$CBDY
Target Group Inc.

2016 Q3 Form 10-Q Financial Statement

#000114420416118397 Filed on August 11, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2015 Q4
Revenue $519.00 $4.500K $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $130.0K $100.0K $100.0K
YoY Change 30.0% 11.11% -16.67%
% of Gross Profit
Research & Development $35.65K $38.77K $180.0K
YoY Change 124.22% 184.02% 260.0%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $885.9K $269.7K $2.320M
YoY Change 327.7% 137.01% 1264.71%
Operating Profit
YoY Change
Interest Expense $25.17K $19.02K $0.00
YoY Change 6738.86% 5994.87%
% of Operating Profit
Other Income/Expense, Net $710.0K $20.00K $0.00
YoY Change
Pretax Income -$1.536M -$286.8K -$2.320M
YoY Change 640.06% 150.62% 866.67%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.536M -$286.8K -$2.320M
YoY Change 640.06% 150.62% 866.67%
Net Earnings / Revenue -295884.59% -6373.64%
Basic Earnings Per Share
Diluted Earnings Per Share -$51.33M -$9.333M -$232.0M
COMMON SHARES
Basic Shares Outstanding 22.60M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2016 Q2 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.00K $90.00K $0.00
YoY Change
Cash & Equivalents $23.42K $85.41K $838.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $0.00
Receivables $519.00 $0.00
Other Receivables $0.00
Total Short-Term Assets $23.94K $85.41K $838.00
YoY Change 3414.94% -22.69%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets -$3.941K $4.587K $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $23.94K $85.41K $838.00
Total Long-Term Assets -$3.941K $4.587K $0.00
Total Assets $20.00K $90.00K $838.00
YoY Change 3603.7% -22.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $470.0K $520.0K $400.0K
YoY Change -16.07% 36.84% 60.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $440.0K $380.0K $12.50K
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.740M $1.280M $1.089M
YoY Change 145.07% 153.36% 289.38%
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 $1.740M $1.280M $1.089M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.740M $1.280M $1.089M
YoY Change 145.07% 153.36% 289.38%
SHAREHOLDERS EQUITY
Retained Earnings -$3.107M
YoY Change 765.54%
Common Stock $2.627M $2.019M
YoY Change 2410.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.720M -$1.190M -$1.088M
YoY Change
Total Liabilities & Shareholders Equity $20.00K $90.00K $838.00
YoY Change -22.69%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2015 Q4
OPERATING ACTIVITIES
Net Income -$1.536M -$286.8K -$2.320M
YoY Change 640.06% 150.62% 866.67%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$160.0K -$140.0K -$60.00K
YoY Change 433.33% 250.0% 500.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 100.0K 30.00K 60.00K
YoY Change 233.33% -25.0%
NET CHANGE
Cash From Operating Activities -160.0K -140.0K -60.00K
Cash From Investing Activities 0.000
Cash From Financing Activities 100.0K 30.00K 60.00K
Net Change In Cash -60.00K -110.0K 0.000
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities -$160.0K -$140.0K -$60.00K
Capital Expenditures $0.00
Free Cash Flow -$60.00K
YoY Change

Facts In Submission

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us-gaap Earnings Per Share Basic And Diluted
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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 Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
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us-gaap Proceeds From Issuance Of Other Long Term Debt
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us-gaap Proceeds From Issuance Of Other Long Term Debt
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us-gaap Proceeds From Repayments Of Related Party Debt
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dei Entity Incorporation Date Of Incorporation
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dei Document Type
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dei Amendment Flag
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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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dei Entity Registrant Name
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Chess Supersite Corp
dei Entity Central Index Key
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0001586554
dei Current Fiscal Year End Date
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dei Entity Filer Category
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dei Trading Symbol
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CY2016Q3 dei Entity Common Stock Shares Outstanding
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us-gaap Prior Period Reclassification Adjustment Description
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b>Reclassification of comparative figures</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Certain of the prior period figures have been reclassified to align with Management&#8217;s current view of the Company&#8217;s operations.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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Files In Submission

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0001144204-16-118397-index-headers.html Edgar Link pending
0001144204-16-118397-index.html Edgar Link pending
0001144204-16-118397.txt Edgar Link pending
0001144204-16-118397-xbrl.zip Edgar Link pending
chzp-20160630.xml Edgar Link completed
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chzp-20160630_cal.xml Edgar Link unprocessable
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chzp-20160630_pre.xml Edgar Link unprocessable
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