| Document and Entity Information | 9 Months Ended | |
| Sep. 30, 2014 | Nov. 12, 2014 | |
| Document And Entity Information | ' | ' |
| Entity Registrant Name | 'APEX 10 INC. | ' |
| Entity Central Index Key | '0001578328 | ' |
| Document Type | '10-Q | ' |
| Document Period End Date | 30-Sep-14 | ' |
| Amendment Flag | 'false | ' |
| Current Fiscal Year End Date | '--12-31 | ' |
| Is Entity a Well-known Seasoned Issuer? | 'No | ' |
| Is Entity a Voluntary Filer? | 'No | ' |
| Is Entity's Reporting Status Current? | 'No | ' |
| Entity Filer Category | 'Smaller Reporting Company | ' |
| Entity Common Stock, Shares Outstanding | ' | 10,000,000 |
| Document Fiscal Period Focus | 'Q3 | ' |
| Document Fiscal Year Focus | '2014 | ' |
| Balance Sheets (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
| Current assets: | ' | ' |
| Cash | ' | ' |
| Total assets | ' | ' |
| Current liabilities | ' | ' |
| Accounts payable and accrued liabilities | 1,170 | ' |
| Total current liabilities | 1,170 | ' |
| Stockholders' deficit: | ' | ' |
| Preferred stock | ' | ' |
| Common stock | 1,000 | 1,000 |
| Additional paid-in capital | 7,778 | 3,144 |
| Accumulated Deficit | -9,948 | -4,144 |
| Total stockholders' deficit | -1,170 | ' |
| Total liabilities and stockholders' deficit | ' | ' |
| Balance Sheets (Parenthetical) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
| Statement of Financial Position [Abstract] | ' | ' |
| Common stock, par value | $0.00 | $0.00 |
| Common stock, shares authorized | 100,000,000 | 100,000,000 |
| Common stock, shares issued | 10,000,000 | 10,000,000 |
| Preferred stock, par value | $0.00 | $0.00 |
| Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
| Preferred stock, issued | 0 | 0 |
| Statements of Operations (USD $) | 3 Months Ended | 4 Months Ended | 9 Months Ended | |
| Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2014 | |
| Income Statement [Abstract] | ' | ' | ' | ' |
| Revenue | ' | ' | ' | ' |
| General and administrative | 2,470 | 1,533 | 3,033 | 5,804 |
| Total operating expenses | 2,470 | 1,533 | 3,033 | 5,804 |
| Net loss | ($2,470) | ($1,533) | ($3,033) | ($5,804) |
| Basic loss per common share | $0 | $0 | $0 | $0 |
| Basic weighted average common shares outstanding | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Statements of Cash Flows (USD $) | 4 Months Ended | 9 Months Ended |
| Sep. 30, 2013 | Sep. 30, 2014 | |
| Cash flows from operating activities: | ' | ' |
| Net loss | ($3,033) | ($5,804) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ' | ' |
| Stock-based compensation - related party | 1,000 | ' |
| Changes in operating assets and liabilities: | ' | ' |
| Accounts payable and accrued liabilities | ' | 1,170 |
| Net cash used in operating activities | -2,033 | -4,634 |
| Cash flows from financing activities: | ' | ' |
| Due to related party | 2,033 | ' |
| Proceeds from contributed capital | ' | 4,634 |
| Net cash provided by financing activities | 2,033 | 4,634 |
| Net change in cash | ' | ' |
| Cash, beginning of period | ' | ' |
| Cash, end of period | ' | ' |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ' | ' |
| Cash paid for interest | ' | ' |
| Cash paid for taxes | ' | ' |
| 1. DESCRIPTION OF BUSINESS AND HISTORY | 9 Months Ended | |
| Sep. 30, 2014 | ||
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' | |
| 1. DESCRIPTION OF BUSINESS AND HISTORY | ' | |
| 1 | DESCRIPTION OF BUSINESS AND HISTORY | |
| Description of business – APEX 10 Inc. (the “Company”) was incorporated under the laws of the State of Delaware on May 20, 2013 and has been inactive since inception. The Company intends to serve as a vehicle to effect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business. | ||
| 2. SUMMARY OF SIGNIFICANT POLICIES | 9 Months Ended | |
| Sep. 30, 2014 | ||
| Accounting Policies [Abstract] | ' | |
| 2. SUMMARY OF SIGNIFICANT POLICIES | ' | |
| 2 | SUMMARY OF SIGNIFICANT POLICIES | |
| The accompanying unaudited condensed financial statements of APEX 10 Inc. have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission requirements for interim financial statements. Therefore, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. The unaudited condensed financial statements should be read in conjunction with the annual financial statements for the year ended December 31, 2013, of the Company in our Form 10-K filed on February 21, 2014. | ||
| The unaudited condensed financial statements present the balance sheets, statements of operations and cash flows of the Company. The unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). | ||
| The interim financial information is unaudited. In the opinion of management, all adjustments necessary to present fairly the financial position as of June 30, 2014 and the results of operations and cash flows presented herein have been included in the financial statements. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results of operations for the full year. | ||
| Use of estimates – The preparation of financial statements in conformity with U.S. GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from those estimates. | ||
| Cash and cash equivalents – Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days. Cash equivalents are placed with high credit quality financial institutions and are primarily in money market funds. The carrying value of those investments approximates fair value. | ||
| Revenue Recognition – Revenue is only recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the price to the buyer is fixed or determinable, and (4) collectability is reasonably assured. | ||
| Earnings (loss) per share – Basic earnings (loss) per common share is computed by dividing net income (loss) available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per common share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if potentially dilutive securities had been issued. There were no potentially dilutive securities outstanding during the periods presented. | ||
| Stock-based compensation – The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with Financial Accounting Standards Board (“FASB”) ASC 718-10, Compensation – Stock Compensation, and the conclusions reached by FASB ASC 505-50, Equity – Equity-Based Payments to Non-Employees. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50. | ||
| Income taxes – The Company records income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carryforwards. Accounting standards regarding income taxes requires a reduction of the carrying amounts of deferred tax assets by a valuation allowance, if based on the available evidence, it is more likely than not that such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred tax assets is assessed at each reporting period based on a more-likely-than-not realization threshold. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, the Company’s experience with operating loss and tax credit carryforwards not expiring unused, and tax planning alternatives. | ||
| The Company recorded valuation allowances on the net deferred tax assets. Management will reassess the realization of deferred tax assets based on the accounting standards for income taxes each reporting period. To the extent that the financial results of operations improve and it becomes more likely than not that the deferred tax assets are realizable, the Company will be able to reduce the valuation allowance. | ||
| Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. Accounting standards regarding uncertainty in income taxes provides a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely, based solely on the technical merits, of being sustained on examinations. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes. | ||
| Fair Value of Financial Instrument- The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: | ||
| Level 1 | inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. | |
| Level 2 | inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. | |
| Level 3 | inputs are unobservable inputs for the asset or liability. | |
| The Company monitors the market conditions and evaluates the fair value hierarchy levels at least quarterly. For any transfers in and out of the levels of the fair value hierarchy, the Company elects to disclose the fair value measurement at the beginning of the reporting period during which the transfer occurred. | ||
| The Company's financial instruments consisted of cash, short-term investment, related party advances, and notes payable. The estimated fair value of these instruments approximates its carrying amount due to the short maturity of these instruments. | ||
| Recent Accounting Pronouncements - In June 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company early adopted ASU 2014-10 during the quarter ended June 30, 2014, thereby no longer presenting or disclosing any information required by Topic 915. | ||
| 3. GOING CONCERN | 9 Months Ended | |
| Sep. 30, 2014 | ||
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' | |
| 3. GOING CONCERN | ' | |
| 3 | GOING CONCERN | |
| The accompanying unaudited condensed financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred losses since inception and had accumulated a deficit of $9,948 as of September 30, 2014. The Company requires capital for its contemplated operational and marketing activities. The Company’s ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue as a going concern. The unaudited condensed financial statements of the Company do not include any adjustments that may result from the outcome of these aforementioned uncertainties. | ||
| In order to mitigate the risk related with this uncertainty, the Company plans to issue additional shares of common stock for cash and services during the next 12 months. | ||
| 4. STOCKHOLDERSb EQUITY | 9 Months Ended |
| Sep. 30, 2014 | |
| Equity [Abstract] | ' |
| 4. STOCKHOLDERSb EQUITY | ' |
| 4. STOCKHOLDERS’ EQUITY | |
| Preferred Stock – The Company is authorized to issue 5,000,000 shares of $.0001 par value preferred stock. As of | |
| September 30, 2014, and December 31, 2013, no shares of preferred stock had been issued. | |
| Common Stock - The Company is authorized to issue 100,000,000 shares of $.0001 par value common stock. As of September 30, 2014, and December 31, 2013, 10,000,000 and 10,000,000 shares were issued and outstanding respectively. | |
| Upon formation of the Company on May 20, 2013, the Board of Directors issued 10,000,000 shares of common stock for $1,000 in services to the founding shareholder of the Company. In addition, the founding shareholder made a contribution of $4,634 to the Company for the period ended September 30, 2014 and $3,144 to the Company for the period ended December 31, 2013, which are recorded as additional paid-in capital. | |
| Sale of Shares | |
| On May 22, 2014, the sole officer and director of APEX 10, Inc. (the “Company”), Richard Chiang, entered into a Share Purchase Agreement (the “SPA”) pursuant to which he sold an aggregate of 10,000,000 shares of his shares of the Company’s common stock to DB Holdings, Inc. (“DBH”) at an aggregate purchase price of $40,000. These shares represent 100% of the Company’s issued and outstanding common stock. |
| 5. COMMITMENT | 9 Months Ended | |
| Sep. 30, 2014 | ||
| Commitments and Contingencies Disclosure [Abstract] | ' | |
