2018 Q3 Form 10-Q Financial Statement

#000114420418043945 Filed on August 13, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q2
Revenue $13.98K $16.37K $0.00
YoY Change -88.83%
Cost Of Revenue $1.980K $3.246K $0.00
YoY Change -89.53%
Gross Profit $12.00K $13.12K $0.00
YoY Change -88.71%
Gross Profit Margin 85.83% 80.17%
Selling, General & Admin $149.2K $152.2K $156.2K
YoY Change -13.53% -2.6%
% of Gross Profit 1243.5% 1159.95%
Research & Development $100.0K $100.0K $100.0K
YoY Change 0.0% 0.0%
% of Gross Profit 833.61% 762.2%
Depreciation & Amortization $714.00 $728.00 $364.00
YoY Change 53.22% 100.0%
% of Gross Profit 5.95% 5.55%
Operating Expenses $149.2K $152.2K $156.2K
YoY Change -13.53% -2.6%
Operating Profit -$137.2K -$139.1K -$156.2K
YoY Change 106.91% -11.0%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $25.95K -$61.17K $247.00
YoY Change 2828.56% -24864.78%
Pretax Income -$111.2K -$200.2K -$156.0K
YoY Change 70.05% 28.36%
Income Tax $0.00 $0.00 -$7.049K
% Of Pretax Income
Net Earnings -$111.2K -$200.2K -$149.0K
YoY Change 31.15% 34.43%
Net Earnings / Revenue -795.84% -1223.48%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 -$0.01 $0.00
COMMON SHARES
Basic Shares Outstanding 40.20M shares 37.70M shares 51.50M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $900.0K $1.000M $0.00
YoY Change
Cash & Equivalents $942.2K $1.008M $14.66K
Short-Term Investments
Other Short-Term Assets $818.4K $856.1K $64.12K
YoY Change -18.89% 1235.12%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.788M $1.891M $101.0K
YoY Change 69.11% 1772.86%
LONG-TERM ASSETS
Property, Plant & Equipment $10.71K $11.19K $8.232K
YoY Change 21.86% 35.9%
Goodwill $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change
Total Long-Term Assets $10.71K $11.19K $28.07K
YoY Change -74.86% -60.14%
TOTAL ASSETS
Total Short-Term Assets $1.788M $1.891M $101.0K
Total Long-Term Assets $10.71K $11.19K $28.07K
Total Assets $1.799M $1.902M $100.0K
YoY Change 63.53% 1802.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $15.94K $34.90K $95.02K
YoY Change -82.29% -63.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $178.2K $158.5K $435.8K
YoY Change -87.78% -63.64%
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 $178.2K $158.5K $435.8K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $178.2K $158.5K $400.0K
YoY Change -87.78% -60.39%
SHAREHOLDERS EQUITY
Retained Earnings -$1.136M -$1.025M
YoY Change 148.84%
Common Stock $7.790K $7.790K $7.500K
YoY Change 3.87% 3.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.621M $1.744M -$306.7K
YoY Change
Total Liabilities & Shareholders Equity $1.799M $1.902M $100.0K
YoY Change 68.72% 1802.08%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income -$111.2K -$200.2K -$149.0K
YoY Change 31.15% 34.43%
Depreciation, Depletion And Amortization $714.00 $728.00 $364.00
YoY Change 53.22% 100.0%
Cash From Operating Activities -$100.0K -$1.000M -$100.0K
YoY Change 0.0% 900.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00 $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 0.000 2.100M 100.0K
YoY Change -100.0% 2000.0%
NET CHANGE
Cash From Operating Activities -100.0K -1.000M -100.0K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 0.000 2.100M 100.0K
Net Change In Cash -100.0K 1.100M 0.000
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$100.0K -$1.000M -$100.0K
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$100.0K -$1.000M -$100.0K
YoY Change 0.0% 900.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14663 USD
iwbb Schedule Of Effective Income Tax Rate Reconciliation Net Profit Basis
ScheduleOfEffectiveIncomeTaxRateReconciliationNetProfitBasis
<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-align: justify;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">For accounting periods beginning on or after January 1, 2017:</div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-align: justify;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border: none;border-collapse: collapse;margin-bottom: .001pt;width: 100%;"><tr><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;text-align: justify;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">Net profit</div></div></td><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;text-align: right;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0;padding-left: 9.0pt;padding-right: 0;padding-top: 0;vertical-align: bottom;width: 87.0%;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;text-align: justify;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">Nil &#8211; THB300,000 ($9,080)</div></div></td><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;width: 1.0%;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;width: 1.0%;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;width: 10.0%;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;text-align: right;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">0</div></div></td><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;width: 1.0%;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">%</div></div></td></tr><tr><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0;padding-left: 9.0pt;padding-right: 0;padding-top: 0;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;text-align: justify;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">THB300,000 &#8211; THB3,000,000 ($90,799)</div></div></td><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;text-align: right;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">15</div></div></td><td style="background: #cceeff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">%</div></div></td></tr><tr><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0;padding-left: 9.0pt;padding-right: 0;padding-top: 0;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;text-align: justify;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">Over THB3,000,000 ($90,799)</div></div></td><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="white-space:pre-wrap;font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">&#160;</div></div></td><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;text-align: right;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">20</div></div></td><td style="background: #ffffff;border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: bottom;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="font-family: 'times new roman', 'serif';font-size: 10pt;font-style: ;font-weight: ;;display:inline;">%</div></div></td></tr></table></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-align: justify;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates</div></div></div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-align: justify;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The preparation of these financial statements in conformity with U.S.&#160;GAAP requires management of the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, costs and expenses, and related disclosures. On an on-going basis, the Company evaluates its estimates based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. Identified below are the accounting policies that reflect the Company&#8217;s most significant estimates and judgments, and those that the Company believes are the most critical to fully understanding and evaluating its consolidated financial statements.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
