$SPEV
SHOREPOWER TECHNOLOGIES INC.

2015 Q4 Form 10-Q Financial Statement

#000114420415073243 Filed on December 30, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q4
Revenue $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $20.00K $30.00K $20.00K
YoY Change 0.0% 0.0% 0.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
% of Gross Profit
Operating Expenses $20.00K $30.00K $20.00K
YoY Change 0.0% 0.0% -33.33%
Operating Profit -$16.30K -$34.62K -$23.09K
YoY Change -29.41% 6.73% 43.05%
Interest Expense $314.00 $881.00 $427.00
YoY Change -26.46% 80.53% -91.46%
% of Operating Profit
Other Income/Expense, Net -$314.00 -$881.00 -$427.00
YoY Change -26.46% -100.46% -91.46%
Pretax Income -$16.61K -$35.50K -$23.51K
YoY Change -29.36% -122.19% 17.57%
Income Tax $0.00 $9.391K $0.00
% Of Pretax Income
Net Earnings -$16.61K -$44.89K -$23.51K
YoY Change -29.36% -128.06% 11.23%
Net Earnings / Revenue
Basic Earnings Per Share -$0.01 -$0.01 -$0.01
Diluted Earnings Per Share -$0.01 -$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 3.513M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash & Equivalents $383.00 $83.00 $4.320K
Short-Term Investments
Other Short-Term Assets $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $383.00 $83.00 $0.00
YoY Change -99.72% -100.0%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00
YoY Change -100.0%
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 -100.0%
TOTAL ASSETS
Total Short-Term Assets $383.00 $83.00 $0.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $383.00 $83.00 $0.00
YoY Change -99.72% -100.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $170.0K $160.0K $120.0K
YoY Change 41.67% 33.33% -33.33%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.000M $2.000M $1.960M
YoY Change 2.04% 1.52% -12.89%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.179M $2.162M $2.090M
YoY Change 4.26% 3.16% -14.34%
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 $2.179M $2.162M $2.090M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.179M $2.162M $2.090M
YoY Change 4.26% 3.16% -14.34%
SHAREHOLDERS EQUITY
Retained Earnings -$4.863M -$4.846M
YoY Change 2.02%
Common Stock $35.53K $35.53K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $42.45K $42.45K
YoY Change 0.0%
Treasury Stock Shares 39.98K shares 39.98K shares 39.98K shares
Shareholders Equity -$2.179M -$2.162M -$2.090M
YoY Change
Total Liabilities & Shareholders Equity $383.00 $83.00 $0.00
YoY Change -99.72% -100.0%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q4
OPERATING ACTIVITIES
Net Income -$16.61K -$44.89K -$23.51K
YoY Change -29.36% -128.06% 11.23%
Depreciation, Depletion And Amortization $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Operating Activities -$10.00K -$20.00K -$20.00K
YoY Change -50.0% -77.78% 0.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.00K 20.00K -10.00K
YoY Change -200.0% -106.67% -150.0%
NET CHANGE
Cash From Operating Activities -10.00K -20.00K -20.00K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 10.00K 20.00K -10.00K
Net Change In Cash 0.000 0.000 -30.00K
YoY Change -100.0% -100.0%
FREE CASH FLOW
Cash From Operating Activities -$10.00K -$20.00K -$20.00K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
35525 USD
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
11057 USD
CY2015Q1 us-gaap Preferred Stock Value
PreferredStockValue
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CY2015Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2015Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2679855 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4862553 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4793933 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
614 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
383 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
383 USD
CY2015Q1 us-gaap Assets Current
AssetsCurrent
614 USD
CY2015Q4 us-gaap Assets
Assets
383 USD
CY2015Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
168190 USD
CY2015Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
5991 USD
CY2015Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
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CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
42454 USD
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
42454 USD
us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
429 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
35422 USD
CY2015Q1 us-gaap Assets
Assets
614 USD
CY2015Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
133853 USD
CY2015Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
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CY2015Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
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CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
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CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
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CY2015Q4 us-gaap Liabilities
Liabilities
2178953 USD
CY2015Q1 us-gaap Liabilities
Liabilities
2110564 USD
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
35525 USD
CY2015Q4 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2014Q4 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2015Q4 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
-49 USD
CY2014Q4 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
-949 USD
CY2015Q4 us-gaap Depreciation
Depreciation
0 USD
CY2014Q4 us-gaap Depreciation
Depreciation
0 USD
CY2015Q4 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
823 USD
CY2014Q4 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
1258 USD
CY2015Q4 us-gaap Costs And Expenses
CostsAndExpenses
16296 USD
CY2014Q4 us-gaap Costs And Expenses
CostsAndExpenses
23086 USD
CY2015Q4 us-gaap Interest Expense
InterestExpense
314 USD
CY2014Q4 us-gaap Interest Expense
InterestExpense
427 USD
CY2015Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-314 USD
CY2014Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-427 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-16296 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-23086 USD
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3512527 shares
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3512527 shares
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3512527 shares
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3512527 shares
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
13941 USD
us-gaap Depreciation
Depreciation
0 USD
us-gaap Depreciation
Depreciation
1568 USD
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
2936 USD
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
9425 USD
us-gaap Costs And Expenses
CostsAndExpenses
57704 USD
us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
293 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
-2178570 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
-2109950 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
383 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
614 USD
CY2015Q4 us-gaap Professional Fees
ProfessionalFees
