10-Q Filing

AVANT TECHNOLOGIES INC. CIK: 1740797 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001740797-18-000012`
Period End Date	20180630
Filing Date	20180725
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	none-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 6 Cash Flow Statement 9

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
JPMorgan Chase Bank, N.A.	`NotesPayableToBankCurrent`	$5.69K	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
JPMorgan Chase Bank, N.A.	`NotesPayableToBankCurrent`	$1.19K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	4.00M	shares	Point-in-time
Total Checking/Savings	`TotalCheckingsavings`	$1.19K	USD	Point-in-time
Total Checking/Savings	`TotalCheckingsavings`	$5.69K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	4.00M	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$1.90K	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$1.90K	USD	Point-in-time
Prepaid rent	`OtherAssetsCurrent`	$720.60	USD	Point-in-time
Prepaid rent	`OtherAssetsCurrent`	$63.30	USD	Point-in-time
Retainer Asset	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Retainer Asset	`OtherAssetsNoncurrent`	$55.11	USD	Point-in-time
Total Other Current Assets	`Assets`	$2.62K	USD	Point-in-time
Total Other Current Assets	`Assets`	$2.02K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$8.31K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.21K	USD	Point-in-time
TOTAL ASSETS	`AssetsNoncurrent`	$8.31K	USD	Point-in-time
TOTAL ASSETS	`AssetsNoncurrent`	$3.21K	USD	Point-in-time
Loan from Related Parties	`EmployeeRelatedLiabilitiesCurrent`	$5.05K	USD	Point-in-time
Loan from Related Parties	`EmployeeRelatedLiabilitiesCurrent`	$6.15K	USD	Point-in-time
Total Other Current Liabilities	`LiabilitiesCurrent`	$6.15K	USD	Point-in-time
Total Other Current Liabilities	`LiabilitiesCurrent`	$5.05K	USD	Point-in-time
Total Current Liabilities	`OtherLiabilitiesCurrent`	$5.05K	USD	Point-in-time
Total Current Liabilities	`OtherLiabilitiesCurrent`	$6.15K	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.15K	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.05K	USD	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized; 4,000,000 shares issued and outstanding	`CommonStockSharesIssued`	4,000.00	shares	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized; 4,000,000 shares issued and outstanding	`CommonStockSharesIssued`	4,000.00	shares	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.94K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-738.63	USD	Point-in-time
Total Stockholder's Equity (Deficit)	`StockholdersEquity`	$3.26K	USD	Point-in-time
Total Stockholder's Equity (Deficit)	`StockholdersEquity`	$-2.94K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$3.21K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$8.31K	USD	Point-in-time

Income Statement 6 line items

Line Item	Tag	Value	Unit	Period
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$6.20K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$6.20K	USD	1 Quarter
NET LOSS FROM OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-6.20K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-6.20K	USD	1 Quarter
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.76M	shares	1 Quarter

Cash Flow Statement 9 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$-6.20K	USD	1 Quarter
Prepaid rent	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$-657.30	USD	1 Quarter
Retainer Asset	`IncreaseDecreaseInDepositOtherAssets`	$-55.11	USD	1 Quarter
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.60K	USD	1 Quarter
Loan from Related Parties	`PaymentsForProceedsFromLoansAndLeases`	$1.10K	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.10K	USD	1 Quarter
Net cash increase for period	`CashPeriodIncreaseDecrease`	$-4.50K	USD	1 Quarter
Cash at beginning of period	`Cash_AtBeginningOfPeriod`	$5.69K	USD	Point-in-time
Cash at end of period	`Cash_AtEndOfPeriod`	$1.19K	USD	Point-in-time

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