notes payable - related party |
ConvertibleNotesPayableRelatedParty
|
$165.00K | USD | Point-in-time |
| Derivative Liabilities |
DerivativeLiabilitiesCurrent
|
- | USD | Point-in-time |
| Derivative Liabilities |
DerivativeLiabilitiesCurrent
|
$13.95K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.82M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.01M | USD | Point-in-time |
| Notes payable, related party, net of current portion and discount of $0 and $0, respectively |
NotesPayableRelatedPartiesNoncurrent
|
- | USD | Point-in-time |
| Notes payable, related party, net of current portion and discount of $0 and $0, respectively |
NotesPayableRelatedPartiesNoncurrent
|
- | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.82M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.01M | USD | Point-in-time |
| Common stock; 50,000,000 shares authorized with $0.001 par value; 9,941,477 and 9,412,888 issued and outstanding at March 31, 2016 and December 31, 2015, respectively |
CommonStockValue
|
$9.41K | USD | Point-in-time |
| Common stock; 50,000,000 shares authorized with $0.001 par value; 9,941,477 and 9,412,888 issued and outstanding at March 31, 2016 and December 31, 2015, respectively |
CommonStockValue
|
$9.94K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$42.60M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$42.58M | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-43.41M | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-43.21M | USD | Point-in-time |
| Total shareholders' equity (deficiency) |
StockholdersEquity
|
$-610.49K | USD | Point-in-time |
| Total shareholders' equity (deficiency) |
StockholdersEquity
|
$-793.13K | USD | Point-in-time |
| Total liabilities and shareholders' equity (deficiency) |
LiabilitiesAndStockholdersEquity
|
$1.21M | USD | Point-in-time |
| Total liabilities and shareholders' equity (deficiency) |
LiabilitiesAndStockholdersEquity
|
$1.22M | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental income |
OperatingLeasesIncomeStatementContingentRevenue
|
$40.61K | USD | 1 Quarter |
| Rental income |
OperatingLeasesIncomeStatementContingentRevenue
|
$41.75K | USD | 1 Quarter |
| Sales of pizza |
FoodAndBeverageRevenue
|
$214.59K | USD | 1 Quarter |
| Sales of pizza |
FoodAndBeverageRevenue
|
$377.12K | USD | 1 Quarter |
| Other |
OtherOperatingIncome
|
$10.95K | USD | 1 Quarter |
| Other |
OtherOperatingIncome
|
$18.09K | USD | 1 Quarter |
| Total revenue |
Revenues
|
$273.30K | USD | 1 Quarter |
| Total revenue |
Revenues
|
$429.81K | USD | 1 Quarter |
| Rental business |
CostOfPropertyRepairsAndMaintenance
|
$29.97K | USD | 1 Quarter |
| Rental business |
CostOfPropertyRepairsAndMaintenance
|
$28.99K | USD | 1 Quarter |
| Pizza restaurants |
CostOfRevenue
|
$272.41K | USD | 1 Quarter |
| Pizza restaurants |
CostOfRevenue
|
$106.90K | USD | 1 Quarter |
| Other |
OtherExpenses
|
- | USD | 1 Quarter |
| Other |
OtherExpenses
|
- | USD | 1 Quarter |
| Total cost of sales |
CostOfGoodsAndServicesSold
|
$301.40K | USD | 1 Quarter |
| Total cost of sales |
CostOfGoodsAndServicesSold
|
$136.87K | USD | 1 Quarter |
| GROSS MARGIN |
GrossProfit
|
$136.42K | USD | 1 Quarter |
| GROSS MARGIN |
GrossProfit
|
$128.41K | USD | 1 Quarter |
| OPERATING EXPENSES |
OperatingExpenses
|
$330.83K | USD | 1 Quarter |
| OPERATING EXPENSES |
OperatingExpenses
|
$255.85K | USD | 1 Quarter |
| GAIN (LOSS) FROM OPERATIONS |
OperatingIncomeLoss
|
$-127.44K | USD | 1 Quarter |
| GAIN (LOSS) FROM OPERATIONS |
OperatingIncomeLoss
|
$-194.41K | USD | 1 Quarter |
| Gain on settlement of debt |
GainsLossesOnExtinguishmentOfDebt
|
$10.00K | USD | 1 Quarter |
| Gain on settlement of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on sale of fixed asset |
GainLossOnSaleOfPropertyPlantEquipment
|
- | USD | 1 Quarter |
| Loss on sale of fixed asset |
GainLossOnSaleOfPropertyPlantEquipment
|
$-2.44K | USD | 1 Quarter |
| Change in value of derivative liability |
UnrealizedGainLossOnDerivatives
|
$1.73K | USD | 1 Quarter |
| Change in value of derivative liability |
UnrealizedGainLossOnDerivatives
|
- | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$7.06K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$8.74K | USD | 1 Quarter |
| Total other income (expenses) |
NonoperatingIncomeExpense
|
$-9.45K | USD | 1 Quarter |
| Total other income (expenses) |
NonoperatingIncomeExpense
|
$2.94K | USD | 1 Quarter |
| NET INCOME (LOSS) FOR THE PERIOD |
NetIncomeLoss
|
$-203.86K | USD | 1 Quarter |
| NET INCOME (LOSS) FOR THE PERIOD |
NetIncomeLoss
|
$-124.49K | USD | 1 Quarter |
| INCOME (LOSS) PER COMMON SHARE - BASIC |
EarningsPerShareBasic
|
$-0.02 | USD | 1 Quarter |
| INCOME (LOSS) PER COMMON SHARE - BASIC |
EarningsPerShareBasic
|
$-0.03 | USD | 1 Quarter |
| Weighted average number of common shares - basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9.53M | shares | 1 Quarter |
