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10-Q/A Filing

CARDIFF LEXINGTON CORP CIK: 811222 Q1 2017
Filing Information
Form Type 10-Q/A
Accession Number 0001683168-17-002303
Period End Date 20170331
Filing Date 20170905
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance cdif-20170331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 line items
Line Item Tag Value Unit Period
Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $870.58K USD Point-in-time
Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $827.30K USD Point-in-time
Convertible notes payable, discount DebtInstrumentUnamortizedDiscount $71.56K USD Point-in-time
Convertible notes payable, discount DebtInstrumentUnamortizedDiscount $21.83K USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 50.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 200.00M 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 36.09M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 25.22M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 25.22M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 36.09M shares Point-in-time
Cash Cash $62.95K USD Point-in-time
Cash Cash $164.11K USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $32.01K USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $60.23K USD Point-in-time
Inventory InventoryNet $42.23K USD Point-in-time
Inventory InventoryNet $42.23K USD Point-in-time
Prepaid and other PrepaidExpenseAndOtherAssetsCurrent $39.19K USD Point-in-time
Prepaid and other PrepaidExpenseAndOtherAssetsCurrent $36.99K USD Point-in-time
Total current assets AssetsCurrent $305.76K USD Point-in-time
Total current assets AssetsCurrent $174.18K USD Point-in-time
roperty and equipment, net of accumulated depreciation of $870,583 and $827,299, respectively PropertyPlantAndEquipmentNet $711.87K USD Point-in-time
roperty and equipment, net of accumulated depreciation of $870,583 and $827,299, respectively PropertyPlantAndEquipmentNet $748.11K USD Point-in-time
Land Land $603.00K USD Point-in-time
Land Land $603.00K USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $12.67K USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $12.27K USD Point-in-time
Deposits DepositAssets $6.95K USD Point-in-time
Deposits DepositAssets $1.53K USD Point-in-time
Due from related party DueFromRelatedPartiesNoncurrent $283.00 USD Point-in-time
Due from related party DueFromRelatedPartiesNoncurrent - USD Point-in-time
Goodwill Goodwill $932.53K USD Point-in-time
Goodwill Goodwill $932.53K USD Point-in-time
Total Assets Assets $2.57M USD Point-in-time
Total Assets Assets $2.47M USD Point-in-time
Accounts payable AccountsPayableCurrent $65.90K USD Point-in-time
Accounts payable AccountsPayableCurrent $116.26K USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $529.98K USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $501.89K USD Point-in-time
Accrued expenses - related parties AccountsPayableRelatedPartiesCurrent $1.19M USD Point-in-time
Accrued expenses - related parties AccountsPayableRelatedPartiesCurrent $1.32M USD Point-in-time
Interest payable InterestPayableCurrent $252.95K USD Point-in-time
Interest payable InterestPayableCurrent $231.45K USD Point-in-time
Accrued payroll taxes AccruedPayrollTaxesCurrent $41.78K USD Point-in-time
Accrued payroll taxes AccruedPayrollTaxesCurrent $42.40K USD Point-in-time
Due to officers and shareholders DueToOfficersOrStockholdersCurrent $95.54K USD Point-in-time
Due to officers and shareholders DueToOfficersOrStockholdersCurrent $503.13K USD Point-in-time
Line of credit LinesOfCreditCurrent $18.78K USD Point-in-time
Line of credit LinesOfCreditCurrent $10.00K USD Point-in-time
Common stock to be issued CommonStockToBeIssued $500.00 USD Point-in-time
Common stock to be issued CommonStockToBeIssued $500.00 USD Point-in-time
Preferred shares to be issued PreferredStockSharesSubscribedButUnissuedValue $10.00K USD Point-in-time
