nycaMedia, Inc.

CIK:0001529433|SEC Filings

CONDENSED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended		44 Months Ended
CONDENSED STATEMENTS OF OPERATIONS (USD $)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012
REVENUES	$ 141,803	$ 118,169	$ 564,568
COST OF REVENUES	60,762	55,287	285,488
GROSS PROFIT	81,041	62,882	279,080
OPERATING EXPENSES
General and Administrative	76,841	79,811	249,412
Selling	1,751	1,122	21,744
Professional Fees	119,927	85,087	208,778
TOTAL OPERATING EXPENSES	198,519	166,020	479,934
NET INCOME (LOSS) BEFORE OTHER EXPENSE	(117,478)	(103,138)	(200,854)
OTHER INCOME (EXPENSE)
Interest expense	(2,250)	(785)	(3,035)
TOTAL OTHER INCOME (EXPENSE)	(2,250)	(785)	(3,035)
NET INCOME (LOSS) BEFORE INCOME TAXES	(119,728)	(103,923)	(203,889)
INCOME TAX (BENEFIT) EXPENSE	(14,152)	(13,886)	(18,476)
NET INCOME (LOSS)	$ (105,576)	$ (90,037)	$ (185,413)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING (in Shares)	5,725,738	5,000,000
BASIC AND DILUTED NET INCOME (LOSS) PER COMMON SHARE (in Dollars per share)	$ (0.02)	$ (0.02)

STATEMENTS OF CASH FLOW (USD $)	9 Months Ended	12 Months Ended	44 Months Ended
STATEMENTS OF CASH FLOW (USD $)	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (90,037)	$ (105,576)	$ (185,413)
to net cash used in operating activities:
Depreciation expense	3,953	4,720	10,879
Common stock issued for services	0	0	5,000
Additional paid-in capital in exchange for facilities provided by related party	2,400	2,400	8,800
Change in assets and liabilities
(Increase) Decrease in accounts receivable	1,426	2,674	(400)
(Increase) Decrease in other receivable	7,529	0	0
Increase (Decrease) in deferred tax asset	(15,192)	(14,153)	(29,840)
Increase (Decrease) in accounts payable and accrued expenses	66,184	73,642	145,616
Increase (Decrease) in income tax payable	(5,772)	0	0
(Decrease) in deferred tax liability	0	0	0
Increase (Decrease) in deferred tax liability - non current	(333)	0	1,802
Net cash provided by (used in) operating activities	(29,842)	(36,293)	(43,556)
CASH FLOWS USED IN INVESTING ACTIVITIES:
Purchase of property and equipment	(4,085)	0	(15,248)
Net cash (used in) investing activities	(4,085)	0	(15,248)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds received from note payable	24,000	0	24,000
Proceeds received from issuance of common stock	0	41,202	41,202
Net cash provided by financing activities	24,000	41,202	65,202
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(9,927)	4,909	6,398
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	11,416	1,489
CASH AND CASH EQUIVALENTS - END OF PERIOD	1,489	6,398	6,398
Cash paid during the period for:
Interest	0	0
Taxes	3,472	0
SUPPLEMENTAL NONCASH INVESTING AND FINANCING ACTIVITIES:
Shares issued for services	$ 0	$ 0

CONDENSED BALANCE SHEET (USD $)	Dec. 31, 2012	Dec. 31, 2011
CURRENT ASSETS
Cash	$ 6,398	$ 1,489
Accounts receivable	400	3,074
Deferred tax asset	29,839	15,687
Total current assets	36,637	20,250
Property and Equipment, Net	4,368	9,088
TOTAL ASSETS	41,005	29,338
CURRENT LIABILITIES
Accounts payable and Accrued liabilities	147,115	73,474
Note payable	22,500	22,500
Total current liabilities	169,615	95,974
Deferred tax liability - non current	1,801	1,801
TOTAL LIABILITIES	171,416	97,775
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock; $.001 par value; 50,000,000 shares authorized; 5,824,038 and 5,000,000 shares issued and outstanding as of December 31, 2012 and December 31, 2011, respectively	5,824	5,000
Preferred stock; $.001 par value; 5,000,000 shares authorized; zero shares issued and outstanding as of Dece,ber 31, 2012 and December 31, 2011, respectively	0	0
Additional paid-in capital	49,178	6,400
Accumulated deficit	(185,413)	(79,837)
Total stockholders' equity (deficit)	(130,411)	(68,437)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 41,005	$ 29,338