$FNGR
FingerMotion, Inc.

2019 Q3 Form 10-Q Financial Statement

#000143774919014362 Filed on July 22, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2019 Q1
Revenue $2.039M $933.3K $689.2K
YoY Change 2573.43% 409.62% 213.27%
Cost Of Revenue $1.833M $851.6K $490.5K
YoY Change 3455.56% 458.43% 172.51%
Gross Profit $206.7K $81.63K $198.7K
YoY Change 735.58% 166.55% 396.7%
Gross Profit Margin 10.14% 8.75% 28.83%
Selling, General & Admin $977.3K $1.099M $2.228M
YoY Change 414.36% 292.36% 156.06%
% of Gross Profit 472.74% 1345.89% 1121.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.33K $11.02K $1.064K
YoY Change -71.68% -78.0% 1122.99%
% of Gross Profit 5.48% 13.5% 0.54%
Operating Expenses $978.8K $1.100M $2.229M
YoY Change 341.55% 237.34% 142.31%
Operating Profit -$772.1K -$1.018M -$2.031M
YoY Change 292.05% 244.68% 130.74%
Interest Expense -$840.00 $4.819K -$9.650K
YoY Change -109.46% -3.1%
% of Operating Profit
Other Income/Expense, Net $6.400K $19.19K -$10.00
YoY Change
Pretax Income -$766.6K -$1.013M -$1.977M
YoY Change 248.43% 249.18% 124.61%
Income Tax
% Of Pretax Income
Net Earnings -$766.6K -$1.013M -$1.977M
YoY Change 271.27% 246.45% 124.61%
Net Earnings / Revenue -37.59% -108.5% -286.79%
Basic Earnings Per Share -$0.04
Diluted Earnings Per Share -$29.70K -$0.04 -$43.08K
COMMON SHARES
Basic Shares Outstanding 25.37M 25.37M
Diluted Shares Outstanding 25.16M

Balance Sheet

Concept 2019 Q3 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $553.2K $151.6K $1.337M
YoY Change 2665.95% 1416.2% 13272.5%
Cash & Equivalents $151.6K $1.337M
Short-Term Investments
Other Short-Term Assets $3.692M $4.058M $2.571M
YoY Change 669.25% 914.39% 6326.8%
Inventory
Prepaid Expenses $2.438M $1.333M
Receivables $1.210M $606.4K $493.8K
Other Receivables $550.5K $173.3K $25.31K
Total Short-Term Assets $6.006M $4.989M $4.427M
YoY Change 547.81% 500.9% 906.53%
LONG-TERM ASSETS
Property, Plant & Equipment $45.43K $15.66K $10.61K
YoY Change 3099.3% 939.28% 565.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $45.43K $51.54K $10.60K
YoY Change 1477.43% -23314.86%
TOTAL ASSETS
Total Short-Term Assets $6.006M $4.989M $4.427M
Total Long-Term Assets $45.43K $51.54K $10.60K
Total Assets $6.051M $5.040M $4.438M
YoY Change 550.69% 507.27% 908.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.896M $1.965M $1.239M
YoY Change 291.41% 301.04% 1057.32%
Accrued Expenses $570.5K $421.4K $296.0K
YoY Change 470.46% 121.76% -24.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $370.0K $370.0K
YoY Change -100.0% 23.33% 640.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.141M $4.082M $3.852M
YoY Change 302.89% 290.6% 610.01%
LONG-TERM LIABILITIES
Long-Term Debt $66.00K $66.00K $66.00K
YoY Change -5.71% -5.71%
Other Long-Term Liabilities $26.52K $36.35K
YoY Change
Total Long-Term Liabilities $92.52K $102.4K $66.00K
YoY Change 32.17% 46.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.141M $4.082M $3.852M
Total Long-Term Liabilities $92.52K $102.4K $66.00K
Total Liabilities $5.234M $4.082M $3.852M
YoY Change 308.87% 288.8% 613.27%
SHAREHOLDERS EQUITY
Retained Earnings -$5.836M -$4.822M
YoY Change 165.03% 152.55%
Common Stock $2.537K $2.476K
YoY Change 43.25% 42.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $817.9K $957.9K $586.0K
YoY Change
Total Liabilities & Shareholders Equity $6.051M $5.040M $4.438M
YoY Change 552.71% 507.11% 908.94%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income -$766.6K -$1.013M -$1.977M
YoY Change 271.27% 246.45% 124.61%
Depreciation, Depletion And Amortization $11.33K $11.02K $1.064K
YoY Change -71.68% -78.0% 1122.99%
Cash From Operating Activities $415.8K -$2.140M $496.4K
YoY Change -419.85% 330.45% -178.8%
INVESTING ACTIVITIES
Capital Expenditures -$5.060K $6.188K -$410.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$5.060K -$6.188K -$410.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $957.7K
YoY Change 432.06%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.750K 957.7K 196.2K
YoY Change -93.75% 93.09% -1.92%
NET CHANGE
Cash From Operating Activities 415.8K -2.140M 496.4K
Cash From Investing Activities -5.060K -6.188K -410.0
Cash From Financing Activities 8.750K 957.7K 196.2K
Net Change In Cash 419.5K -1.188M 692.2K
YoY Change 4094.9% 113800.1% -260.97%
FREE CASH FLOW
Cash From Operating Activities $415.8K -$2.140M $496.4K
Capital Expenditures -$5.060K $6.188K -$410.00
Free Cash Flow $420.9K -$2.146M $496.8K
YoY Change -423.74% 331.69% -178.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q2 dei Document Type
DocumentType
10-Q
CY2019Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
25370953
CY2019Q2 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2019Q2 dei Entity Small Business
EntitySmallBusiness
true
CY2019Q2 dei Entity Shell Company
EntityShellCompany
false
CY2019Q2 fngr Cumulative Effects Of New Accounting Principle In Period Of Adoption
CumulativeEffectsOfNewAccountingPrincipleInPeriodOfAdoption
-485
CY2019Q2 fngr Effective Income Tax Rate Reconciliation Foreign Income Adjustment Percent
EffectiveIncomeTaxRateReconciliationForeignIncomeAdjustmentPercent
-0.21
CY2018Q2 fngr Effective Income Tax Rate Reconciliation Foreign Income Adjustment Percent
