Kaskad Corp.
CIK:0001680228|SEC Filings
Statement of operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Feb. 28, 2018 |
Feb. 28, 2017 |
Feb. 28, 2018 |
Feb. 28, 2017 |
|
| Income Statement [Abstract] | ||||
| REVENUES | $ 8,050 | $ 630 | $ 24,100 | $ 7,330 |
| Cost of Goods Sold | 475 | 22 | 1,399 | 374 |
| Gross Profit | 7,575 | 608 | 22,701 | 6,956 |
| OPERATING EXPENSES | ||||
| Professional Fees | 9,004 | 2,404 | 18,229 | 9,128 |
| General and Administrative Expenses | 5,696 | 9,052 | 8,371 | 11,835 |
| TOTAL OPERATING EXPENSES | (14,700) | (11,456) | (26,600) | (20,963) |
| NETLOSS) FROM OPERATIONS | (7,125) | (10,848) | (3,899) | (14,007) |
| PROVISION FOR INCOME TAXES | ||||
| NET INCOME (LOSS) | $ (7,125) | $ (10,848) | $ (3,899) | $ (14,007) |
| NET LOSS PER SHARE: BASIC AND DILUTED | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED | 5,834,000 | 5,759,674 | 5,834,000 | 5,409,068 |
Statement of cash flows (Unaudited) - USD ($) |
9 Months Ended | |
|---|---|---|
Feb. 28, 2018 |
Feb. 28, 2017 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss for the period | $ (3,899) | $ (14,007) |
| Adjustments to reconcile net loss to net cash (used in) operating activities: | ||
| Depreciation | 1,788 | 826 |
| Decrease/increase in Prepaid Expenses | 1,935 | (5,284) |
| Decrease/increase in Inventory | 396 | (2,066) |
| Decrease in Accounts Payable | (1,068) | |
| CASH FLOWS USED IN OPERATING ACTIVITIES | 220 | (21,599) |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Purchase of Equipment | (2,172) | (6,460) |
| CASH FLOWS USED IN INVESTING ACTIVITIES | (2,172) | (6,460) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Related Party Loans | 5,700 | |
| Proceeds from sale of common stock | 24,989 | |
| CASH FLOWS PROVIDED BY FINANCING ACTIVITIES | 30,689 | |
| NET DECREASE/INCREASE IN CASH | (1,952) | 2,630 |
| Cash, beginning of period | 1,952 | 2,417 |
| Cash, end of period | 0 | 5,047 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||
| Interest paid | 0 | 0 |
| Income taxes paid | $ 0 | $ 0 |
Balance sheet (Unaudited) - USD ($) |
Feb. 28, 2018 |
May 30, 2017 |
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $ 1,952 | |
| Inventory | 1,519 | 1,915 |
| Prepaid expenses | 2,705 | 4,640 |
| Total Current Assets | 4,224 | 8,507 |
| Fixed Assets | ||
| Equipment/Website, net | 8,770 | 8,387 |
| Total Fixed Assets | 8,770 | 8,387 |
| Total Assets | 12,994 | 16,894 |
| Current Liabilities | ||
| Notes Payable – Related Party | 5,800 | 5,800 |
| Total Current Liabilities | 5,800 | 5,800 |
| Total Liabilities | 5,800 | 5,800 |
| Stockholder's Equity | ||
| Common stock, $0.001 par value; 75,000,000 shares authorized, 5,834,000 shares issued and outstanding | 5,834 | 5,834 |
| Additional paid in capital | 24,155 | 24,155 |
| Accumulated income (deficit) | (22,795) | (18,895) |
| Total Stockholder's Equity | 7,194 | 11,094 |
| Total Liabilities and Stockholder's Equity | $ 12,994 | $ 16,894 |