2014 Q1 Form 10-Q Financial Statement
#000114420414002910 Filed on January 21, 2014
Income Statement
Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
---|---|---|---|
Revenue | $10.00K | $11.95K | $10.00K |
YoY Change | 0.0% | 19.46% | 0.0% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $20.00K | $20.00K | $30.00K |
YoY Change | -33.33% | -33.33% | 50.0% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $10.00K | $1.298K | $1.298K |
YoY Change | 0.0% | 0.0% | |
% of Gross Profit | |||
Operating Expenses | $20.00K | $30.00K | $40.00K |
YoY Change | -50.0% | -25.0% | -20.0% |
Operating Profit | -$16.14K | -$28.98K | |
YoY Change | -44.3% | ||
Interest Expense | $0.00 | $5.002K | $5.703K |
YoY Change | -12.29% | -111.41% | |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | -$5.002K | -$17.59K |
YoY Change | -100.0% | -71.57% | |
Pretax Income | -$10.00K | -$20.00K | -$50.00K |
YoY Change | -75.0% | -60.0% | -44.44% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$10.00K | -$21.14K | -$46.57K |
YoY Change | -75.0% | -54.6% | -48.26% |
Net Earnings / Revenue | -100.0% | -176.96% | -465.66% |
Basic Earnings Per Share | -$0.01 | -$0.01 | |
Diluted Earnings Per Share | -$2.849K | -$0.01 | -$0.01 |
COMMON SHARES | |||
Basic Shares Outstanding | 3.513M shares | 3.513M shares | 3.513M shares |
Diluted Shares Outstanding | 3.513M shares | 3.513M shares |
Balance Sheet
Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $10.00K | $20.00K | $20.00K |
YoY Change | -50.0% | 0.0% | -90.91% |
Cash & Equivalents | $10.98K | $17.74K | $11.86K |
Short-Term Investments | $0.00 | $0.00 | $10.00K |
Other Short-Term Assets | $0.00 | ||
YoY Change | |||
Inventory | $10.00K | ||
Prepaid Expenses | $3.409K | ||
Receivables | $0.00 | $0.00 | $30.00K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $14.39K | $20.00K | $60.00K |
YoY Change | -71.9% | -66.67% | -76.0% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $221.2K | $220.0K | $230.0K |
YoY Change | -2.29% | -4.35% | 0.0% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $221.2K | $220.0K | $230.0K |
YoY Change | -2.29% | -4.35% | 0.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $14.39K | $20.00K | $60.00K |
Total Long-Term Assets | $221.2K | $220.0K | $230.0K |
Total Assets | $235.6K | $240.0K | $290.0K |
YoY Change | -15.13% | -17.24% | -39.58% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $180.0K | $180.0K | $190.0K |
YoY Change | -5.26% | -5.26% | 11.76% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.260M | $2.250M | $2.140M |
YoY Change | 4.63% | 5.14% | 5.94% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.449M | $2.440M | $2.360M |
YoY Change | 2.38% | 3.39% | 3.51% |
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 | $2.449M | $2.440M | $2.360M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $2.449M | $2.440M | $2.360M |
YoY Change | 2.38% | 3.39% | 3.51% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$4.898M | ||
YoY Change | 2.06% | ||
Common Stock | $35.53K | ||
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $42.45K | ||
YoY Change | 0.0% | ||
Treasury Stock Shares | 39.98K shares | 39.98K shares | |
Shareholders Equity | -$2.214M | -$2.200M | -$2.080M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $235.6K | $240.0K | $290.0K |
YoY Change | -15.13% | -17.24% | -39.58% |
Cashflow Statement
Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$10.00K | -$21.14K | -$46.57K |
YoY Change | -75.0% | -54.6% | -48.26% |
Depreciation, Depletion And Amortization | $10.00K | $1.298K | $1.298K |
YoY Change | 0.0% | 0.0% | |
Cash From Operating Activities | -$20.00K | -$20.00K | -$10.00K |
YoY Change | 0.0% | 100.0% | -80.0% |
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 | 20.00K | 20.00K | -40.00K |
YoY Change | 0.0% | -150.0% | -166.67% |
NET CHANGE | |||
Cash From Operating Activities | -20.00K | -20.00K | -10.00K |
Cash From Investing Activities | |||
Cash From Financing Activities | 20.00K | 20.00K | -40.00K |
Net Change In Cash | 0.000 | 0.000 | -50.00K |
YoY Change | -100.0% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$20.00K | -$20.00K | -$10.00K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
1105679 | shares |
CY2013Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
1105679 | shares |
CY2013Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
1105679 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
1105679 | shares |
CY2013Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
39975 | shares |
CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
39975 | shares |
CY2013Q1 | us-gaap |
Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
|
0 | USD |
CY2013Q4 | us-gaap |
Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
|
0 | USD |
CY2012Q4 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
22001 | USD |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<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 0.5in; TEXT-INDENT: 0in" align="justify"><strong><i><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">Estimates</font></font></font></font></font></font></font></font></font></i></strong> <font style="FONT-SIZE: 10pt">– The preparation of financial statements in conformity with accounting principles generally accepted in the United States 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.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font> 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> | ||
CY2013Q4 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
0 | USD |
us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P30Y | ||
CY2013Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1015000 | USD |
CY2013Q1 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2900000 | USD |
CY2013 | usbl |
Operating Losses Carryforward Expiration Date
OperatingLossesCarryforwardExpirationDate
|
2019 to 2033 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1105679 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1105679 | shares | |
CY2012Q4 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1105679 | shares |
CY2013Q4 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1105679 | shares |
CY2013Q1 | usbl |
Marketable Securities Amortized Cost Basis
MarketableSecuritiesAmortizedCostBasis
|
2047 | USD |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-127075 | USD | |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
4298 | USD | |
CY2013Q1 | us-gaap |
Land
Land
|
121253 | USD |
CY2013Q4 | us-gaap |
Land
Land
|
121253 | USD |
CY2013Q1 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
155747 | USD |
CY2013Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
155747 | USD |
CY2013Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
277000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
277000 | USD |
CY2013Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
50574 | USD |
CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
54468 | USD |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | shares |
