$APSI
AQUA POWER SYSTEMS INC.

2015 Q1 Form 10-Q Financial Statement

#000114420415010604 Filed on February 18, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q4 2014 Q1
Revenue $260.00 $408.00 $561.00
YoY Change -53.65% -70.09% 67.46%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $18.86K $26.11K $40.00K
YoY Change -52.85% -12.97% 33.33%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00
YoY Change
% of Gross Profit
Operating Expenses $18.86K $26.11K $40.54K
YoY Change -53.48% -42.73% 27.89%
Operating Profit -$25.70K -$39.98K
YoY Change -41.88% 27.47%
Interest Expense -$2.090K $955.00 $167.00
YoY Change -1351.5%
% of Operating Profit
Other Income/Expense, Net $0.00 -$955.00
YoY Change
Pretax Income -$20.69K -$26.66K -$40.14K
YoY Change -48.46% -39.72% 28.0%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$20.69K -$26.66K -$40.14K
YoY Change -48.46% -39.72% 28.0%
Net Earnings / Revenue -7957.69% -6533.82% -7155.79%
Basic Earnings Per Share
Diluted Earnings Per Share -$128.40 -$165.50 -$248.30
COMMON SHARES
Basic Shares Outstanding 161.1M shares 161.1M shares 8.951M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 Q4 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.500K $150.00 $0.00
YoY Change -100.0%
Cash & Equivalents $145.00 $160.00
Short-Term Investments
Other Short-Term Assets $3.130K
YoY Change
Inventory
Prepaid Expenses $3.125K $0.00
Receivables $257.00 $388.00 $361.00
Other Receivables $266.0K $0.00 $0.00
Total Short-Term Assets $270.9K $533.00 $521.00
YoY Change 51893.09% -82.77% -97.96%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00 $0.00 $0.00
YoY Change -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $270.9K $533.00 $521.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $270.9K $533.00 $521.00
YoY Change 51893.09% -82.77% -99.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.93K $87.95K
YoY Change -56.87% 1342.72%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $320.9K $34.16K $10.00K
YoY Change 3108.5%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $366.3K $78.86K $120.0K
YoY Change 205.21% -1.43% 500.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $366.3K $78.86K $120.0K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $366.3K $78.86K $107.2K
YoY Change 241.76% -4.93% 409.05%
SHAREHOLDERS EQUITY
Retained Earnings -$486.1K -$465.4K -$382.2K
YoY Change 27.17% 34.31% 84.89%
Common Stock $390.7K $387.0K $275.6K
YoY Change 41.78% 45.16% 9.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$95.37K -$78.33K -$106.6K
YoY Change
Total Liabilities & Shareholders Equity $270.9K $533.00 $521.00
YoY Change 51893.09% -82.77% -99.2%

Cashflow Statement

Concept 2015 Q1 2014 Q4 2014 Q1
OPERATING ACTIVITIES
Net Income -$20.69K -$26.66K -$40.14K
YoY Change -48.46% -39.72% 28.0%
Depreciation, Depletion And Amortization $0.00 $0.00
YoY Change
Cash From Operating Activities -$18.12K -$13.98K -$10.00K
YoY Change 81.2% -66.67%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$266.0K $0.00
YoY Change -100.0%
Cash From Investing Activities -$266.0K $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 285.5K 12.36K 10.00K
YoY Change 2754.9%
NET CHANGE
Cash From Operating Activities -18.12K -13.98K -10.00K
Cash From Investing Activities -266.0K 0.000
Cash From Financing Activities 285.5K 12.36K 10.00K
Net Change In Cash 1.370K -1.620K 0.000
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities -$18.12K -$13.98K -$10.00K
Capital Expenditures $0.00
Free Cash Flow -$10.00K
YoY Change -66.67%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
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8000 USD
apsi Accounts Payable Balance Forgiveness By Non Related Party
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10567 USD
dei Document Type
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10-Q
dei Amendment Flag
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false
dei Document Period End Date
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dei Document Fiscal Year Focus
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dei Document Fiscal Period Focus
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AQUA POWER SYSTEMS INC.
dei Entity Central Index Key
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0001553264
dei Current Fiscal Year End Date
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--03-31
dei Entity Filer Category
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Smaller Reporting Company
dei Trading Symbol
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APSI
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us-gaap Operating Expenses
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us-gaap Operating Income Loss
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2013Q4 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Earnings Per Share Basic And Diluted
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us-gaap Earnings Per Share Basic And Diluted
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CY2014Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2013Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
161124318 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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9685 USD
us-gaap Depreciation
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us-gaap Depreciation
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Gain Loss On Sales Of Loans Net
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18567 USD
us-gaap Gain Loss On Sales Of Loans Net
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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726 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Deferred Revenue
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us-gaap Increase Decrease In Deferred Revenue
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-5524 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
15363 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
20000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
101799 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
137162 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
0 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-15 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5524 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7271 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1747 USD
us-gaap Interest Paid
InterestPaid
0 USD
us-gaap Interest Paid
InterestPaid
0 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD

Files In Submission

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0001144204-15-010604-index-headers.html Edgar Link pending
0001144204-15-010604-index.html Edgar Link pending
0001144204-15-010604.txt Edgar Link pending
0001144204-15-010604-xbrl.zip Edgar Link pending
apsi-20141231.xml Edgar Link completed
apsi-20141231.xsd Edgar Link pending
apsi-20141231_cal.xml Edgar Link unprocessable
apsi-20141231_def.xml Edgar Link unprocessable
apsi-20141231_lab.xml Edgar Link unprocessable
apsi-20141231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
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report.css Edgar Link pending
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v401731_10q.htm Edgar Link pending
v401731_ex31-1.htm Edgar Link pending
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