v3.3.0.814

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents		$ 113,176
Prepaid expenses		60,000
TOTAL CURRENT ASSETS		173,176
NON-CURRENT ASSETS
Intangible assets, net		30,133
Property and equipment, net	$ 7,506	9,369
Goodwill		117,224
TOTAL NON-CURRENT ASSETS	$ 7,506	156,726
TOTAL ASSETS	7,506	329,902
CURRENT LIABILITIES
Accounts payable and accrued expenses	351,757	$ 147,711
Bank overdraft	422
Accounts payable to related parties	226,095	$ 129,730
TOTAL CURRENT LIABILITIES	578,274	277,441
NON-CURRENT LIABILITIES
Convertible notes, net of discount	151,672	9,501
TOTAL NON-CURRENT LIABILITIES	151,672	9,501
TOTAL LIABILITIES	$ 729,946	$ 286,942
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 75,000,000 shares authorized, 46,715,500 and 45,554,498 shares issued and outstanding, respectively	$ 46,715	$ 45,554
Common stock to be issued	8,400	4,200
Additional paid-in capital	3,974,280	1,403,491
Accumulated deficit	(4,751,835)	(1,410,285)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	(722,440)	42,960
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 7,506	$ 329,902

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

FlikMedia, Inc. 10-Q