47441 USD
CY2018Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
327 USD
CY2017Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
404 USD
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
745 USD
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
717 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-200234 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-148950 USD
us-gaap Net Income Loss
NetIncomeLoss
-460526 USD
us-gaap Net Income Loss
NetIncomeLoss
-259338 USD
CY2018Q2 us-gaap Depreciation
Depreciation
728 USD
CY2017Q2 us-gaap Depreciation
Depreciation
364 USD
us-gaap Depreciation
Depreciation
1459 USD
us-gaap Depreciation
Depreciation
436 USD
CY2018Q2 us-gaap Revenues
Revenues
16366 USD
CY2017Q2 us-gaap Revenues
Revenues
0 USD
us-gaap Revenues
Revenues
16366 USD
us-gaap Revenues
Revenues
0 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-200234 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-155999 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-460526 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-278741 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
us-gaap Cost Of Revenue
CostOfRevenue
3246 USD
us-gaap Cost Of Revenue
CostOfRevenue
0 USD
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
3246 USD
CY2017Q2 us-gaap Cost Of Revenue
CostOfRevenue
0 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
38189464 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
28799254 shares
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
38675773 shares
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
31817473 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
31627 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
0 USD
dei Document Type
DocumentType
10-Q
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1007592 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60716 USD
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0
CY2018Q2 us-gaap Gross Profit
GrossProfit
13120 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
0 USD
us-gaap Gross Profit
GrossProfit
13120 USD
us-gaap Gross Profit
GrossProfit
0 USD
CY2018Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-42049 USD
CY2017Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-53040 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-96710 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-94772 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-29790 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-43106 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-228837 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-43106 USD
CY2018Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
108209 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
60154 USD
CY2018Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
45154 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
27520 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
464013 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
278988 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
152185 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
156246 USD
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Other Assets Current
OtherAssetsCurrent
856066 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
982523 USD
dei Amendment Flag
AmendmentFlag
false
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
79068 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1459 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
436 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-20269 USD
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
CY2017Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
1000000 USD
CY2018Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
5987 USD
CY2017Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
5365 USD
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-139065 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-156246 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-450893 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-278988 USD
CY2018Q2 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
21250 USD
CY2017Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
21250 USD
CY2018Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
153363 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
87674 USD
us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
24216 USD
us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2018Q2 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
23292 USD
CY2017Q2 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2018Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-3273 USD
CY2017Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-3503 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-28631 USD
CY2018Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
153363 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
87674 USD
CY2018Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
123552 USD
CY2017Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
345099 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9633 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
247 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-61169 USD
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
247 USD
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2944 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1567 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-15405 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11187 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12777 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2018Q2 us-gaap Assets Current
AssetsCurrent
1890895 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
1069854 USD
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40197751 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37697750 shares
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-200234 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-155999 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-460526 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-278741 USD
CY2018Q2 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
0 USD
CY2018Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2150 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
21199 USD
CY2018Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1549 USD
CY2017Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
15804 USD
CY2018Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
13935 USD
CY2017Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
17345 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
66841 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
17345 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-19403 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7049 USD
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37697750 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
40197751 shares
dei Entity Registrant Name
EntityRegistrantName
IWEB, Inc.
