Anutra Corp

CIK:0001693686|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Sales revenue	$ 11,598	$ 113,629	$ 86,064	$ 230,138
Cost of goods sold
Cost of goods	3,388	41,477	34,419	80,548
Freight and shipping	4,926	3,163	13,359	11,731
Cost of Revenue	8,314	44,640	47,778	92,279
Gross profit	3,284	68,989	38,286	137,859
Sales and marketing expenses	5,210	7,025	22,821	10,907
General and administrative	389,901	26,685	980,306	70,142
Total operating expenses	395,111	33,710	1,003,127	81,049
Income (loss) before provision for income taxes	(391,827)	35,279	(964,841)	56,810
Other income (expense)
Retained customer deposit		25,901		74,432
Interest expense	(5,134)		(14,646)
Income (loss) before income taxes	(396,961)	61,180	(979,487)	131,242
Provision for income taxes
Net income (loss)	$ (396,961)	$ 61,180	$ (979,487)	$ 131,242
Income (loss) per share - basic and diluted	$ (0.02)	$ 0.00	$ (0.05)	$ 0.01
Weighted average shares - basic and diluted	25,981,552	20,000,000	20,812,308	20,000,000

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Cash received from customers	$ 105,157	$ 231,345
Cash paid to suppliers and employees	(208,893)	(284,796)
Interest paid	(5,134)
Net cash used in operating activities	(108,870)	(53,451)
Cash flows from investing activities
Purchase of equipment		(650)
Net cash used in investing activities		(650)
Cash flows from financing activities
Issuance of common stock shares	500,000
Proceeds from note payable	50,000	99,475
Distributions to member		(56,894)
Net cash provided by financing activities	550,000	42,581
Net increase (decrease) in cash and cash equivalents	441,130	(11,520)
Cash and cash equivalents, beginning of period	94,378	14,673
Cash and cash equivalents, end of period	535,508	3,153
Reconciliation of net income (loss) to net cash used in operating activities:
Net income (loss)	(979,487)	131,242
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation	786	662
Allowance for doubtful accounts	(6,890)	4,246
Amortization of prepaid expense	80,000
Changes in operating assets and liabilities:
Accounts receivable	18,983	(77,471)
Inventory	5,561	(23,805)
Prepaid expense		(80,000)
Accounts payable and accrued expenses	98,527	(8,325)
Patent license fee payable to a related party	666,650
Customer deposits	7,000
Net cash used in operating activities	$ (108,870)	$ (53,451)

Consolidated Balance Sheets - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Current assets
Cash	$ 535,508	$ 94,378
Accounts receivable, net	2,962	15,055
Inventory	156,786	162,347
Prepaid expense		80,000
Total current assets	695,256	351,780
Equipment, net	5,985	6,771
Other assets
Security deposits	3,300	3,300
Total assets	704,541	361,851
Current liabilities
Accounts payable	168,797	84,608
Accrued expenses	19,548	5,210
Patent license fee payable to a related party	666,650
Customer deposits	22,000	15,000
Note payable	50,000	50,000
Total current liabilities	926,995	154,818
Long-term liabilities
Notes payable	111,500	61,500
Notes payable, related parties	40,000	40,000
Total long-term liabilities	151,500	101,500
Total liabilities	1,078,495	256,318
Stockholders' equity (deficit)
Common stock, $.0001 par value, 100,000,000 shares authorized, 26,223,400 and 20,000,000 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively	2,622	2,000
Additional paid-in capital	501,229	1,851
Retained earnings (accumulated deficit)	(877,805)	101,682
Total stockholders' equity (deficit)	(373,954)	105,533
Total liabilities and stockholders' equity (deficit)	$ 704,541	$ 361,851