| Weighted average number of common shares - basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4.95M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-203.86K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-124.49K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$29.98K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$17.96K | USD | 1 Quarter |
| Convertible note issued for services rendered |
ConvertibleNoteIssuedForServicesRendered
|
- | USD | 1 Quarter |
| Convertible note issued for services rendered |
ConvertibleNoteIssuedForServicesRendered
|
$50.00K | USD | 1 Quarter |
| Loss on sale of fixed asset |
GainLossOnSaleOfPropertyPlantEquipment
|
- | USD | 1 Quarter |
| Loss on sale of fixed asset |
GainLossOnSaleOfPropertyPlantEquipment
|
$-2.44K | USD | 1 Quarter |
| Change in value of derivative liability |
UnrealizedGainLossOnDerivatives
|
$1.73K | USD | 1 Quarter |
| Change in value of derivative liability |
UnrealizedGainLossOnDerivatives
|
- | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-3.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
- | USD | 1 Quarter |
| Deposits |
IncreaseDecreaseInDepositOtherAssets
|
$-2.77K | USD | 1 Quarter |
| Deposits |
IncreaseDecreaseInDepositOtherAssets
|
$7.00K | USD | 1 Quarter |
| Prepaids and other |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-5.28K | USD | 1 Quarter |
| Prepaids and other |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$6.44K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-46.65K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-11.10K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$124.72K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$96.27K | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$7.03K | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$8.74K | USD | 1 Quarter |
| Accrued payroll taxes |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-249.00 | USD | 1 Quarter |
| Accrued payroll taxes |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$1.13K | USD | 1 Quarter |
| Accrued officers' salaries |
IncreaseDecreaseInAccruedSalaries
|
$60.00K | USD | 1 Quarter |
| Accrued officers' salaries |
IncreaseDecreaseInAccruedSalaries
|
$31.75K | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-23.21K | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$62.77K | USD | 1 Quarter |
| Proceeds on sale of fixed assets |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Proceeds on sale of fixed assets |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$18.22K | USD | 1 Quarter |
| Purchase of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$44.90K | USD | 1 Quarter |
| Purchase of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.97K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$14.24K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-44.90K | USD | 1 Quarter |
| Due from/to related party |
ProceedsFromRelatedPartyDebt
|
$19.70K | USD | 1 Quarter |
| Due from/to related party |
ProceedsFromRelatedPartyDebt
|
$8.21K | USD | 1 Quarter |
| Proceeds from sales of stock |
ProceedsFromIssuanceOrSaleOfEquity
|
$107.50K | USD | 1 Quarter |
| Proceeds from sales of stock |
ProceedsFromIssuanceOrSaleOfEquity
|
$9.00K | USD | 1 Quarter |
| Proceeds from convertible notes payable |
ProceedsFromConvertibleDebt
|
$17.50K | USD | 1 Quarter |
| Proceeds from convertible notes payable |
ProceedsFromConvertibleDebt
|
- | USD | 1 Quarter |
| (Repayments to) notes payable - related party |
RepaymentsOfRelatedPartyDebt
|
$10.50K | USD | 1 Quarter |
| (Repayments to) notes payable - related party |
RepaymentsOfRelatedPartyDebt
|
- | USD | 1 Quarter |
| (Repayments to) proceeds of notes payable |
ProceedsFromRepaymentsOfNotesPayable
|
$-61.49K | USD | 1 Quarter |
| (Repayments to) proceeds of notes payable |
ProceedsFromRepaymentsOfNotesPayable
|
$461.00 | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$54.22K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$36.16K | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$27.19K | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$72.10K | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$31.56K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$46.31K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$46.31K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$118.41K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$31.56K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$46.31K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$46.31K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$118.41K | USD | Point-in-time |
| Common stock to be issued |
CommonStockToBeIssuedNonCash
|
- | USD | 1 Quarter |
| Common stock to be issued |
CommonStockToBeIssuedNonCash
|
$5.00K | USD | 1 Quarter |
| Common stock issued upon conversion of notes payable |
CommonStockIssuedUponConversionOfNotesPayable
|
- | USD | 1 Quarter |
| Common stock issued upon conversion of notes payable |
CommonStockIssuedUponConversionOfNotesPayable
|
- | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.