iwbb Increase Decrease In Prepayments And Deposits
IncreaseDecreaseInPrepaymentsAndDeposits
-116537 USD
iwbb Increase Decrease In Prepayments And Deposits
IncreaseDecreaseInPrepaymentsAndDeposits
-31711 USD
us-gaap Increase Decrease In Due From Officers And Stockholders Current
IncreaseDecreaseInDueFromOfficersAndStockholdersCurrent
0 USD
us-gaap Increase Decrease In Due From Officers And Stockholders Current
IncreaseDecreaseInDueFromOfficersAndStockholdersCurrent
21250 USD
dei Entity Central Index Key
EntityCentralIndexKey
0001648365
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
8194 USD
CY2018Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2017Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
11628 USD
CY2018Q2 iwbb Income Tax Reconciliation Over Provision Of Valuation Allowance In Prior Period
IncomeTaxReconciliationOverProvisionOfValuationAllowanceInPriorPeriod
0 USD
CY2017Q2 iwbb Income Tax Reconciliation Over Provision Of Valuation Allowance In Prior Period
IncomeTaxReconciliationOverProvisionOfValuationAllowanceInPriorPeriod
1214 USD
iwbb Income Tax Reconciliation Over Provision Of Valuation Allowance In Prior Period
IncomeTaxReconciliationOverProvisionOfValuationAllowanceInPriorPeriod
0 USD
iwbb Income Tax Reconciliation Over Provision Of Valuation Allowance In Prior Period
IncomeTaxReconciliationOverProvisionOfValuationAllowanceInPriorPeriod
0 USD
CY2018Q2 us-gaap Assets
Assets
1902082 USD
CY2017Q4 us-gaap Assets
Assets
1082631 USD
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Increase Decrease In Due From Other Related Parties Current
IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent
1000000 USD
us-gaap Increase Decrease In Due From Other Related Parties Current
IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent
0 USD
CY2018Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
12259 USD
CY2017Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
11525 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
24716 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
17075 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
0 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
101344 USD
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-19403 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7049 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
11546 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4041 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
22551 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2033 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-177683 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-150983 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-448980 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-263379 USD
dei Trading Symbol
TradingSymbol
IWBB
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
731 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
951 USD
iwbb Operating Lease Rent Expense Per Month
OperatingLeaseRentExpensePerMonth
127120 THB
iwbb Operating Lease Rent Expense Per Month
OperatingLeaseRentExpensePerMonth
3847 USD
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
40197751 shares
us-gaap Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
0.4 pure
CY2018Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
34900 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
44922 USD
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.2 pure
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q2 us-gaap Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
123552 USD
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1902082 USD
CY2017Q4 us-gaap Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
345099 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1337862 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-73561 USD
iwbb Withholding Tax Rate
WithholdingTaxRate
0.1 pure
CY2018Q2 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
0 USD
CY2017Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
1000000 USD
CY2017Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
197750 USD
CY2018Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1500000 USD
CY2018Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000000 USD
CY2018Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
515283 USD
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
286446 USD
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
158452 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1390021 USD
CY2018Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.5 pure
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8678 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8678 USD
CY2018Q2 us-gaap Liabilities
Liabilities
158452 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1390021 USD
CY2018Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1000000 shares
CY2018Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1500000 shares
CY2017Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
197750 shares
CY2017Q2 us-gaap Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
31500000 shares
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 iwbb Treasury Stock Purchase Price Per Share
TreasuryStockPurchasePricePerShare
1.00
CY2017Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
19747500 shares
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
7790 USD
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
7540 USD
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
iwbb Proceeds From Issuance Of Common Stock Of Wholly Owned Subsidiary
ProceedsFromIssuanceOfCommonStockOfWhollyOwnedSubsidiary
0 USD
iwbb Proceeds From Issuance Of Common Stock Of Wholly Owned Subsidiary
ProceedsFromIssuanceOfCommonStockOfWhollyOwnedSubsidiary
50000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-99 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2864 USD
CY2018Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2756687 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
256937 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1024858 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-564332 USD
CY2017Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
1.00
CY2018Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
1.00
CY2018Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
1.00
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
946876 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
14077 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
586 USD
CY2018Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-2 reverse stock split
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4011 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-7535 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1743630 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-307390 USD
CY2017Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.84 pure
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-10006 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
94756 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
284837 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
43452 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
500000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Revenues
Revenues
16366 USD
CY2018Q2 us-gaap Revenues
Revenues
16366 USD
us-gaap Cost Of Revenue
CostOfRevenue
3246 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1082631 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 Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2500000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2284837 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
93452 USD
us-gaap Officers Compensation
OfficersCompensation
45000 HKD
us-gaap Officers Compensation
OfficersCompensation
5769 USD

Files In Submission

Name View Source Status
0001144204-18-043945-index-headers.html Edgar Link pending
0001144204-18-043945-index.html Edgar Link pending
0001144204-18-043945.txt Edgar Link pending
0001144204-18-043945-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image_001.jpg Edgar Link pending
image_002.jpg Edgar Link pending
iwbb-20180630.xml Edgar Link completed
iwbb-20180630.xsd Edgar Link pending
iwbb-20180630_cal.xml Edgar Link unprocessable
iwbb-20180630_def.xml Edgar Link unprocessable
iwbb-20180630_lab.xml Edgar Link unprocessable
iwbb-20180630_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
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.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
tv500208_10q.htm Edgar Link pending
tv500208_ex10-1.htm Edgar Link pending
tv500208_ex31-1.htm Edgar Link pending
tv500208_ex31-2.htm Edgar Link pending
tv500208_ex32-1.htm Edgar Link pending