EffectiveIncomeTaxRateReconciliationForeignIncomeAdjustmentPercent
-0.34
CY2019Q2 fngr Effective Income Tax Rate Reconciliation Foreign Profit Tax Rate Percent
EffectiveIncomeTaxRateReconciliationForeignProfitTaxRatePercent
0.25
CY2018Q2 fngr Effective Income Tax Rate Reconciliation Foreign Profit Tax Rate Percent
EffectiveIncomeTaxRateReconciliationForeignProfitTaxRatePercent
0.25
CY2019Q2 fngr Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
36353
CY2018Q2 fngr Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
CY2019Q2 fngr Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
35871
CY2018Q2 fngr Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
CY2019Q2 fngr Lessee Operating Lease Liability Payments Due After Rolling Year One
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearOne
CY2019Q2 fngr Nonoperating Income Expense Including Interest Expense
NonoperatingIncomeExpenseIncludingInterestExpense
5584
CY2018Q2 fngr Nonoperating Income Expense Including Interest Expense
NonoperatingIncomeExpenseIncludingInterestExpense
3124
CY2019Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
236331
CY2019Q2 us-gaap Deposits Assets Current
DepositsAssetsCurrent
1619261
CY2019Q1 us-gaap Deposits Assets Current
DepositsAssetsCurrent
1238120
CY2019Q2 us-gaap Depreciation
Depreciation
1235
CY2018Q2 us-gaap Depreciation
Depreciation
87
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11018
CY2019Q2 fngr Operating Lease Right Of Use Asset Accumulated Depreciation
OperatingLeaseRightOfUseAssetAccumulatedDepreciation
42392
CY2019Q2 fngr Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
78263
CY2019Q2 fngr Prepayment Paid
PrepaymentPaid
46369293
CY2019Q1 fngr Prepayment Paid
PrepaymentPaid
44570540
CY2019Q2 fngr Prepayment Received
PrepaymentReceived
-43931005
CY2019Q1 fngr Prepayment Received
PrepaymentReceived
-43237936
CY2018 fngr Proceeds From Sale Of Common Stock Subscribed
ProceedsFromSaleOfCommonStockSubscribed
150000
CY2018Q2 fngr Stock Issued During Period Value Issued For Cash Consideration
StockIssuedDuringPeriodValueIssuedForCashConsideration
180001
CY2019Q2 fngr Stock Issued During Period Value Issued For Cash Consideration
StockIssuedDuringPeriodValueIssuedForCashConsideration
1137465
CY2018Q2 fngr Stock Subscribed Value
StockSubscribedValue
CY2019Q2 fngr Stock Subscribed Value
StockSubscribedValue
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1965081
CY2019Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1239280
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
606365
CY2019Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
493808
CY2019Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
421351
CY2019Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
296007
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3976
CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2844
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
3774
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-8952
CY2019Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6787135
CY2019Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
5414897
CY2019Q2 us-gaap Assets
Assets
5040337
CY2019Q1 us-gaap Assets
Assets
4437692
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1337245
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10551
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
151622
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9508
CY2019Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1185623
CY2018Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1043
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25370953
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
24763753
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25370953
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
24763753
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
2537
CY2019Q1 us-gaap Common Stock Value
CommonStockValue
2476
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-999900
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-292284
CY2019Q2 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
370000
CY2019Q1 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
370000
CY2019Q2 us-gaap Cost Of Revenue
CostOfRevenue
851643
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
152507
CY2019Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
212649
CY2019Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
236331
CY2019Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
CY2019Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
CY2019Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
212649
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
50087
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11018
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50087
CY2019Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
1223606
CY2019Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
1880373
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2019Q2 us-gaap Effect Of Exchange Rate On Cash
EffectOfExchangeRateOnCash
2355
CY2018Q2 us-gaap Effect Of Exchange Rate On Cash
EffectOfExchangeRateOnCash
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.25
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.25
