2024 Q3 Form 10-Q Financial Statement
#000178162924000014 Filed on July 12, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
Revenue | $8.697K | $15.39K | $10.60K |
YoY Change | 44.97% | 45.17% | |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $29.15K | ||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | -$13.47K | ||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $79.10K | $87.21K | $75.47K |
YoY Change | 5.46% | 15.55% | 1053.68% |
Operating Profit | -$70.40K | ||
YoY Change | 2.03% | ||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $44.93K | $44.90K | $44.90K |
YoY Change | 0.06% | 0.0% | |
Pretax Income | $83.91K | -$71.83K | -$64.88K |
YoY Change | -221.59% | 10.72% | -1091.68% |
Income Tax | $0.00 | ||
% Of Pretax Income | 0.0% | ||
Net Earnings | $83.91K | -$71.83K | -$64.88K |
YoY Change | -221.59% | 10.72% | 891.68% |
Net Earnings / Revenue | 964.76% | -466.87% | -612.15% |
Basic Earnings Per Share | $0.01 | -$0.02 | -$0.02 |
Diluted Earnings Per Share | $0.01 | -$0.02 | |
COMMON SHARES | |||
Basic Shares Outstanding | 4.328M shares | 4.328M shares | 4.328M shares |
Diluted Shares Outstanding | 4.558M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.070K | ||
YoY Change | |||
Cash & Equivalents | $19.19K | $1.069K | $3.956K |
Short-Term Investments | |||
Other Short-Term Assets | $70.41K | ||
YoY Change | |||
Inventory | |||
Prepaid Expenses | $30.00K | $46.85K | $10.00K |
Receivables | $0.00 | ||
Other Receivables | $0.00 | ||
Total Short-Term Assets | $59.74K | $71.48K | $93.91K |
YoY Change | 7.62% | -23.89% | -42.91% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $117.7K | $130.9K | $255.2K |
YoY Change | -52.59% | -48.73% | 321.11% |
TOTAL ASSETS | |||
Total Short-Term Assets | $59.74K | $71.48K | $93.91K |
Total Long-Term Assets | $117.7K | $130.9K | $255.2K |
Total Assets | $177.4K | $202.3K | $349.2K |
YoY Change | -41.59% | -42.05% | 55.1% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $268.0K | ||
YoY Change | |||
Accrued Expenses | $5.800K | ||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $427.3K | ||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $471.3K | $718.2K | $541.9K |
YoY Change | -16.65% | 32.54% | 132.97% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | ||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | ||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $471.3K | $718.2K | $541.9K |
Total Long-Term Liabilities | $0.00 | ||
Total Liabilities | $471.3K | $718.2K | $541.9K |
YoY Change | -16.65% | 32.54% | 132.97% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$467.5K | -$551.4K | $228.3K |
YoY Change | -257.26% | -341.55% | 430.16% |
Common Stock | $4.558K | $4.328K | |
YoY Change | 5.31% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$293.9K | -$515.8K | -$192.7K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $177.4K | $202.3K | $349.2K |
YoY Change | -41.59% | -42.05% | 55.1% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $83.91K | -$71.83K | -$64.88K |
YoY Change | -221.59% | 10.72% | 891.68% |
Depreciation, Depletion And Amortization | -$13.47K | ||
YoY Change | |||
Cash From Operating Activities | -$87.98K | ||
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | $131.4K | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $26.64K | ||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 61.71K | ||
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -87.98K | ||
Cash From Investing Activities | 26.64K | ||
Cash From Financing Activities | 61.71K | ||
Net Change In Cash | 370.0 | ||
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$87.98K | ||
Capital Expenditures | $131.4K | ||
Free Cash Flow | -$219.4K | ||
YoY Change |
Facts In Submission
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---|---|---|---|---|
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City Area Code
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|
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Local Phone Number
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|
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2024-05-31 | ||
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Entity File Number
EntityFileNumber
|
333-255392 | ||
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Entity Registrant Name
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|
ANKAM, INC. | ||
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Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
61-1900749 | ||
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|
5348 Vegas Drive | ||
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Las Vegas | ||
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NV | ||
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us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-37899 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
4305 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
80 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3134 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-158021 | usd | |
us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
131400 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-131400 | usd | |
us-gaap |
Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
|
135317 | usd | |
us-gaap |
Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
|
159700 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
135317 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
159700 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
783 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1679 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
286 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2277 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1069 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3956 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
23564 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
23564 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84F_eus-gaap--UseOfEstimates_zWtIKmU2Qy2d" style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="text-decoration: underline"><span id="xdx_86E_zJDxVJPk2oVj">Use of Estimates</span></span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | ||
CY2024Q2 | us-gaap |
Capital Leases Contingent Rental Payments Due
CapitalLeasesContingentRentalPaymentsDue
|
5801 | usd |
CY2023Q4 | us-gaap |
Capital Leases Contingent Rental Payments Due
CapitalLeasesContingentRentalPaymentsDue
|
44900 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
5801 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
44900 | usd |
CY2024Q2 | ankm |
Project Cost
ProjectCost
|
6645 | usd |
ankm |
Capitalized Software
CapitalizedSoftware
|
130866 | usd | |
CY2023 | ankm |
Capitalized Software
CapitalizedSoftware
|
22157 | usd |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
427343 | usd | |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
292026 | usd |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
551434 | usd | |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
360893 | usd |
us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-551434 | usd | |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-360893 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
115801 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
75787 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
115801 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
75787 | usd |