3D Total Solutions Inc.

CIK:0001595326|SEC Filings

Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
Consolidated Statements of Operations - USD ($)	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenue	$ 0	$ 0	$ 0	$ 0
OPERATING EXPENSES
Compensation	59,916	4,500	75,582	58,083
Professional fees	7,500	15,620	35,000	21,350
Research and development	0	272	0	7,003
Consulting	0	0	267,130	153,750
General and administrative expenses	6,412	11,493	19,180	39,780
Total operating expenses	73,828	31,885	396,892	279,966
LOSS FROM OPERATIONS	(73,828)	(31,885)	(396,892)	(279,966)
OTHER (INCOME) EXPENSE
Interest expense - related party	538	859	1,635	1,174
Other (income) expense, net	538	859	1,635	1,174
LOSS BEFORE INCOME TAX PROVISION	(74,366)	(32,744)	(398,527)	(281,140)
INCOME TAX PROVISION	0	0	0	0
NET LOSS
Net loss before non-controlling interest	(74,366)	(32,744)	(398,527)	(281,140)
Net loss attributable to non-controlling interest holder	0	0	0	(7,124)
Net loss attributable to 3D Total Solutions, Inc.	$ (74,366)	$ (32,744)	$ (398,527)	$ (274,016)
EARNINGS PER SHARE
- BASIC AND DILUTED: (in dollars per share)	$ (0.00)	$ (0.00)	$ (0.02)	$ (0.02)
Weighted average common shares outstanding
- basic and diluted (in shares)	19,376,199	16,643,600	18,735,993	17,351,033

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Sep. 30, 2015	Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss before non-controlling interest	$ (398,527)	$ (281,140)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation expense	642	678
Amortizatiion	1,287	0
Common shares issued for employee services	62,082	201,249
Common shares issued for third party services	262,500	0
Changes in operating assets and liabilities:
Prepaid expenses	0	2,000
Accounts payable	(2,612)	6,858
Accrued expenses	37,111	(1,782)
NET CASH USED IN OPERATING ACTIVITIES	(37,517)	(72,137)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of office equipment	0	(3,244)
Patent application costs	0	(9,340)
Website development costs	0	(1,545)
NET CASH USED IN INVESTING ACTIVITIES	0	(14,129)
CASH FLOWS FROM FINANCING ACTIVITIES:
Note payable - related party	0	57,500
Advances from related party	13,775	0
Sale of common stock	19,800	26,400
NET CASH PROVIDED BY FINANCING ACTIVITIES	33,575	83,900
NET CHANGE IN CASH	(3,942)	(2,366)
Cash at beginning of reporting period	4,266	6,559
Cash at end of reporting period	324	4,193
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Interest paid	533	1,174
Income tax paid	$ 0	$ 0

Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash	$ 324	$ 4,266
Total Current Assets	324	4,266
OFFICE EQUIPMENT
Office equipment	4,286	4,286
Accumulated depreciation	(1,673)	(1,031)
Office equipment, net	2,613	3,255
PATENT APPLICATION COSTS	36,000	36,000
WEBSITE DEVELOPMENT COSTS
Website development costs	5,145	5,145
Accumulated amortization	(1,716)	(429)
Website development costs, net	3,429	4,716
Total Assets	42,366	48,237
CURRENT LIABILITIES
Accounts payable	11,926	14,538
Accrued expenses	37,435	324
Advances from related party	21,275	7,500
Note payable - related party	76,131	76,131
Total Current Liabilities	146,767	98,493
Total Liabilities	$ 146,767	$ 98,493
COMMITMENTS AND CONTINGENCIES
3D TOTAL SOLUTIONS, INC. STOCKHOLDERS' DEFICIT
Common stock par value $0.0001: 500,000,000 shares authorized; 19,376,199 and 17,996,999 shares issued and outstanding, respectively	$ 1,938	$ 1,800
Additional paid-in capital	759,316	415,072
Accumulated deficit	(843,150)	(444,623)
Total 3D Total Solutions, Inc. Stockholders' Deficit	(81,894)	(27,749)
NON-CONTROLLING INTEREST IN SUBSIDIARY
Total Non-controlling interest in subsidiary	(22,507)	(22,507)
Total Deficit	(104,401)	(50,256)
Total Liabilities and Deficit	42,366	48,237
Capital Stock In Consolidated Subsidiary [Member]
NON-CONTROLLING INTEREST IN SUBSIDIARY
Total Non-controlling interest in subsidiary	0	0
Retained Earnings In Consolidated Subsidiary [Member]
NON-CONTROLLING INTEREST IN SUBSIDIARY
Total Non-controlling interest in subsidiary	(22,507)	(22,507)
Series A Convertible Preferred Stock [Member]
3D TOTAL SOLUTIONS, INC. STOCKHOLDERS' DEFICIT
Preferred Stock, Value, Issued	$ 2	$ 2