Document and Entity Information
Document and Entity Information | 9 Months Ended |
Jan. 31, 2018shares | |
Details | |
Registrant Name | ARBOR ENTECH CORP |
Registrant CIK | 710,782 |
SEC Form | 10-Q |
Period End date | Jan. 31, 2018 |
Fiscal Year End | --04-30 |
Trading Symbol | arbe |
Tax Identification Number (TIN) | 222,335,094 |
Number of common stock shares outstanding | 7,350,540 |
Filer Category | Smaller Reporting Company |
Current with reporting | Yes |
Voluntary filer | No |
Well-known Seasoned Issuer | No |
Amendment Flag | false |
Document Fiscal Year Focus | 2,018 |
Document Fiscal Period Focus | Q3 |
Entity Incorporation, State Country Name | Delaware |
Entity Address, Address Line One | 2295 N.W. Corporate Blvd., Suite 230 |
Entity Address, City or Town | Boca Raton |
Entity Address, State or Province | FL |
Entity Address, Postal Zip Code | 33,431 |
City Area Code | 561 |
Local Phone Number | 245-8347 |
Condensed Balance Sheets (Janua
Condensed Balance Sheets (January 31, 2018 unaudited) - USD ($) | Jan. 31, 2018 | Apr. 30, 2017 |
Current Assets: | ||
Cash and Cash Equivalents | $ 207,331 | $ 226,035 |
Total Current Assets | 207,331 | 226,035 |
Total Assets | 207,331 | 226,035 |
Current Liabilities: | ||
Accounts Payable and Accrued Expenses | 0 | 2,125 |
Current Liabilities | 0 | 2,125 |
Stockholders' Equity: | ||
Preferred Stock | 0 | 0 |
Common Stock | 7,350 | 7,350 |
Additional Paid-In Capital | 2,372,640 | 2,372,640 |
Retained Deficit | (2,172,659) | (2,156,080) |
Total Stockholders' Equity | 207,331 | 223,910 |
Total Liabilities and Stockholders' Equity | $ 207,331 | $ 226,035 |
Condensed Balance Sheets (Janu3
Condensed Balance Sheets (January 31, 2018 unaudited) - Parenthetical - $ / shares | Jan. 31, 2018 | Apr. 30, 2017 |
Details | ||
Preferred Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Authorized | 1,000,000 | 1,000,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Preferred Stock, Shares Outstanding | 0 | 0 |
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 100,000,000 | 100,000,000 |
Common Stock, Shares, Issued | 7,350,540 | 7,350,540 |
Common Stock, Shares, Outstanding | 7,350,540 | 7,350,540 |
Condensed Statements of Operati
Condensed Statements of Operations (unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Jan. 31, 2018 | Jan. 31, 2017 | Jan. 31, 2018 | Jan. 31, 2017 | |
Details | ||||
Net Sales | $ 0 | $ 0 | $ 0 | $ 0 |
Costs and Expenses: | ||||
Selling, General and Administrative Expenses | 4,080 | 2,245 | 16,740 | 15,315 |
Loss from Operations | (4,080) | (2,245) | (16,740) | (15,315) |
Other Income: | ||||
Interest | 51 | 58 | 161 | 180 |
Net Loss | $ (4,029) | $ (2,187) | $ (16,579) | $ (15,135) |
Loss Per Common Share - Basic | $ 0 | $ 0 | $ 0 | $ 0 |
Weighted Average Shares Outstanding | 7,350,540 | 7,350,540 | 7,350,540 | 7,350,540 |
Condensed Statements of Cash Fl
Condensed Statements of Cash Flows (unaudited) - USD ($) | 9 Months Ended | |
Jan. 31, 2018 | Jan. 31, 2017 | |
Cash Flows from Operating Activities: | ||
Net Loss | $ (16,579) | $ (15,135) |
Changes in Operating Assets and Liabilities: | ||
Decrease in Accounts Payable and Accrued Expenses | (2,125) | (2,950) |
Net Cash Used in Operating Activities | (18,704) | (18,085) |
Decrease in Cash and Cash Equivalents | (18,704) | (18,085) |
Supplemental Cash Flow Information: | ||
Cash Paid for Interest | 0 | 0 |
Cash Paid for Income Taxes | $ 0 | $ 0 |
Basis of Accounting
Basis of Accounting | 9 Months Ended |
Jan. 31, 2018 | |
Notes | |
Basis of Accounting | (A) The condensed balance sheet at April 30, 2017 was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The interim condensed financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission from the accounts of Arbor Entech Corporation (the Company) without audit; however, in the opinion of management, the information presented reflects all adjustments of a normal recurring nature which are necessary to present fairly the Companys financial position and results of operations and cash flows for the periods presented. It is recommended that these condensed financial statements be read in conjunction with the financial statements and the notes thereto included in the Companys fiscal year 2017 Annual Report on Form 10-K filed in July 2017 and other financial reports filed by the Company from time to time. |
NOTE B - Significant Accounting
NOTE B - Significant Accounting Policies | 9 Months Ended |
Jan. 31, 2018 | |
Notes | |
NOTE B - Significant Accounting Policies | (B) SIGNIFICANT ACCOUNTING POLICIES Cash and Cash Equivalents The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents. Use of Estimates The preparation of 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 and liabilities, the 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. |
NOTE B - Significant Accountin8
NOTE B - Significant Accounting Policies: Cash and Cash Equivalents (Policies) | 9 Months Ended |
Jan. 31, 2018 | |
Policies | |
Cash and Cash Equivalents | Cash and Cash Equivalents The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents. |
NOTE B - Significant Accountin9
NOTE B - Significant Accounting Policies: Use of Estimates (Policies) | 9 Months Ended |
Jan. 31, 2018 | |
Policies | |
Use of Estimates | Use of Estimates The preparation of 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 and liabilities, the 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. |