American Xanthan Corp
CIK:0001600249|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - Jun. 30, 2015 - USD ($) |
Total |
Total |
|---|---|---|
| Income Statement [Abstract] | ||
| Revenues | $ 0 | $ 0 |
| Expenses | ||
| Services contributed by officers | 0 | 0 |
| Professional fees | 25,000 | 25,000 |
| Organizational expenses | 0 | 0 |
| Other general and administrative expenses | 0 | 0 |
| Total operating expenses | 25,000 | 25,000 |
| Loss from operations | (25,000) | (25,000) |
| Other income (expense) | 0 | 0 |
| (Loss) before taxes | (25,000) | (25,000) |
| Provision (credit) for taxes on income | 0 | 0 |
| Net (loss) | $ (25,000) | $ (25,000) |
| Basic earnings (loss) per common share | $ 0.00 | $ 0.00 |
| Weighted average number of shares outstanding | 25,500,000 | 25,500,000 |
Condensed Consolidated Statements of Cash Flows (Unaudited) - Jun. 30, 2015 - USD ($) |
Total |
Total |
|---|---|---|
| Cash flows from operating activities | ||
| Net (loss) | $ (25,000) | $ (25,000) |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | 0 | 0 |
| Net cash flows from operating activities | 0 | 0 |
| Cash flows from financing activities | ||
| Proceeds from sale of common stock | 0 | 115,000 |
| Less appicable expenses | 0 | (14,000) |
| Net cash flows provided by financing activities: | 0 | 101,000 |
| Net increase in cash | 0 | 95,000 |
| Cash and equivalents - beginning of period | 70,000 | 0 |
| Cash and equivalents- end of period | 70,000 | 70,000 |
| Supplemental cash flow disclosures: | ||
| Cash paid for interest | 0 | 0 |
| Cash paid for income taxes | $ 0 | $ 0 |
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) |
Jun. 30, 2015 |
Dec. 31, 2014 |
|---|---|---|
| Current assets: | ||
| Cash | $ 70,000 | $ 70,000 |
| Prepaid expenses | 0 | 0 |
| Total current assets | 70,000 | 70,000 |
| Total other assets | 70,000 | 70,000 |
| Total assets | 70,000 | 70,000 |
| Current liabilities: | ||
| Accounts payable, related parties | 0 | 0 |
| Total current liabilities | 0 | 0 |
| STOCKHOLDERS EQUITY | ||
| Common stock, $0.0001 par value, 500,000,000 authorized, 25,500,000 shares issued and outstanding | 2,550 | 2,550 |
| Capital in excess of par value | 92,450 | 92,450 |
| Accumulated deficit | (25,000) | (25,000) |
| Total stockholders' equity | 70,000 | 70,000 |
| Total liabilities and stockholders' equity | $ 70,000 | $ 70,000 |