CY2019Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-372
CY2018Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
8097
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1088818
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
275944
CY2019Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
8838
CY2018Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
CY2019Q2 us-gaap Gross Profit
GrossProfit
81626
CY2018Q2 us-gaap Gross Profit
GrossProfit
30623
CY2019Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
CY2018Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
CY2019Q2 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
725801
CY2018Q2 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
186666
CY2019Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
112557
CY2018Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
49010
CY2019Q2 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-656767
CY2018Q2 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
CY2019Q2 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
125344
CY2018Q2 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
CY2019Q2 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
147959
CY2018Q2 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
32456
CY2019Q2 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1486825
CY2018Q2 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
360047
CY2019Q2 us-gaap Interest Expense
InterestExpense
4819
CY2018Q2 us-gaap Interest Expense
InterestExpense
4973
CY2019Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
427
CY2018Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
CY2019Q2 us-gaap Interest Paid Net
InterestPaidNet
CY2018Q2 us-gaap Interest Paid Net
InterestPaidNet
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
36806
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
453
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5040337
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4437692
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
4082391
CY2019Q1 us-gaap Liabilities Current
LiabilitiesCurrent
3851660
CY2019Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
957717
CY2018Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
496001
CY2019Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6188
CY2018Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
CY2019Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2139507
CY2018Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-497044
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-1012626
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-292284
CY2019Q2 us-gaap Notes Payable Current
NotesPayableCurrent
66000
CY2019Q1 us-gaap Notes Payable Current
NotesPayableCurrent
66000
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
1099836
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
326031
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1018210
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-295408
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
78263
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
36353
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
36353
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
78263
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
35871
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0248
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
12726
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
12726
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
19186
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
CY2019Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
173268
CY2019Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
25309
CY2019Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6188
CY2018Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2019Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4057549
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2570724
CY2019Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2438288
CY2019Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1332604
CY2019Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
957717
CY2018Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
180001
CY2019Q2 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
CY2018Q2 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
316000
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
19638
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13450