Preferred shares to be issued PreferredStockSharesSubscribedButUnissuedValue $728.91K USD Point-in-time
Notes payable, unrelated party LongTermDebtCurrent $259.32K USD Point-in-time
Notes payable, unrelated party LongTermDebtCurrent $242.53K USD Point-in-time
Notes payable - related party NotesPayableRelatedPartiesClassifiedCurrent $142.34K USD Point-in-time
Notes payable - related party NotesPayableRelatedPartiesClassifiedCurrent $166.69K USD Point-in-time
Convertible notes payable, net of debt discounts of $71,556 and $21,833, respectively ConvertibleNotesPayableCurrent $157.45K USD Point-in-time
Convertible notes payable, net of debt discounts of $71,556 and $21,833, respectively ConvertibleNotesPayableCurrent $293.94K 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 liability DerivativeLiabilitiesCurrent - USD Point-in-time
Derivative liability DerivativeLiabilitiesCurrent $1.47M USD Point-in-time
Tax payable TaxesPayableCurrent $21.94K USD Point-in-time
Tax payable TaxesPayableCurrent $23.44K USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.70M USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.07M USD Point-in-time
Common stock; 200,000,000 shares authorized with $0.001 par value; 36,089,183 and 25,223,578 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively CommonStockValue $25.22K USD Point-in-time
Common stock; 200,000,000 shares authorized with $0.001 par value; 36,089,183 and 25,223,578 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively CommonStockValue $36.09K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $43.82M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $43.83M USD Point-in-time
Retained deficit RetainedEarningsAccumulatedDeficit $-45.46M USD Point-in-time
Retained deficit RetainedEarningsAccumulatedDeficit $-45.99M USD Point-in-time
Total shareholders' equity (deficiency) StockholdersEquity $-1.60M USD Point-in-time
Total shareholders' equity (deficiency) StockholdersEquity $-2.12M USD Point-in-time
Total liabilities and shareholders' equity (deficiency) LiabilitiesAndStockholdersEquity $2.47M USD Point-in-time
Total liabilities and shareholders' equity (deficiency) LiabilitiesAndStockholdersEquity $2.57M USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Rental income OperatingLeasesIncomeStatementContingentRevenue $40.61K USD 1 Quarter
Rental income OperatingLeasesIncomeStatementContingentRevenue $46.01K USD 1 Quarter
Sales of pizza FoodAndBeverageRevenue $214.59K USD 1 Quarter
Sales of pizza FoodAndBeverageRevenue $134.24K USD 1 Quarter
Sales of ice cream OtherSalesRevenueNet $260.65K USD 1 Quarter
Sales of ice cream OtherSalesRevenueNet - USD 1 Quarter
Other OtherOperatingIncome $3.75K USD 1 Quarter
Other OtherOperatingIncome $18.09K USD 1 Quarter
Total revenue Revenues $273.30K USD 1 Quarter
Total revenue Revenues $444.64K USD 1 Quarter
Rental business CostOfPropertyRepairsAndMaintenance $29.97K USD 1 Quarter
Rental business CostOfPropertyRepairsAndMaintenance $33.62K USD 1 Quarter
Pizza restaurants CostOfGoodsAndServicesSold $106.90K USD 1 Quarter
Pizza restaurants CostOfGoodsAndServicesSold $94.30K USD 1 Quarter
Ice cream stores OtherCostOfOperatingRevenue - USD 1 Quarter
Ice cream stores OtherCostOfOperatingRevenue $151.31K USD 1 Quarter
Total cost of sales CostOfRevenue $279.23K USD 1 Quarter
Total cost of sales CostOfRevenue $136.87K USD 1 Quarter
GROSS MARGIN GrossProfit $165.42K USD 1 Quarter
GROSS MARGIN GrossProfit $136.42K USD 1 Quarter
OPERATING EXPENSES OperatingExpenses $330.83K USD 1 Quarter
OPERATING EXPENSES OperatingExpenses $610.74K USD 1 Quarter
GAIN (LOSS) FROM OPERATIONS OperatingIncomeLoss $-194.41K USD 1 Quarter
GAIN (LOSS) FROM OPERATIONS OperatingIncomeLoss $-445.32K USD 1 Quarter
(Loss) from extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-45.93K USD 1 Quarter
(Loss) from extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Change in value of derivative liability UnrealizedGainLossOnDerivatives $20.79K USD 1 Quarter
