Financial Snapshot

Revenue
$7.275K
TTM
Gross Margin
49.18%
TTM
Net Earnings
-$1.129M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
21.8%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$1.923M
Q2 2024
Cash
Q2 2024
P/E
-1.390
Oct 16, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $1.603K $13.94K $34.07K $67.91K
YoY Change -88.5% -59.07% -49.83%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $1.603K $13.94K $34.07K $67.91K
Cost Of Revenue $995.00 $12.76K $21.70K $51.83K
Gross Profit $608.00 $1.182K $12.37K $16.07K
Gross Profit Margin 37.93% 8.48% 36.32% 23.67%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $1.709M $100.7K $331.5K $330.4K
YoY Change 1596.46% -69.61% 0.32%
% of Gross Profit 281101.97% 8523.27% 2679.09% 2055.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.774M $541.2K $313.6K $243.8K
YoY Change 227.8% 72.56% 28.64%
Operating Profit -$1.773M -$540.0K -$301.3K -$227.7K
YoY Change 228.4% 79.26% 32.28%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $192.8K $0.00
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$1.581M -$540.0K -$301.3K -$227.7K
YoY Change 192.71% 79.26% 32.28%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.581M -$540.0K -$316.0K -$227.7K
YoY Change 192.71% 70.92% 38.74%
Net Earnings / Revenue -98610.92% -3872.9% -927.42% -335.36%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.01 -$0.01 -$0.01

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $105.1K $9.540K $0.00
YoY Change 1001.36%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $13.58K
YoY Change
Inventory $113.2K $31.45K $50.27K
Prepaid Expenses
Receivables $0.00 $80.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $231.8K $40.99K $50.35K
YoY Change 465.55% -18.59%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
Total Assets $231.8K $40.99K $50.35K
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $3.170K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $798.5K $222.1K $0.00
YoY Change 259.56%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $826.9K $222.1K $0.00
YoY Change 272.33%
Long-Term Debt $0.00 $36.42K $0.00
YoY Change -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $36.42K $0.00
YoY Change -100.0%
Total Liabilities $826.9K $258.5K $0.00
YoY Change 219.86%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 47.32M shares 37.14M shares
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.57 Million

About 1606 Corp

1606 Corp. manufactures tobacco products. The company is headquartered in Phoenix, Arizona and currently employs 2 full-time employees. The company went IPO on 2023-01-12. The Company’s chatbot, ChatCBDW, is a sophisticated AI companion that can simulate human-like conversations and assist the customers throughout their shopping process. ChatCBDW leverages advanced AI algorithms to understand individual customer preferences and offer tailored product recommendations. The company provides various information about CBD products, including details on ingredients, usage guidelines, and potential benefits.

Industry: Services-Prepackaged Software Peers: Pyxus International Inc Charlie's Holdings Inc China De Xiao Quan Care Group Co., Ltd Hempacco Co Inc VPR Brands LP Philip Morris International Inc Starfleet Innotech, Inc.