2013 Q4 Form 10-Q Financial Statement

#000114420413061985 Filed on November 14, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q4
Revenue $161.00
YoY Change -97.07%
Cost Of Revenue
YoY Change
Gross Profit $161.00
YoY Change -97.07%
Gross Profit Margin 100.0%
Selling, General & Admin $8.031K
YoY Change 96.26%
% of Gross Profit 4988.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $8.031K
YoY Change 96.26%
Operating Profit -$7.870K
YoY Change -658.95%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$7.870K
YoY Change -658.95%
Income Tax $800.00
% Of Pretax Income
Net Earnings -$7.070K
YoY Change -602.13%
Net Earnings / Revenue -4391.3%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 5.890M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.669K $725.00 $3.934K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $0.00 $1.425K $161.00
Other Receivables
Total Short-Term Assets $1.669K $2.150K $4.095K
YoY Change -59.24%
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 $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $1.669K $2.150K $4.095K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $1.669K $2.150K $4.095K
YoY Change -59.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $28.69K $22.44K $13.32K
YoY Change 115.32%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $28.69K $22.44K $13.32K
Total Long-Term Liabilities
Total Liabilities
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$703.6K -$696.8K -$685.8K
YoY Change 2.59% 2.52% 0.3%
Common Stock $5.889K $5.889K $5.889K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$27.02K -$20.29K -$9.229K
YoY Change
Total Liabilities & Shareholders Equity $1.669K $2.150K $4.095K
YoY Change -59.24%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q4
OPERATING ACTIVITIES
Net Income -$7.070K
YoY Change -602.13%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
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
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Trading Symbol
TradingSymbol
INTB
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5889533 shares
dei Amendment Flag
AmendmentFlag
false
dei Entity Registrant Name
EntityRegistrantName
Intelligent Buying, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001358633
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
161 USD
CY2012Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
0 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
13324 USD
CY2013Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
670657 USD
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
670657 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-696840 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-685775 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
-20294 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
-9229 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2150 USD
CY2013Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
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CY2012Q4 us-gaap Common Stock Value
CommonStockValue
5889 USD
CY2013Q3 us-gaap Cost Of Goods And Services Sold
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USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4092 USD
CY2013Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
8031 USD
CY2012Q3 us-gaap Operating Costs And Expenses
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4092 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2013Q3 us-gaap Income Tax Expense Benefit
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800 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-7070 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
1408 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
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0.00
CY2012Q3 intb Weighted Average Number Of Shares Outstanding
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us-gaap Revenue From Related Parties
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us-gaap Revenues
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us-gaap Cost Of Goods And Services Sold
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us-gaap Selling General And Administrative Expense
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us-gaap Operating Costs And Expenses
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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 Tax Expense Benefit
IncomeTaxExpenseBenefit
800 USD
us-gaap Proceeds From Related Party Debt
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22444 USD
us-gaap Proceeds From Related Party Debt
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0 USD
us-gaap Net Cash Provided By Used In Financing Activities
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22444 USD
us-gaap Net Cash Provided By Used In Financing Activities
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0 USD
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CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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673 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2012Q4 us-gaap Preferred Stock Shares Issued
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CY2012Q4 us-gaap Preferred Stock Shares Outstanding
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CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
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CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
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CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2013Q3 us-gaap Common Stock Shares Issued
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CY2012Q4 us-gaap Common Stock Shares Issued
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CY2012Q4 us-gaap Common Stock Shares Outstanding
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CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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3934 USD
CY2013Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
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CY2013Q3 us-gaap Assets Current
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CY2013Q3 us-gaap Assets
Assets
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CY2013Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
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CY2013Q3 us-gaap Due To Related Parties Current
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CY2013Q3 us-gaap Liabilities Current
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CY2012Q3 us-gaap Revenues
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CY2012Q3 us-gaap Cost Of Goods And Services Sold
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CY2013Q3 us-gaap Selling General And Administrative Expense
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CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2012Q4 us-gaap Assets
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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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CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
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CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
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CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
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us-gaap Revenue From Related Parties
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us-gaap Revenues
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us-gaap Cost Of Goods And Services Sold
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us-gaap Selling General And Administrative Expense
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us-gaap Operating Costs And Expenses
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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 Tax Expense Benefit
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us-gaap Net Income Loss
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4036 USD
us-gaap Earnings Per Share Basic And Diluted
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intb Weighted Average Number Of Shares Outstanding
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intb Weighted Average Number Of Shares Outstanding
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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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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
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2012Q4 us-gaap Liabilities And Stockholders Equity
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us-gaap Use Of Estimates
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<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.25in"> <b><i><font style="COLOR: black; FONT-SIZE: 10pt">Uses of estimates in the preparation of financial statements</font></i></b></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.25in"> <font style="COLOR: black; FONT-SIZE: 10pt">&#160;</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.25in" align="justify"><font style="COLOR: black; FONT-SIZE: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles accepted in the United States of America (&#8220;GAAP&#8221;) 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 net revenue and expenses during each reporting period. &#160;Actual results could differ from those estimates.</font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2013Q3 us-gaap Operating Loss Carryforwards
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intb Operating Loss Carryforwards Expirations Date
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us-gaap Effective Income Tax Rate Continuing Operations
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CY2012Q3 us-gaap Due To Related Parties Current And Noncurrent
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CY2013Q3 intb Percentage Of Total Sales To Related Party
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CY2013Q3 intb Working Capital
WorkingCapital
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