10279 USD
CY2014Q4 us-gaap Professional Fees
ProfessionalFees
7956 USD
CY2015Q4 us-gaap Other General Expense
OtherGeneralExpense
2243 USD
CY2014Q4 us-gaap Other General Expense
OtherGeneralExpense
3821 USD
CY2015Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3000 USD
CY2014Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3000 USD
us-gaap Professional Fees
ProfessionalFees
31662 USD
us-gaap Professional Fees
ProfessionalFees
33352 USD
us-gaap Other General Expense
OtherGeneralExpense
13813 USD
us-gaap Other General Expense
OtherGeneralExpense
15802 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
9000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
9000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-231 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10978 USD
us-gaap Costs And Expenses
CostsAndExpenses
77576 USD
us-gaap Interest Expense
InterestExpense
1525 USD
us-gaap Interest Expense
InterestExpense
5329 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1525 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
187602 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-57704 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-63635 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3512527 shares
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
4618206 shares
CY2015Q4 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2014Q4 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
192931 USD
CY2015Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
0 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
-16610 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-23513 USD
us-gaap Net Income Loss
NetIncomeLoss
-68620 USD
us-gaap Net Income Loss
NetIncomeLoss
123967 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-16610 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-23513 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-59229 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
123967 USD
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2014Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9391 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
0 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-3409 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
34337 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-55447 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1370 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3182 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-35653 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-122616 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
35422 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-296639 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-6658 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4320 USD
us-gaap Interest Paid
InterestPaid
1525 USD
us-gaap Interest Paid
InterestPaid
66607 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
2000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
412597 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
412597 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-296639 USD
dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
1984-05-29
CY2015Q4 usbl Working Capital Deficit
WorkingCapitalDeficit
2178570 USD
CY2015Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
2700000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9391 USD
CY2015Q3 us-gaap Interest Expense Other
InterestExpenseOther
563 USD
CY2014Q2 us-gaap Cost Of Real Estate Sales
CostOfRealEstateSales
7403 USD
CY2014Q2 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
412597 USD
CY2014Q2 us-gaap Inventory Real Estate
InventoryRealEstate
219666 USD
CY2014Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
192931 USD
CY2015Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2004772 USD
CY2015Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1969350 USD
CY2015Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
0 USD
CY2015Q1 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
0 USD
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.02 pure
CY2015Q4 us-gaap Officers Compensation
OfficersCompensation
0 USD
CY2014Q4 us-gaap Officers Compensation
OfficersCompensation
8000 USD
us-gaap Officers Compensation
OfficersCompensation
0 USD
us-gaap Officers Compensation
OfficersCompensation
8000 USD
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
0 USD
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
0 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 0pt 0.5in; 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 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><i>Estimates</i></b> &#150; The preparation of financial statements in conformity with generally accepted accounting principles 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 reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015 usbl Operating Losses Carryforward Expiration Date
OperatingLossesCarryforwardExpirationDate
2019 to 2034
CY2014Q2 us-gaap Sales Of Real Estate
SalesOfRealEstate
420000 USD
CY2014Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
57334 USD
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3552502 shares
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3552502 shares
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2015Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1105679 shares
CY2015Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1105679 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
1105679 shares
CY2015Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
1105679 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
39975 shares
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
39975 shares
CY2014Q2 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P30Y
CY2015Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
945000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1105679 shares
CY2015Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1105679 shares
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2015-11-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
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
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
USBL
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
3512527 shares

Files In Submission

Name View Source Status
0001144204-15-073243-index-headers.html Edgar Link pending
0001144204-15-073243-index.html Edgar Link pending
0001144204-15-073243.txt Edgar Link pending
0001144204-15-073243-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
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R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
usbl-20151130.xml Edgar Link completed
usbl-20151130.xsd Edgar Link pending
usbl-20151130_cal.xml Edgar Link unprocessable
usbl-20151130_def.xml Edgar Link unprocessable
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usbl-20151130_pre.xml Edgar Link unprocessable
v427460_10q.htm Edgar Link pending
v427460_ex31-1.htm Edgar Link pending
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v427460_ex32.htm Edgar Link pending