Change in value of derivative liability UnrealizedGainLossOnDerivatives $1.73K USD 1 Quarter
Interest expense InterestExpense $25.64K USD 1 Quarter
Interest expense InterestExpense $8.74K USD 1 Quarter
Amortization of debt discounts AmortizationOfDebtDiscountPremium $30.28K USD 1 Quarter
Amortization of debt discounts AmortizationOfDebtDiscountPremium - USD 1 Quarter
(Loss) from disposal of fixed assets GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
(Loss) from disposal of fixed assets GainLossOnSaleOfPropertyPlantEquipment $-2.44K USD 1 Quarter
Total other income (expenses) NonoperatingIncomeExpense $-81.05K USD 1 Quarter
Total other income (expenses) NonoperatingIncomeExpense $-9.45K USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $-203.86K USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $-526.38K USD 1 Quarter
INCOME (LOSS) PER COMMON SHARE - BASIC AND DILUTED EarningsPerShareBasicAndDiluted $-0.02 USD 1 Quarter
INCOME (LOSS) PER COMMON SHARE - BASIC AND DILUTED EarningsPerShareBasicAndDiluted $-0.02 USD 1 Quarter
Weighted average number of common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 30.15M shares 1 Quarter
Weighted average number of common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 9.53M shares 1 Quarter
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-203.86K USD 1 Quarter
Net income (loss) NetIncomeLoss $-526.38K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $43.69K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.96K USD 1 Quarter
Loss (gain) from disposal of fixed assets GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Loss (gain) from disposal of fixed assets GainLossOnSaleOfPropertyPlantEquipment $-2.44K USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-45.93K USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Amortization of loan discount AmortizationOfFinancingCostsAndDiscounts $30.28K USD 1 Quarter
Amortization of loan discount AmortizationOfFinancingCostsAndDiscounts - USD 1 Quarter
Change in value of derivative liabilities UnrealizedGainLossOnDerivatives $20.79K USD 1 Quarter
Change in value of derivative liabilities UnrealizedGainLossOnDerivatives $1.73K USD 1 Quarter
Stock based compensation ShareBasedCompensation $36.13K USD 1 Quarter
Stock based compensation ShareBasedCompensation $58.75K USD 1 Quarter
Warrants expenses FairValueAdjustmentOfWarrants - USD 1 Quarter
Warrants expenses FairValueAdjustmentOfWarrants $47.00K USD 1 Quarter
Convertible note issued for services rendered ConvertibleNoteIssuedForServicesRendered $80.00K USD 1 Quarter
Convertible note issued for services rendered ConvertibleNoteIssuedForServicesRendered $50.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable - USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $28.23K USD 1 Quarter
Deposits IncreaseDecreaseInDepositOtherAssets $7.00K USD 1 Quarter
Deposits IncreaseDecreaseInDepositOtherAssets $5.42K USD 1 Quarter
Prepaids and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.20K USD 1 Quarter
Prepaids and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $6.44K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $50.36K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-11.10K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $60.13K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $47.91K USD 1 Quarter
Interest payable IncreaseDecreaseInInterestPayableNet $8.74K USD 1 Quarter
Interest payable IncreaseDecreaseInInterestPayableNet $21.60K USD 1 Quarter
Tax payable IncreaseDecreaseInAccruedTaxesPayable $-1.50K USD 1 Quarter
Tax payable IncreaseDecreaseInAccruedTaxesPayable - USD 1 Quarter
Accrued payroll taxes IncreaseDecreaseInEmployeeRelatedLiabilities $-249.00 USD 1 Quarter
Accrued payroll taxes IncreaseDecreaseInEmployeeRelatedLiabilities $619.00 USD 1 Quarter
Accrued officers' salaries IncreaseDecreaseInAccruedSalaries $135.00K USD 1 Quarter
Accrued officers' salaries IncreaseDecreaseInAccruedSalaries $31.75K USD 1 Quarter
