| Document and Entity Information | 3 Months Ended |
| May 31, 2016shares | |
| Document and Entity Information: | |
| Entity Registrant Name | Gabbit Corp. |
| Document Type | 10-Q |
| Document Period End Date | May 31, 2016 |
| Trading Symbol | gabbit |
| Amendment Flag | false |
| Entity Central Index Key | 1,657,564 |
| Current Fiscal Year End Date | --02-29 |
| Entity Common Stock, Shares Outstanding | 9,000,000 |
| Entity Filer Category | Smaller Reporting Company |
| Entity Current Reporting Status | No |
| Entity Voluntary Filers | No |
| Entity Well-known Seasoned Issuer | No |
| Document Fiscal Year Focus | 2,017 |
| Document Fiscal Period Focus | Q1 |
| Statement of Financial Position - USD ($) | May 31, 2016 | Feb. 29, 2016 |
| Assets, Current | ||
| Cash and Cash Equivalents, at Carrying Value | $ 7,047 | $ 9,493 |
| Assets, Noncurrent | ||
| Property, Plant and Equipment, Gross | 1,833 | 2,000 |
| Assets | 8,880 | 11,493 |
| Liabilities, Noncurrent | ||
| Deferred Revenue and Credits, Noncurrent | 2,500 | |
| Due to Related Parties, Noncurrent | 942 | 942 |
| Liabilities | 942 | 3,442 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | ||
| Common Stock, Value, Issued | 9,000 | 9,000 |
| Retained Earnings (Accumulated Deficit) | (1,062) | (949) |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $ 7,938 | $ 8,051 |
| Stockholders' Equity, Number of Shares, Par Value and Other Disclosures | ||
| Common Stock, Shares Authorized | 75,000,000 | 75,000,000 |
| Common Stock, Shares Issued | 9,000,000 | 9,000,000 |
| Common Stock, Shares Outstanding | 9,000,000 | 9,000,000 |
| Liabilities and Equity | $ 8,880 | $ 11,493 |
| Statement of Operations (Unaudited) | 3 Months Ended |
| May 31, 2016USD ($)$ / sharesshares | |
| Revenues | |
| Sales Revenue, Services, Net | $ 5,000 |
| Revenues | 5,000 |
| Cost of Revenue | |
| Cost of Revenue | 0 |
| Gross Profit | 5,000 |
| Amortization of Deferred Charges | |
| Administrative Expense | 5,113 |
| Total Operating Expenses | 5,113 |
| Net loss from operations | (113) |
| Interest and Debt Expense | |
| Net Income (Loss) | $ (113) |
| Earnings Per Share | |
| Weighted Average Number of Shares Outstanding, Basic | shares | 9,000,000 |
| Earnings Per Share, Basic and Diluted | $ / shares | $ 0 |
| Statements of Cash Flows (unaudited) | 3 Months Ended |
| May 31, 2016USD ($) | |
| Net Cash Provided by (Used in) Operating Activities | |
| Net loss for the period | $ (113) |
| Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities | |
| Amortization | 167 |
| Increase (Decrease) in Operating Liabilities | |
| Increase (Decrease) in Deferred Revenue | (2,500) |
| Net Cash Provided by (Used in) Operating Activities | (2,446) |
| Net Cash Provided by (Used in) Investing Activities | |
| Net Cash Provided by (Used in) Investing Activities | 0 |
| Net Cash Provided by (Used in) Financing Activities | |
| Net Cash Provided by (Used in) Financing Activities | 0 |
| Cash and Cash Equivalents, Period Increase (Decrease) | (2,446) |
| Cash and Cash Equivalents, at Carrying Value | 9,493 |
| Cash and Cash Equivalents, at Carrying Value | $ 7,047 |
| Organization, Consolidation and Presentation of Financial Statements | 3 Months Ended |
| May 31, 2016 | |
| Organization, Consolidation and Presentation of Financial Statements: | |
| Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies | ORGANIZATION AND BASIS OF PRESENTATION GABBIT CORP. (the Company) is a corporation established under the corporation laws in the State of Nevada on August 16, 2015. The Company intends to commence operations in the business of providing individual and group extremal tour to Austrian Alps. The Companys activities are subject to significant risks and uncertainties including failure to secure additional funding to properly execute the companys business plan. The Company has adopted February 29 fiscal year end. Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. GOING CONCERN The financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred a loss since Inception (August 16, 2015) resulting in an accumulated deficit of $1,062 as of May 31, 2016 and further losses are anticipated in the development of its business. Accordingly, there is substantial doubt about the Companys ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand and loans from directors and/or private placement of common stock. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates Preparing financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Actual results and outcomes may differ from managements estimates and assumptions. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company's bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At May 31, 2016 the Company's bank deposits did not exceed the insured amounts. Advertising Costs The Companys policy regarding advertising is to expense advertising when incurred. The Company incurred advertising expense of $0 during the period from inception (August 16, 2015) to May 31, 2016. Basic and Diluted Loss Per Share Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. Stock-Based Compensation As of May 31, 2016, the Company has not issued any stock-based payments to its employees. Stock-based compensation is accounted for at fair value in accordance with ASC 718, when applicable. To date, the Company has not adopted a stock option plan and has not granted any stock options. Income Taxes The Company follows the liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. New Accounting Pronouncements There were various accounting standards and interpretations issued recently, none of which are expected to a have a material impact on our financial position, operations or cash flows. Subsequent Events The Company has evaluated all transactions from May 31, 2016 through the financial statement issuance date for subsequent event disclosure consideration. CAPTIAL STOCK The Company has 75,000,000 shares of common stock authorized with a par value of $0.001 per share. |
| Income Taxes | 3 Months Ended |
| May 31, 2016 | |
| Income Taxes: | |
| Income Tax Disclosure | INCOME TAX |
| Related Party Disclosures | 3 Months Ended |
| May 31, 2016 | |
| Related Party Disclosures: | |
| Related Party Transactions Disclosure | RELATED PARTY TRANSACTIONS In support of the Companys efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by officers, directors, or shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. |
