Statements of Cash Flows (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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Cash flows from operating activities: | ||
Net (loss) income | $ (52,820)us-gaap_NetIncomeLoss | $ 6,052us-gaap_NetIncomeLoss |
Adjustments to reconcile net (loss)income to net cash (used) provided by operating activities: | ||
Deferred tax (benefit) expense | 457us-gaap_DeferredIncomeTaxExpenseBenefit | 1,118us-gaap_DeferredIncomeTaxExpenseBenefit |
Depreciation and write off of assets | 4,654wetm_DepreciationAndWriteOffOfAssets | 2,373wetm_DepreciationAndWriteOffOfAssets |
Changes in operating assets and operating liabilities: | ||
Accounts receivable, related party | 19,390us-gaap_IncreaseDecreaseInAccountsReceivable | 19,822us-gaap_IncreaseDecreaseInAccountsReceivable |
Income tax receivable | (1,270)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable | |
Prepaid expenses and other assets | (8,047)us-gaap_IncreaseDecreaseInPrepaidExpense | (494)us-gaap_IncreaseDecreaseInPrepaidExpense |
Income tax payable | ||
Indebtedness to related parties and accrued liabilities | (3,100)us-gaap_IncreaseDecreaseInAccruedLiabilities | 4,200us-gaap_IncreaseDecreaseInAccruedLiabilities |
Net cash (used in) provided by operating activities | (39,466)us-gaap_NetCashProvidedByUsedInOperatingActivities | 31,801us-gaap_NetCashProvidedByUsedInOperatingActivities |
Cash flows from investing activities: | ||
Purchases of property and equipment | (13,961)us-gaap_PropertyPlantAndEquipmentAdditions | |
Payments for certificates of deposit | (126)us-gaap_PaymentsToAcquireRestrictedCertificatesOfDeposit | (170)us-gaap_PaymentsToAcquireRestrictedCertificatesOfDeposit |
Net cash (used in) investing activities | (126)us-gaap_NetCashProvidedByUsedInInvestingActivities | (14,131)us-gaap_NetCashProvidedByUsedInInvestingActivities |
Net change in cash | (39,592)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 17,670us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
Cash, beginning of period | 225,056us-gaap_CashAndCashEquivalentsAtCarryingValue | 207,386us-gaap_CashAndCashEquivalentsAtCarryingValue |
Cash, end of period | 185,464us-gaap_CashAndCashEquivalentsAtCarryingValue | 225,056us-gaap_CashAndCashEquivalentsAtCarryingValue |
Supplemental disclosure of cash flow information: | ||
Cash paid during the period for Income tax |
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period of all taxes owed but not paid, including income, property and other taxes. No definition available.
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- Definition
The increase (decrease) during the reporting period in income taxes receivable, which represents the amount due from tax authorities for refunds of overpayments or recoveries of income taxes paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow from temporary investment with specific maturity and interest rate that are prohibited for current use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of acquisition of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Details
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- Definition
custom:DepreciationAndWriteOffOfAssets No definition available.
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