CY2013Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3552502 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3552502 | shares |
CY2013Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2013Q1 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
2159449 | USD |
CY2013Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
2247008 | USD |
CY2013Q1 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
69887 | USD |
CY2013Q4 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
77787 | USD |
us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.02 | pure | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
9000 | USD | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
9000 | USD | |
CY2012Q4 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
3000 | USD |
us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
5549 | USD | |
us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
3336 | USD | |
CY2012Q4 | us-gaap |
Depreciation
Depreciation
|
1298 | USD |
CY2013Q4 | us-gaap |
Depreciation
Depreciation
|
1298 | USD |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
35592 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
18662 | USD | |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
13741 | USD | |
CY2012Q4 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
7287 | USD |
CY2013Q4 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
6636 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
146600 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
106882 | USD | |
CY2012Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
37975 | USD |
CY2013Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
28084 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-119600 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-71044 | USD | |
CY2012Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-28975 | USD |
CY2013Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-16138 | USD |
CY2012Q4 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
-11888 | USD |
CY2013Q4 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
0 | USD |
us-gaap |
Interest Expense
InterestExpense
|
16040 | USD | |
CY2012Q4 | us-gaap |
Interest Expense
InterestExpense
|
5703 | USD |
CY2013Q4 | us-gaap |
Interest Expense
InterestExpense
|
5002 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-84107 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-13801 | USD | |
CY2012Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-17591 | USD |
CY2013Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-5002 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-203707 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-84845 | USD | |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-46566 | USD |
CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-21140 | USD |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
UNITED STATES BASKETBALL LEAGUE INC | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000764630 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--02-28 | ||
CY2012Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2013Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.02 | ||
CY2012Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
CY2013Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3512527 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3512527 | shares | |
CY2012Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3512527 | shares |
CY2013Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3512527 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3512527 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3512527 | shares | |
CY2012Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3512527 | shares |
CY2013Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3512527 | shares |
us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
-178349 | USD | |
us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
-4106 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
14345 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-6054 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-46949 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-34014 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-54068 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-116913 | USD | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-8293 | USD | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
35450 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
61096 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
123009 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
7028 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
6096 | USD | |
CY2012Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4834 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11862 | USD |
us-gaap |
Interest Paid
InterestPaid
|
10962 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
10962 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-11-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Trading Symbol
TradingSymbol
|
USBL | ||
CY2014Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
3512527 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
us-gaap |
Professional Fees
ProfessionalFees
|
40578 | USD | |
us-gaap |
Professional Fees
ProfessionalFees
|
41762 | USD | |
CY2012Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
10802 | USD |
CY2013Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
11851 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | USD | |
CY2012Q4 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | USD |
CY2013Q4 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | USD |
usbl |
Fees For Transfer Agent And Edgar Agent
FeesForTransferAgentAndEdgarAgent
|
-16303 | USD | |
usbl |
Fees For Transfer Agent And Edgar Agent
FeesForTransferAgentAndEdgarAgent
|
-15117 | USD | |
CY2012Q4 | usbl |
Fees For Transfer Agent And Edgar Agent
FeesForTransferAgentAndEdgarAgent
|
-2936 | USD |
CY2013Q4 | usbl |
Fees For Transfer Agent And Edgar Agent
FeesForTransferAgentAndEdgarAgent
|
-5613 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
9000 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
9000 | USD | |
CY2012Q4 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
3000 | USD |
CY2013Q4 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
3000 | USD |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<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;PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: 0in" align="justify"><font style="FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt;FONT-FAMILY: new"><b><i>Reclassifications –</i></b></font> <font style="FONT-SIZE: 10pt;FONT-FAMILY: new">Certain prior period expenses have been reclassified to conform to the current period’s presentation.</font></font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
69389 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
87559 | USD |