Unleashed Inc.
CIK:0001666114|SEC Filings
Condensed Statements of Comprehensive Loss (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Jun. 30, 2018 |
Jun. 30, 2017 |
|
| Income Statement [Abstract] | ||
| Revenues | $ 183 | |
| Cost of Goods Sold | 85 | |
| Gross Profit (Loss) | 98 | |
| Operating Expenses | ||
| Depreciation expense | 78 | 73 |
| General and administrative expenses | 815 | 495 |
| Professional Fees | 14,967 | 1,120 |
| Total Operating Expenses | 15,860 | 1,688 |
| Loss before Provision for Income Taxes | (15,860) | (1,590) |
| Provision for Income Taxes | ||
| Net Loss | (15,860) | (1,590) |
| Other Comprehensive Income (Loss) | ||
| Foreign currency translation adjustment | (874) | 1,952 |
| Total Comprehensive Loss | $ (16,734) | $ 362 |
| Net Loss per Share: Basic and Diluted | $ (0.00) | $ (0.00) |
| Weighted Average Number of Shares Outstanding: Basic and Diluted | 28,070,000 | 28,044,945 |
Condensed Statements of Cash Flows (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Jun. 30, 2018 |
Jun. 30, 2017 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss | $ (15,860) | $ (1,590) |
| Adjustments to reconcile net loss to net cash used in operating activities | ||
| Depreciation and amortization expense | 78 | 73 |
| Changes in: | ||
| Accounts payable | 8,607 | 790 |
| Inventories | 81 | |
| Net cash (used in) operating activities | (7,175) | (646) |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Net cash used in investing activities | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Payment of investor loan | (3,360) | |
| Proceeds from sale of common stock | 3,950 | |
| Net cash provided by financing activities | 590 | |
| Effect of exchange rate changes on cash | (1,505) | 1,272 |
| Changes in cash during the period | (8,680) | 1,216 |
| Cash at beginning of period | 25,805 | 39,863 |
| Cash at end of period | 17,125 | 41,079 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||
| Cash paid for taxes | ||
| Cash paid for interest | ||
Condensed Balance Sheets - USD ($) |
Jun. 30, 2018 |
Mar. 31, 2018 |
|---|---|---|
| Current Assets | ||
| Cash | $ 17,125 | $ 25,805 |
| Inventories | 850 | 904 |
| Total Current Assets | 17,975 | 26,709 |
| Fixed Assets | ||
| Property and Equipment, net of accumulated depreciation of $1,082 and $668, respectively. | 136 | 225 |
| TOTAL ASSETS | 18,111 | 26,934 |
| Current Liabilities | ||
| Accounts payable | 15,705 | 7,997 |
| Total Current Liabilities | 15,705 | 7,997 |
| Total Liabilities | 15,705 | 7,997 |
| Commitment & Contingencies | ||
| Stockholders' Equity | ||
| Common stock, $0.001 par value, 100,000,000 shares authorized; 28,070,000 and 28,070,000 issued and outstanding as of June 30, 2018 and March 31, 2018 respectively | 28,070 | 28,070 |
| Additional paid-in capital | 54,615 | 54,615 |
| Accumulated deficit | (79,231) | (63,371) |
| Accumulated other comprehensive loss | (1,048) | (377) |
| Total Stockholders' Equity | 2,406 | 18,937 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 18,111 | $ 26,934 |