CY2019Q2 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><div style="display: inline; font-weight: bold;">Impairment Of Long-Lived Assets</div></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The Company classifies its long-lived assets into: (i) computer and office equipment; (ii) furniture and fixtures, (iii) leasehold improvements, and (iv) finite &#x2013; lived intangible assets.</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">&nbsp;&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of such assets <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> be fully recoverable. It is possible that these assets could become impaired as a result of technology, economy or other industry changes. If circumstances require a long-lived asset or asset group to be tested for possible impairment, the Company <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> compares undiscounted cash flows expected to be generated by that asset or asset group to its carrying value. If the carrying value of the long-lived asset or asset group is <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined through various valuation techniques, including discounted cash flow models, relief from royalty income approach, quoted market values and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div>-party independent appraisals, as considered necessary.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt 7.2pt;text-align:justify;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The Company makes various assumptions and estimates regarding estimated future cash flows and other factors in determining the fair values of the respective assets. The assumptions and estimates used to determine future values and remaining useful lives of long-lived assets are complex and subjective. They can be affected by various factors, including external factors such as industry and economic trends, and internal factors such as the Company&#x2019;s business strategy and its forecasts for specific market expansion.</div></div></div>
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15662
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10606
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5835500
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4822389
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
933269
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
183130
CY2019Q2 us-gaap Revenues
Revenues
933269
CY2018Q2 us-gaap Revenues
Revenues
183130
CY2019Q2 us-gaap Share Based Compensation
ShareBasedCompensation
405744
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
CY2018 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2856000
CY2019 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
7331000
CY2019Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
607200
CY2019Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
234834
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3760500
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1137465
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
-102641
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
-214924
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
586032
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
957946
CY2019Q2 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><div style="display: inline; font-weight: bold;">Use Of Estimates</div></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The preparation of the Company&#x2019;s financial statements in conformity with generally accepted accounting principles of the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&nbsp; Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Actual results could differ from those estimates.</div></div></div>
CY2019Q1 us-gaap Variable Interest Entity Consolidated Assets Current
VariableInterestEntityConsolidatedAssetsCurrent
3409165
CY2019Q1 us-gaap Variable Interest Entity Consolidated Assets Current
VariableInterestEntityConsolidatedAssetsCurrent
2674890
CY2019Q1 us-gaap Variable Interest Entity Consolidated Assets Noncurrent
VariableInterestEntityConsolidatedAssetsNoncurrent
35871
CY2019Q1 us-gaap Variable Interest Entity Consolidated Assets Noncurrent
VariableInterestEntityConsolidatedAssetsNoncurrent
CY2019Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
3445036
CY2019Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
2674890
CY2019Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
3964431
CY2019Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
3023805
CY2019Q1 us-gaap Variable Interest Entity Consolidated Liabilities Current
VariableInterestEntityConsolidatedLiabilitiesCurrent
3928078
CY2019Q1 us-gaap Variable Interest Entity Consolidated Liabilities Current
VariableInterestEntityConsolidatedLiabilitiesCurrent
3023805
CY2019Q1 us-gaap Variable Interest Entity Consolidated Liabilities Noncurrent
VariableInterestEntityConsolidatedLiabilitiesNoncurrent
36353
CY2019Q1 us-gaap Variable Interest Entity Consolidated Liabilities Noncurrent
VariableInterestEntityConsolidatedLiabilitiesNoncurrent
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25163910
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17554237
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25370953
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17554237

Files In Submission

Name View Source Status
0001437749-19-014362-index-headers.html Edgar Link pending
0001437749-19-014362-index.html Edgar Link pending
0001437749-19-014362.txt Edgar Link pending
0001437749-19-014362-xbrl.zip Edgar Link pending
ex_150594.htm Edgar Link pending
ex_150595.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
fngr-20190531.xml Edgar Link completed
fngr-20190531.xsd Edgar Link pending
fngr-20190531_cal.xml Edgar Link unprocessable
fngr-20190531_def.xml Edgar Link unprocessable
fngr-20190531_lab.xml Edgar Link unprocessable
fngr-20190531_pre.xml Edgar Link unprocessable
fngr20190531_10q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending