Dthera Sciences (DTHR) 10-Q 27 Feb 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jan. 31, 2014	Feb. 26, 2014
Document And Entity Information	'	'
Entity Registrant Name	'Songbird Development Inc.	'
Entity Central Index Key	'0001586372	'
Document Type	'10-Q	'
Document Period End Date	31-Jan-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--07-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	4,000,000
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'

Balance_Sheets

Balance Sheets (USD $)	Jan. 31, 2014	Jul. 31, 2013
Current Assets	'	'
Cash	$283	$489
Cash on Hand	9,955	'
Total Current Assets	10,239	489
Fixed Assets	'	'
Building and Land	14,000	'
Vehicles	8,300	'
Total Fixed Assets	22,300	'
TOTAL ASSETS	32,539	489
Current Liabilities:	'	'
Loan Payable - Related Party	2,310	50
STOCKHOLDERS' EQUITY	'	'
Common stock: authorized 75,000,000; $0.001 par value; 4,000,000 shares issued and outstanding at January 31, 2014 and July 31, 2013	4,000	4,000
Profit (loss) accumulated during the development stage	26,229	-3,561
Total Stockholders' Equity	30,229	439
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$32,539	$489

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Jan. 31, 2014	Jul. 31, 2013
STOCKHOLDERS' DEFICIT	'	'
Common stock Par value	$0.00	$0.00
Common stock, Authorized	75,000,000	75,000,000
Common stock, Issued	4,000,000	4,000,000
Common stock, outstanding	4,000,000	4,000,000

Statements_of_Operations_Unaud

Statements of Operations (Unaudited) (USD $)	3 Months Ended	6 Months Ended	13 Months Ended
	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2014
Sales:	'	'	'
Merchandise Sales	$33,790	$79,620	$79,620
Total Income	33,790	79,620	79,620
Cost of Goods Sold:	'	'	'
Cutlery Set Purchases	24,335	40,235	40,235
Sales Commission Paid	3,825	5,325	5,325
Total Cost of Goods Sold	28,160	45,560	45,560
Gross Profit	5,630	34,060	34,060
Operating Expenses:	'	'	'
General and administrative	945	1,588	1,649
Professional Fees	1,616	2,683	6,183
Total Expenses	2,561	4,271	7,832
Net profit (loss) for the period	$3,069	$29,789	$26,229
Net gain (loss) per share:	'	'	'
Basic and diluted	$0	$0.01	'
Weighted average number of shares outstanding:	'	'	'
Basic and diluted	4,000,000	4,000,000	'

Statements_of_Cash_Flows_Unaud

Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended	13 Months Ended
	Jan. 31, 2014	Jan. 31, 2014
Operating activities:	'	'
Net profit	$29,789	$26,229
Investing activities:	'	'
Building and Land	-14,000	-14,000
Vehicles	-8,300	-8,300
Net cash provided by investing activities	-22,300	-22,300
Financing activities:	'	'
Proceeds from issuance of common stock	'	4,000
Due to related party	2,260	2,310
Net cash provided by financing activities	2,260	6,310
Net increase in cash	9,749	10,239
Cash, beginning of period	489	'
Cash, end of period	10,239	10,239
Supplemental disclosure of cash flow information:	'	'
Cash paid during the period Taxes	'	'
Cash paid during the period Interest	'	'

Organization_And_Description_O

Organization And Description Of Business	6 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Note 1. Organization And Description Of Business	'
	Songbird Development Inc. (the Company) was incorporated under the laws of the State of Nevada on December 27, 2012. The Company was formed to engage in the development and operation of a business engaged in the distribution of high end cutlery sets produced in China. The Company is in the development stage.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Note 2. Summary of Significant Accounting Policies	'
	Basis of Accounting
	The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a July 31, year-end.
	Basic Earnings (loss) Per Share
	ASC No. 260, “Earnings Per Share”, specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. The Company has adopted the provisions of ASC No. 260.
	Basic net earnings (loss) per share amounts is computed by dividing the net earnings (loss) by the weighted average number of common shares outstanding. Diluted earnings (loss) per share are the same as basic earnings (loss) per share due to the lack of dilutive items in the Company.
	Cash Equivalents
	The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
	Use of Estimates and Assumptions
	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 the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In accordance with ASC No. 250 all adjustments are normal and recurring.
	Income Taxes
	Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry-forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities.
	Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
	Revenue
	The Company records revenue on the accrual basis when all goods and services have been performed and delivered, the amounts are readily determinable, and collection is reasonably assured. The Company has generated $79,620 in revenue since its inception.
	Advertising
	The Company will expense its advertising when incurred. There has been no advertising since inception.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	6 Months Ended
	Jan. 31, 2014
Recent Accounting Pronouncements	'
Note 3. Recent Accounting Pronouncements	'
	The Company has evaluated all the recent accounting pronouncements through the date the financial statements were issued and filed with the Securities and Exchange Commission and believe that none of them will have a material effect on the Company’s financial statements.

Going_Concern

Going Concern	6 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Note 4. Going Concern	'
	The accompanying financial statements are presented on a going concern basis. The Company had ongoing operations during the period from December 27, 2012 (date of inception) to January 31, 2014 with a net profit of $26,229 however there is no guarantee that The Company will continue to generate revenues. This condition raises substantial doubt about the Company’s ability to continue as a going concern. The Company is currently in the development stage, management believes that the Company’s current cash of $10,239 is sufficient to cover the expenses they will incur during the next twelve months in a limited operations scenario or until it raises additional funding. As of the date of the financial statements, there were no commitments to receive funds. Management estimates the minimum amount of additional funding necessary to remove the threat and enable the Company to remain viable for at least the twelve months following the date of the financial statements is approximately $20,000.

Related_Party_Transactions

Related Party Transactions	6 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Note 5. Related Party Transactions	'
	The sole officer and director of the Company may, in the future, become involved in other business opportunities as they become available, he may face a conflict in selecting between the Company and those other business opportunities. The Company has not formulated a policy for the resolution of such conflicts.
	As of January 31, 2014, $2310 is owed to the Company’s Officer & Director, Igor Kaspruk, from funds loaned to the Company to open the bank accounts. The loan is non-interest bearing with no specific repayment terms.

Stock_Transactions

Stock Transactions	6 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Note 6. Stock Transactions	'
	On July 10, 2013, we offered and sold to Igor Kaspruk, our President, Secretary, Treasurer and Director, a total of 4,000,000 shares of common stock for a purchase price of $0.001 per share, for aggregate proceeds of $4,000.
	As of January 31, 2014 the Company had 4,000,000 shares of common stock issued and outstanding.

Stockholders_Equity

Stockholders' Equity	6 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Note 7. Stockholders' Equity	'
	The stockholders’ equity section of the Company contains the following classes of capital stock as of January 31, 2014:
	Common stock, $0.001 par value: 75,000,000 shares authorized; 4,000,000 shares issued and outstanding.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jan. 31, 2014
Summary Of Significant Accounting Policies Policies	'
Basis of Accounting	'
	The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a July 31, year-end.
Basic Earnings (loss) Per Share	'
	ASC No. 260, “Earnings Per Share”, specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. The Company has adopted the provisions of ASC No. 260.
	Basic net earnings (loss) per share amounts is computed by dividing the net earnings (loss) by the weighted average number of common shares outstanding. Diluted earnings (loss) per share are the same as basic earnings (loss) per share due to the lack of dilutive items in the Company.
Cash Equivalents	'
	The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Use of Estimates and Assumptions	'
	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 the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In accordance with ASC No. 250 all adjustments are normal and recurring.
Income Taxes	'
	Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry-forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities.
	Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
Revenue	'
	The Company records revenue on the accrual basis when all goods and services have been performed and delivered, the amounts are readily determinable, and collection is reasonably assured. The Company has generated $79,620 in revenue since its inception.
Advertising	'
	The Company will expense its advertising when incurred. There has been no advertising since inception.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details Narrative) (USD $)	3 Months Ended	6 Months Ended	13 Months Ended
	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2014
Summary Of Significant Accounting Policies Details Narrative	'	'	'
Revenues	$33,790	$79,620	$79,620

Going_Concern_Details_Narrativ

Going Concern (Details Narrative) (USD $)	3 Months Ended	6 Months Ended	13 Months Ended
	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2014
Going Concern Details Narrative	'	'	'
Net Profit	$3,069	$29,789	$26,229

Recent_Accounting_Pronouncemen1

Recent Accounting Pronouncements (Details Narrative) (USD $)	Jan. 31, 2014	Jul. 31, 2013
Recent Accounting Pronouncements Details Narrative	'	'
Loan Payable - Related Party	$2,310	$50

Stock_Transactions_Details_Nar

Stock Transactions (Details Narrative)	Jan. 31, 2014	Jul. 31, 2013
Stock Transactions Details Narrative	'	'
Common stock, Issued	4,000,000	4,000,000
Common stock, Outstanding	4,000,000	4,000,000

Stockholders_Equity_Details_Na

Stockholders' Equity (Details Narrative) (USD $)	Jan. 31, 2014	Jul. 31, 2013
Stockholders Equity Details Narrative	'	'
Common stock par value	$0.00	$0.00
Common stock Share authorized	75,000,000	75,000,000
Common stock share issued	4,000,000	4,000,000
Common stock Outstanding	4,000,000	4,000,000