General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.2.0.727
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2015
Mar. 31, 2015
Jan. 31, 2015
Assets:      
Cash and cash equivalents $ 4,329,496 $ 687,739  
Inventory 0 30,521  
Prepaid expenses 59,812 19,000  
Total current assets 4,389,308 737,260  
Property and equipment, net 81,641 65,512  
Intangibles, net 31,077 26,966  
Other assets 10,715 2,715  
Total Assets 4,512,741 832,453  
Current Liabilities:      
Accounts payable and accrued expenses 122,514 58,439  
Convertible notes payable 0 655,000  
Total current liabilities 122,514 713,439  
Long-term Liabilities:      
Derivative liabilities 205,144 0  
Total Liabilities $ 327,658 $ 713,439  
Commitments and contingencies      
Stockholders' Equity      
Preferred Stock $ 0 $ 0  
Common stock 12,392 5,493  
Additional paid in capital 5,441,337 559,870  
Accumulated deficit (1,268,646) (446,349)  
Total Stockholders' Equity 4,185,083 119,014  
Total Liabilities and Stockholders' Equity 4,512,741 832,453  
Additional Paid In Capital      
Stockholders' Equity      
Additional paid in capital     $ 4,502
Total Stockholders' Equity $ 5,441,337 559,870  
Preferred Stock      
Stockholders' Equity      
Total Stockholders' Equity   1  
Common Stock      
Stockholders' Equity      
Total Stockholders' Equity $ 12,392 5,493  
Accumulated Deficit      
Stockholders' Equity      
Total Stockholders' Equity $ (1,268,646) (446,349)  
Akoustis Inc. [Member]      
Assets:      
Cash and cash equivalents   687,739  
Inventory   30,521  
Prepaid expenses   21,715  
Total current assets   739,975  
Property and equipment, net   65,512  
Intangibles, net   26,966  
Total Assets   832,453  
Current Liabilities:      
Accounts payable and accrued expenses   58,439  
Convertible notes payable   655,000  
Total current liabilities   $ 713,439  
Long-term Liabilities:      
Commitments and contingencies      
Stockholders' Equity      
Preferred Stock   $ 1  
Common stock   1  
Additional paid in capital   565,361  
Accumulated deficit   (446,349)  
Total Stockholders' Equity   119,014  
Total Liabilities and Stockholders' Equity   $ 832,453  
As Adjusted [Member]      
Assets:      
Cash and cash equivalents     4,577,003
Inventory     30,521
Prepaid expenses     21,715
Total current assets     4,629,239
Property and equipment, net     65,512
Intangibles, net     26,966
Total Assets     4,721,717
Current Liabilities:      
Accounts payable and accrued expenses     58,439
Loans from shareholders     0
Convertible notes payable     0
Total current liabilities     $ 58,439
Long-term Liabilities:      
Commitments and contingencies      
Stockholders' Equity      
Preferred Stock     $ 0
Common stock     12,131
Additional paid in capital     5,097,496
Accumulated deficit     (446,349)
Total Stockholders' Equity     4,663,278
Total Liabilities and Stockholders' Equity     4,721,717
Akoustis Technologies, Inc. [Member]      
Assets:      
Cash and cash equivalents     5,166
Inventory     0
Prepaid expenses     0
Total current assets     5,166
Property and equipment, net     0
Intangibles, net     0
Total Assets     5,166
Current Liabilities:      
Accounts payable and accrued expenses     300
Loans from shareholders     306
Convertible notes payable     0
Total current liabilities     $ 606
Long-term Liabilities:      
Commitments and contingencies      
Stockholders' Equity      
Preferred Stock     $ 0
Common stock     11,740
Additional paid in capital     24,660
Accumulated deficit     (31,840)
Total Stockholders' Equity     4,560
Total Liabilities and Stockholders' Equity     5,166
Proforma Adjustments [Member]      
Assets:      
Cash and cash equivalents     (5,166)
Inventory     0
Prepaid expenses     0
Total current assets     3,884,098
Property and equipment, net     0
Intangibles, net     0
Total Assets     3,884,098
Current Liabilities:      
Accounts payable and accrued expenses     (300)
Loans from shareholders     (306)
Convertible notes payable     (10,000)
Total current liabilities     $ (655,606)
Long-term Liabilities:      
Commitments and contingencies      
Stockholders' Equity      
Preferred Stock     $ (1)
Common stock     (8,740)
Additional paid in capital     (27,660)
Accumulated deficit     31,840
Total Stockholders' Equity     4,539,704
Total Liabilities and Stockholders' Equity     3,884,098
Proforma Adjustments [Member] | Common Stock One [Member]      
Stockholders' Equity      
Common stock     1
Proforma Adjustments [Member] | Common Stock Two [Member]      
Stockholders' Equity      
Common stock     5,500
Proforma Adjustments [Member] | Common Stock Three [Member]      
Stockholders' Equity      
Common stock     3,531
Proforma Adjustments [Member] | Common Stock Four [Member]      
Stockholders' Equity      
Common stock     100
Proforma Adjustments [Member] | Additional Paid In Capital Three [Member]      
Stockholders' Equity      
Additional paid in capital     (100)
Proforma Adjustments [Member] | Additional Paid In Capital Four [Member]      
Stockholders' Equity      
Additional paid in capital     141,129
Proforma Adjustments [Member] | Additional Paid In Capital Five [Member]      
Stockholders' Equity      
Additional paid in capital     (141,129)
Proforma Adjustments [Member] | Additional Paid In Capital Two [Member]      
Stockholders' Equity      
Additional paid in capital     4,530,733
Proforma Adjustments [Member] | Cash and Cash Equivalents [Member]      
Assets:      
Cash and cash equivalents     $ 3,889,264