$CBDW
1606 Corp

2021 Form 10-K Financial Statement

#000147793222002081 Filed on April 06, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $34.07K $67.91K
YoY Change -49.83%
Cost Of Revenue $21.70K $51.83K
YoY Change -58.14%
Gross Profit $12.37K $16.07K
YoY Change -23.02%
Gross Profit Margin 36.32% 23.67%
Selling, General & Admin $331.5K $330.4K
YoY Change 0.32%
% of Gross Profit 2679.09% 2055.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $313.6K $243.8K
YoY Change 28.64%
Operating Profit -$301.3K -$227.7K
YoY Change 32.28%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$301.3K -$227.7K
YoY Change 32.28%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$316.0K -$227.7K
YoY Change 38.74%
Net Earnings / Revenue -927.42% -335.36%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.01 -$0.01
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.540K $0.00
YoY Change
Cash & Equivalents $0.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $31.45K $50.27K $50.27K
Prepaid Expenses
Receivables $0.00 $82.00 $80.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $40.99K $50.35K
YoY Change -18.59%
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 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $40.99K $50.35K
Total Long-Term Assets $0.00 $0.00
Total Assets $40.99K $50.35K $50.35K
YoY Change -18.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $222.1K $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $222.1K $0.00 $0.00
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $36.42K $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $36.42K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $222.1K $0.00 $0.00
Total Long-Term Liabilities $36.42K $0.00
Total Liabilities $258.5K $0.00 $0.00
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings $0.00
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$217.5K $50.35K $50.35K
YoY Change
Total Liabilities & Shareholders Equity $40.99K $50.35K $50.35K
YoY Change -18.59%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income -$316.0K -$227.7K
YoY Change 38.74%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$260.5K -$95.29K
YoY Change 173.39%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $75.00K $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $270.1K $95.29K
YoY Change 183.4%
NET CHANGE
Cash From Operating Activities -$260.5K -$95.29K
Cash From Investing Activities $0.00 $0.00
Cash From Financing Activities $270.1K $95.29K
Net Change In Cash $9.543K $0.00
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$260.5K -$95.29K
Capital Expenditures
Free Cash Flow
YoY Change

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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of the financial statements in conformity with U.S. 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 amounts of revenues and expenses during the reporting period. Accordingly, actual results may differ from those estimates.</p>
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Files In Submission

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