2014 Q2 Form 10-Q Financial Statement

#000114420414031642 Filed on May 16, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q1
Revenue $0.00 $0.00 $19.87K
YoY Change -100.0% -100.0%
Cost Of Revenue $0.00 $0.00 $16.61K
YoY Change -100.0%
Gross Profit $0.00 $0.00 $3.267K
YoY Change -100.0% -100.0%
Gross Profit Margin 16.44%
Selling, General & Admin $2.598K $2.273K $1.055K
YoY Change -9.98% 115.45%
% of Gross Profit 32.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.598K $2.273K $1.055K
YoY Change -9.98% 115.45%
Operating Profit -$2.598K -$2.273K $2.212K
YoY Change -278.8% -202.76%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.598K -$2.273K $2.212K
YoY Change -278.8% -202.76%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$2.273K $2.212K
YoY Change -202.76%
Net Earnings / Revenue 11.13%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 5.890M shares 5.890M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $108.00 $1.612K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.425K
Other Receivables
Total Short-Term Assets $108.00
YoY Change
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
YoY Change
TOTAL ASSETS
Total Short-Term Assets $108.00
Total Long-Term Assets $0.00
Total Assets $108.00
YoY Change
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 $29.40K
YoY Change
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 $29.40K
Total Long-Term Liabilities
Total Liabilities
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$703.6K -$683.6K
YoY Change 2.93%
Common Stock $5.889K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$29.29K
YoY Change
Total Liabilities & Shareholders Equity $108.00
YoY Change

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$2.273K $2.212K
YoY Change -202.76%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$1.561K -$2.322K
YoY Change -32.77%
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 -$1.561K -$2.322K
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash -$1.561K -$2.322K
YoY Change -32.77%
FREE CASH FLOW
Cash From Operating Activities -$1.561K -$2.322K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 us-gaap Use Of Estimates
UseOfEstimates
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CY2013Q1 intb Percentage Of Total Sales To Related Party
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CY2014Q1 intb Percentage Of Total Sales To Related Party
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670657 USD
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CY2013Q1 us-gaap Selling General And Administrative Expense
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CY2013Q1 us-gaap Operating Costs And Expenses
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17662 USD
CY2014Q1 us-gaap Operating Costs And Expenses
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2273 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2013Q1 us-gaap Income Tax Expense Benefit
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CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2014Q1 dei Amendment Flag
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CY2014Q1 dei Document Period End Date
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CY2014Q1 dei Document Fiscal Year Focus
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CY2014Q1 dei Trading Symbol
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CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Intelligent Buying, Inc.
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001358633
CY2014Q1 dei Current Fiscal Year End Date
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CY2014Q1 dei Entity Filer Category
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CY2013Q1 us-gaap Increase Decrease In Notes Payable Current
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CY2014Q1 intb Working Capital
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29293 USD

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