INFRASTRUCTURE DEVELOPMENTS CORP.
CIK:0001389415|SEC Filings
Consolidated Statements of Operations - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
|
| Revenues: | ||||
| Sale of Wing House | $ 90,000 | |||
| Total Revenues | 90,000 | |||
| Direct costs - Cost of Goods Sold | 68,000 | |||
| Gross Profit | 22,000 | |||
| Operating expenses: | ||||
| General, selling and administrative expenses | $ 7,537 | $ 66,610 | 20,916 | $ 93,434 |
| Salaries and wages | 6,000 | 9,000 | ||
| Total operating expenses | 13,537 | 66,610 | 29,916 | 93,434 |
| Income (Loss) from operations | (13,537) | (66,610) | (7,916) | (93,434) |
| Other income (expense): | ||||
| Interest Income/(Expense) | (3,921) | (12,344) | (3,921) | |
| Gain on ISI Thailand Payable Write-off | 8,575 | |||
| Gain on Conversion of Debt | 4,500 | |||
| Income on Battery Bank Backup System | 5,650 | 5,650 | ||
| Total other income (expense) | 1,729 | 731 | 1,729 | |
| NET INCOME/(LOSS) | $ (13,537) | $ (64,881) | $ (7,184) | $ (91,705) |
Consolidated Balance Sheets - USD ($) |
Sep. 30, 2016 |
Dec. 31, 2015 |
|---|---|---|
| Current assets: | ||
| Cash | $ 130 | $ 6,931 |
| Receivables, net | 31,056 | |
| Other current assets | 4,686 | 4,386 |
| Total current assets | 35,872 | 11,317 |
| Property and equipment, net | 76,500 | |
| Total Assets | 35,872 | 87,817 |
| Current liabilities: | ||
| Notes Payable | 163,782 | |
| Accrued expenses and other current liabilities | 49,995 | 120,377 |
| Total current liabilities | 49,995 | 284,159 |
| Total liabilities | 49,995 | 284,159 |
| Shareholders' Equity | ||
| Common Stock Authorized: 3,000,000,000 Common shares $0.001 par value Issued: 1,186,194,524 shares | 1,186,195 | 996,791 |
| Additional paid-in capital | (952,381) | (952,381) |
| Retained earnings | (247,936) | (240,752) |
| Stockholders Equity | (14,123) | (196,342) |
| Total Liabilities and Stockholders' Equity | $ 35,872 | $ 87,817 |