Get Started for Free Contexxia identifies hard-to-find pieces of information in SEC filings. No more highlighters, no more redlining, no more poring over huge documents. Monster Arts Inc. (1423746) 10-Q published on Nov 23, 2015 at 4:06 pm
Reporting Period: Sep 29, 2015
For the nine months ended September 30, 2015, selling, general and administrative expenses were $14,505 compared to $214,757 for the nine months ended September 30, 2014, a decrease of $200,252. Selling, general and administrative expenses are made up of travel, office, payroll taxes, depreciation, advertising, and other expenses. Operations in 2015 have significantly decreased due to a lack of capital resources and therefore SG&A has decreased significantly.
provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that our receipts and expenditures are being made only in accordance with authorizations of our management and our Board of Directors; and
provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial statements