Net cash (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-23.39K USD 1 Quarter
Net cash (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-23.21K USD 1 Quarter
Advances - note receivable ProceedsFromSaleOfNotesReceivable $18.22K USD 1 Quarter
Advances - note receivable ProceedsFromSaleOfNotesReceivable - USD 1 Quarter
Purchase of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $3.97K USD 1 Quarter
Purchase of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $7.04K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-7.04K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $14.24K USD 1 Quarter
Due from related party RepaymentsOfRelatedPartyDebt $283.00 USD 1 Quarter
Due from related party RepaymentsOfRelatedPartyDebt - USD 1 Quarter
Due to related party ProceedsFromRelatedPartyDebt $19.70K USD 1 Quarter
Due to related party ProceedsFromRelatedPartyDebt $4.88K USD 1 Quarter
Proceeds from sales of stock ProceedsFromIssuanceOrSaleOfEquity $20.00K 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 $115.00K USD 1 Quarter
(Repayments to) notes payable - related party ProceedsFromRepaymentsOfRelatedPartyDebt $-10.50K USD 1 Quarter
(Repayments to) notes payable - related party ProceedsFromRepaymentsOfRelatedPartyDebt - USD 1 Quarter
Proceeds from line of credit ProceedsFromLinesOfCredit $8.78K USD 1 Quarter
Proceeds from line of credit ProceedsFromLinesOfCredit - USD 1 Quarter
(Repayments to) proceeds from notes payable ProceedsFromRepaymentsOfNotesPayable $461.00 USD 1 Quarter
(Repayments to) proceeds from notes payable ProceedsFromRepaymentsOfNotesPayable $-16.79K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $36.16K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $131.59K USD 1 Quarter
NET (DECREASE) IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $27.19K USD 1 Quarter
NET (DECREASE) IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $101.16K USD 1 Quarter
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $62.95K USD Point-in-time
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $58.75K USD Point-in-time
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $31.56K USD Point-in-time
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $164.11K USD Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD CashAndCashEquivalentsAtCarryingValue $62.95K USD Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD CashAndCashEquivalentsAtCarryingValue $58.75K 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 $164.11K USD Point-in-time
Interest paid InterestPaidNet $5.14K USD 1 Quarter
Interest paid InterestPaidNet - USD 1 Quarter
Income tax paid IncomeTaxesPaidNet - USD 1 Quarter
Income tax paid IncomeTaxesPaidNet - USD 1 Quarter
Common stock issued upon conversion of notes payable CommonStockIssuedUponConversionOfNotesPayable $5.00K USD 1 Quarter
Common stock issued upon conversion of notes payable CommonStockIssuedUponConversionOfNotesPayable $9.89K USD 1 Quarter
Series H preferred shares issued for Repicci Group SeriesHPreferredSharesIssuedForRepicciGroup - USD 1 Quarter
Series H preferred shares issued for Repicci Group SeriesHPreferredSharesIssuedForRepicciGroup $728.91K USD 1 Quarter
Conversion of preferred stock to common stock ConversionOfPreferredStockToCommonStock - USD 1 Quarter
Conversion of preferred stock to common stock ConversionOfPreferredStockToCommonStock $7.29K USD 1 Quarter
Derivative liabiliy at beginning of the year DerivativeLiabiliyAtBeginningOfYear - USD 1 Quarter
Derivative liabiliy at beginning of the year DerivativeLiabiliyAtBeginningOfYear $1.47M USD 1 Quarter
Reclassified Derivative liabilities to Additional Paid in Capital ReclassifiedDerivativeLiabilitiesToAdditionalPaidInCapital $12.22K USD 1 Quarter
Reclassified Derivative liabilities to Additional Paid in Capital ReclassifiedDerivativeLiabilitiesToAdditionalPaidInCapital $62.00K USD 1 Quarter

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

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