$CBDY
Target Group Inc.

2016 Q4 Form 10-K Financial Statement

#000114420417018267 Filed on March 31, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4 2015
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $150.0K $100.0K $428.2K
YoY Change 50.0% -16.67% 78.72%
% of Gross Profit
Research & Development $40.00K $180.0K $31.32K
YoY Change -77.78% 260.0%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $110.0K $2.320M $2.747M
YoY Change -95.26% 1264.71% 666.8%
Operating Profit
YoY Change
Interest Expense $0.00 $0.00 $1.543K
YoY Change 1060.15%
% of Operating Profit
Other Income/Expense, Net -$80.00K $0.00
YoY Change
Pretax Income -$100.0K -$2.320M -$2.748M
YoY Change -95.69% 866.67% 666.94%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$100.0K -$2.320M -$2.748M
YoY Change -95.69% 866.67% 666.94%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$2.500M -$232.0M -$341.4M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2015 Q4 2015
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.00K $0.00 $840.00
YoY Change -22.22%
Cash & Equivalents $16.26K $838.00
Short-Term Investments
Other Short-Term Assets $140.0K
YoY Change
Inventory
Prepaid Expenses $140.0K $0.00
Receivables $0.00 $0.00
Other Receivables
Total Short-Term Assets $156.3K $838.00 $840.00
YoY Change 18547.02% -22.69% -22.22%
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 $137.6K $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $156.3K $838.00 $840.00
Total Long-Term Assets $137.6K $0.00 $0.00
Total Assets $293.9K $838.00 $840.00
YoY Change 34968.38% -22.69% -22.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $510.0K $400.0K $400.0K
YoY Change 27.5% 60.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $700.0K $12.50K $12.50K
YoY Change 5500.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.114M $1.089M $1.089M
YoY Change 94.11% 289.38% 289.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.114M $1.089M $1.089M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.114M $1.089M $1.089M
YoY Change 94.11% 289.38% 289.38%
SHAREHOLDERS EQUITY
Retained Earnings -$5.452M -$3.107M
YoY Change 75.46% 765.54%
Common Stock $3.565K $2.019M
YoY Change -99.82% 2410.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.820M -$1.088M -$1.088M
YoY Change
Total Liabilities & Shareholders Equity $293.9K $838.00 $840.00
YoY Change 34968.38% -22.69% -22.22%

Cashflow Statement

Concept 2016 Q4 2015 Q4 2015
OPERATING ACTIVITIES
Net Income -$100.0K -$2.320M -$2.748M
YoY Change -95.69% 866.67% 666.94%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$10.00K -$60.00K -$192.4K
YoY Change -83.33% 500.0% 2014.73%
INVESTING ACTIVITIES
Capital Expenditures -$140.0K $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$140.0K $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$12.50K
YoY Change 52.66%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 130.0K 60.00K 192.2K
YoY Change 116.67% 2246.76%
NET CHANGE
Cash From Operating Activities -10.00K -60.00K -192.4K
Cash From Investing Activities -140.0K 0.000 0.000
Cash From Financing Activities 130.0K 60.00K 192.2K
Net Change In Cash -20.00K 0.000 -240.0
YoY Change -100.0% -73.63%
FREE CASH FLOW
Cash From Operating Activities -$10.00K -$60.00K -$192.4K
Capital Expenditures -$140.0K $0.00 $0.00
Free Cash Flow $130.0K -$60.00K -$192.4K
YoY Change -316.67% 2014.73%

Facts In Submission

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1084 USD
CY2016 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
1390500 USD
CY2015 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
1938801 USD
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
140000 USD
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
0 USD
CY2016 chzp Preferred Stock Issued During Period Value Sharebased Compensation Gross
PreferredStockIssuedDuringPeriodValueSharebasedCompensationGross
100 USD
CY2016 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
140000 USD
CY2015 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
0 USD
CY2016 us-gaap Stock Issued1
StockIssued1
140837 USD
CY2015 us-gaap Stock Issued1
StockIssued1
0 USD
CY2016 us-gaap Interest Paid
InterestPaid
36000 USD
CY2015 us-gaap Interest Paid
InterestPaid
0 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2015Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
336111 USD
CY2015Q4 chzp Accrual For Software Development Fee
AccrualForSoftwareDevelopmentFee
95318 USD
CY2015Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
28500 USD
CY2015Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
9000 USD
CY2016 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
81089744 shares
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-485674 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-678580 USD

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chzp-20161231.xml Edgar Link completed
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