$NMTC
NEUROONE MEDICAL TECHNOLOGIES Corp

2016 Q4 Form 10-Q Financial Statement

#000114420416135532 Filed on November 21, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3
Revenue $0.00 $0.00
YoY Change -100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $10.00K $0.00
YoY Change 0.0%
% of Gross Profit
Research & Development $0.00
YoY Change
% of Gross Profit
Depreciation & Amortization $10.00K
YoY Change
% of Gross Profit
Operating Expenses $10.00K $5.711K
YoY Change 0.0% -6.07%
Operating Profit -$5.711K
YoY Change -5.32%
Interest Expense $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$10.00K -$5.711K
YoY Change 0.0% -43.26%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$10.00K -$5.711K
YoY Change -50.0% -43.26%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$1.972K -$1.972K
COMMON SHARES
Basic Shares Outstanding 5.073M shares 5.073M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $520.0K $0.00
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $50.00K $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $580.0K $0.00
YoY Change 31456.04% -100.0%
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 -$575.7K $4.277K
YoY Change
TOTAL ASSETS
Total Short-Term Assets $580.0K $0.00
Total Long-Term Assets -$575.7K $4.277K
Total Assets $4.277K $4.277K
YoY Change 132.7% 2027.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.36K $21.28K
YoY Change 105.97% 162.7%
Accrued Expenses $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $280.0K $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $117.9K $109.5K
YoY Change 41.52% 70.79%
LONG-TERM LIABILITIES
Long-Term Debt $350.0K $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $350.0K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $117.9K $109.5K
Total Long-Term Liabilities $350.0K $0.00
Total Liabilities $117.9K $109.5K
YoY Change 41.52% 70.79%
SHAREHOLDERS EQUITY
Retained Earnings -$227.8K -$219.4K
YoY Change 26.53% 36.3%
Common Stock $5.073K $5.073K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$113.7K -$105.2K
YoY Change
Total Liabilities & Shareholders Equity $4.277K $4.277K
YoY Change 132.7% 2027.86%

Cashflow Statement

Concept 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$10.00K -$5.711K
YoY Change -50.0% -43.26%
Depreciation, Depletion And Amortization $10.00K
YoY Change
Cash From Operating Activities -$20.00K $10.00K
YoY Change -300.0% -150.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00
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 20.00K -10.00K
YoY Change -300.0% -150.0%
NET CHANGE
Cash From Operating Activities -20.00K 10.00K
Cash From Investing Activities 0.000
Cash From Financing Activities 20.00K -10.00K
Net Change In Cash 0.000 0.000
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$20.00K $10.00K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Period End Date
DocumentPeriodEndDate
2016-09-30
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
109520 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
83330 USD
CY2016Q3 us-gaap Liabilities
Liabilities
109520 USD
CY2015Q4 us-gaap Liabilities
Liabilities
83330 USD
CY2016Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q3 us-gaap Common Stock Value
CommonStockValue
5073 USD
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
5073 USD
CY2016Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
45577 USD
CY2015Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
45577 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-219416 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-180048 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
-105243 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
-81492 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4277 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1838 USD
CY2016Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
4277 USD
CY2015Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
1838 USD
CY2016Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
21807 USD
CY2015Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
19821 USD
CY2016Q3 osok Equity Of Disposal Group Including Discontinued Operation
EquityOfDisposalGroupIncludingDiscontinuedOperation
63523 USD
CY2015Q4 osok Equity Of Disposal Group Including Discontinued Operation
EquityOfDisposalGroupIncludingDiscontinuedOperation
47906 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
0 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5711 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
5711 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-5711 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-5711 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-5711 USD
CY2016Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5073000 shares
us-gaap Sales Revenue Net
SalesRevenueNet
0 USD
us-gaap Sales Revenue Net
SalesRevenueNet
0 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24204 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-24204 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-22087 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Net Income Loss
NetIncomeLoss
-39368 USD
us-gaap Net Income Loss
NetIncomeLoss
-43793 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5073000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5073000 shares
CY2015Q3 us-gaap Professional Fees
ProfessionalFees
0 USD
us-gaap Professional Fees
ProfessionalFees
0 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-5711 USD
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
Original Source Entertainment, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001500198
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
OSOK
CY2016Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5073000 shares
CY2016Q3 us-gaap Cash
Cash
0 USD
CY2015Q4 us-gaap Cash
Cash
0 USD
CY2016Q3 us-gaap Assets
Assets
4277 USD
CY2015Q4 us-gaap Assets
Assets
1838 USD
CY2016Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
21284 USD
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10857 USD
CY2016Q3 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
66429 USD
CY2015Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
52652 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22087 USD
us-gaap Operating Expenses
OperatingExpenses
24204 USD
us-gaap Operating Expenses
OperatingExpenses
22087 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-24204 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-22087 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2589 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-24204 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-22087 USD
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-7477 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-15164 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-21706 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.00
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.00
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.00
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.00
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.00
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.00
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.00
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.00
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.00
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-13777 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-23876 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
0 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
13777 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
23876 USD
osok Noncash Investing And Financing Items Gain On Forgiveness Of Related Party Notes Payable
NoncashInvestingAndFinancingItemsGainOnForgivenessOfRelatedPartyNotesPayable
0 USD
osok Noncash Investing And Financing Items Gain On Forgiveness Of Related Party Notes Payable
NoncashInvestingAndFinancingItemsGainOnForgivenessOfRelatedPartyNotesPayable
0 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
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
0 USD
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
0 USD
CY2014Q4 us-gaap Cash
Cash
0 USD
CY2015Q3 us-gaap Cash
Cash
0 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4625 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
0 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
13777 USD
osok Increase Decrease In Liabilities From Discontinued Operations
IncreaseDecreaseInLiabilitiesFromDiscontinuedOperations
7788 USD
osok Increase Decrease In Liabilities From Discontinued Operations
IncreaseDecreaseInLiabilitiesFromDiscontinuedOperations
6524 USD
osok Increase Decrease In Assets From Discontinued Operations
IncreaseDecreaseInAssetsFromDiscontinuedOperations
2439 USD
osok Increase Decrease In Assets From Discontinued Operations
IncreaseDecreaseInAssetsFromDiscontinuedOperations
4 USD
osok Disposal Group Of Equity From Discontinued Operations
DisposalGroupOfEquityFromDiscontinuedOperations
15617 USD
osok Disposal Group Of Equity From Discontinued Operations
DisposalGroupOfEquityFromDiscontinuedOperations
15260 USD
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q1 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
1 pure
CY2015Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
52652 USD
CY2016Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
66429 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Use of Estimates</u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect 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. Actual results could differ from those estimates.&#160;</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2016Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5073000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5073000 shares
CY2016Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5073000 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5073000 shares

Files In Submission

Name View Source Status
0001144204-16-135532-index-headers.html Edgar Link pending
0001144204-16-135532-index.html Edgar Link pending
0001144204-16-135532.txt Edgar Link pending
0001144204-16-135532-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
osok-20160930.xml Edgar Link completed
osok-20160930.xsd Edgar Link pending
osok-20160930_cal.xml Edgar Link unprocessable
osok-20160930_def.xml Edgar Link unprocessable
osok-20160930_lab.xml Edgar Link unprocessable
osok-20160930_pre.xml Edgar Link unprocessable
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
R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.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
v453262_10q.htm Edgar Link pending
v453262_ex31.htm Edgar Link pending
v453262_ex32.htm Edgar Link pending