| 5. COMMITMENT | ' | |
| 5 | COMMITMENT | |
| There is no commitment or contingency to disclose during the period ended September 30, 2014. | ||
| 6. SUBSEQUENT EVENTS | 9 Months Ended | |
| Sep. 30, 2014 | ||
| Subsequent Events [Abstract] | ' | |
| 6. SUBSEQUENT EVENTS | ' | |
| 6 | SUBSEQUENT EVENTS | |
| Management has evaluated subsequent events up to and including November 12, 2014 which is the date the statements were made available for issuance and determined there are no reportable subsequent events. | ||
| 2. SUMMARY OF SIGNIFICANT POLICIES (Policies) | 9 Months Ended | |
| Sep. 30, 2014 | ||
| Accounting Policies [Abstract] | ' | |
| Use of estimates | ' | |
| Use of estimates – The preparation of financial statements in conformity with U.S. GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could differ from those estimates. | ||
| Cash and cash equivalents | ' | |
| Cash and cash equivalents – Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days. Cash equivalents are placed with high credit quality financial institutions and are primarily in money market funds. The carrying value of those investments approximates fair value. | ||
| Revenue Recognition | ' | |
| Revenue Recognition – Revenue is only recognized when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the price to the buyer is fixed or determinable, and (4) collectability is reasonably assured. | ||
| Earnings (loss) per share | ' | |
| Earnings (loss) per share – Basic earnings (loss) per common share is computed by dividing net income (loss) available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per common share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if potentially dilutive securities had been issued. There were no potentially dilutive securities outstanding during the periods presented. | ||
| Stock-based compensation | ' | |
| Stock-based compensation – The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with Financial Accounting Standards Board (“FASB”) ASC 718-10, Compensation – Stock Compensation, and the conclusions reached by FASB ASC 505-50, Equity – Equity-Based Payments to Non-Employees. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50. | ||
| Income taxes | ' | |
| Income taxes – The Company records income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carryforwards. Accounting standards regarding income taxes requires a reduction of the carrying amounts of deferred tax assets by a valuation allowance, if based on the available evidence, it is more likely than not that such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred tax assets is assessed at each reporting period based on a more-likely-than-not realization threshold. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, the Company’s experience with operating loss and tax credit carryforwards not expiring unused, and tax planning alternatives. | ||
| The Company recorded valuation allowances on the net deferred tax assets. Management will reassess the realization of deferred tax assets based on the accounting standards for income taxes each reporting period. To the extent that the financial results of operations improve and it becomes more likely than not that the deferred tax assets are realizable, the Company will be able to reduce the valuation allowance. | ||
| Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. Accounting standards regarding uncertainty in income taxes provides a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely, based solely on the technical merits, of being sustained on examinations. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes. | ||
| Fair Value of Financial Instruments | ' | |
| Fair Value of Financial Instrument- The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: | ||
| Level 1 | inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. | |
| Level 2 | inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. | |
| Level 3 | inputs are unobservable inputs for the asset or liability. | |
| The Company monitors the market conditions and evaluates the fair value hierarchy levels at least quarterly. For any transfers in and out of the levels of the fair value hierarchy, the Company elects to disclose the fair value measurement at the beginning of the reporting period during which the transfer occurred. | ||
| The Company's financial instruments consisted of cash, short-term investment, related party advances, and notes payable. The estimated fair value of these instruments approximates its carrying amount due to the short maturity of these instruments. | ||
| Recent Accounting Pronouncements - In June 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company early adopted ASU 2014-10 during the quarter ended June 30, 2014, thereby no longer presenting or disclosing any information required by Topic 915. | ||
| 4. STOCKHOLDERS' EQUITY (Details Narrative) (USD $) | 4 Months Ended | 7 Months Ended | 9 Months Ended | 16 Months Ended |
| Sep. 30, 2013 | Dec. 31, 2013 | Sep. 30, 2014 | Sep. 30, 2014 | |
| Related Party Transactions [Abstract] | ' | ' | ' | ' |
| Stock issued in exchange for services, value | ' | ' | ' | $1,000 |
| Stock issued in exchange for services, shares | ' | ' | ' | 10,000,000 |
| Proceeds from contributed capital | ' | $3,144 | $4,634 | ' |
| Common stock, par value | ' | $0.00 | $0.00 | $0.00 |
| Common stock, shares authorized | ' | 100,000,000 | 100,000,000 | 100,000,000 |
| Common stock, shares issued | ' | 10,000,000 | 10,000,000 | 10,000,000 |
| Preferred stock, par value | ' | $0.00 | $0.00 | $0.00 |
| Preferred stock, shares authorized | ' | 5,000,000 | 5,000,000 | 5,000,000 |
| Preferred stock, issued | ' | 0 | 0 | 0 |
