2023 Q4 Form 10-K Financial Statement

#000149315223038190 Filed on October 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2023
Revenue $6.516K $16.95K
YoY Change 8.37%
Cost Of Revenue $3.405K $8.594K
YoY Change 12.8%
Gross Profit $3.111K $8.351K
YoY Change 4.17%
Gross Profit Margin 47.74% 49.28%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit -$25.87K -$22.25K
YoY Change 423.09% 34.27%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$25.87K -$22.20K
YoY Change 423.09% 33.92%
Income Tax
% Of Pretax Income
Net Earnings -$25.87K -$22.20K
YoY Change 423.09% 33.92%
Net Earnings / Revenue -396.98% -130.99%
Basic Earnings Per Share $0.00 -$0.01
Diluted Earnings Per Share $0.00 -$0.01
COMMON SHARES
Basic Shares Outstanding 5.500M shares 4.049M shares
Diluted Shares Outstanding 5.500M shares 4.049M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $4.054K $28.74K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $5.000K $3.405K
Prepaid Expenses $2.809K $3.933K
Receivables $6.516K $6.954K
Other Receivables
Total Short-Term Assets $18.38K $43.04K
YoY Change 109.07%
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 $18.38K $43.04K
Total Long-Term Assets $0.00 $0.00
Total Assets $18.38K $43.04K
YoY Change 12.83% 109.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.41K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $50.92K $49.71K
YoY Change 48.12%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $50.92K $49.71K
Total Long-Term Liabilities
Total Liabilities $50.92K $49.71K
YoY Change 48.12%
SHAREHOLDERS EQUITY
Retained Earnings -$64.64K -$38.77K
YoY Change 133.92%
Common Stock $5.500K $5.500K
YoY Change 52.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$32.54K -$6.670K
YoY Change
Total Liabilities & Shareholders Equity $18.38K $43.04K
YoY Change 109.07%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2023
OPERATING ACTIVITIES
Net Income -$25.87K -$22.20K
YoY Change 423.09% 33.92%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$24.69K -$17.84K
YoY Change 504.68% -223.18%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $28.50K
YoY Change 691.67%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $28.50K
YoY Change 691.67%
NET CHANGE
Cash From Operating Activities -$24.69K -$17.84K
Cash From Investing Activities
Cash From Financing Activities $28.50K
Net Change In Cash -$24.69K $10.66K
YoY Change 504.68% -41.02%
FREE CASH FLOW
Cash From Operating Activities -$24.69K -$17.84K
Capital Expenditures
Free Cash Flow
YoY Change

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<p id="xdx_847_eus-gaap--UseOfEstimates_ztrYIMSOMJ58" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_863_zxyDcJYAQr87">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management uses estimates and assumptions in preparing these financial statements in accordance with US GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities in the balance sheets, and the reported revenue and expenses during the periods reported. Actual results may differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b></b></span></p>
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OperatingIncomeLoss
-22254 usd
CY2023Q3 us-gaap Assets
Assets
43035 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15636 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
7619 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24591 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-16574 usd
CY2022Q3 us-gaap Assets
Assets
20584 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16945 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
8594 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30605 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-22254 usd
CY2023Q3 us-gaap Assets
Assets
43035 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15636 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
7619 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24591 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-16574 usd
CY2022Q3 us-gaap Assets
Assets
20584 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-22196 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17837 usd
CY2023Q3 KFGL Working Capital
WorkingCapital
6670 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-6670 usd

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0001493152-23-038190-index.html Edgar Link pending
0001493152-23-038190.txt Edgar Link pending
0001493152-23-038190-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex32-1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-k.htm Edgar Link pending
form10-k_002.jpg Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
kfgl-20230731.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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kfgl-20230731_def.xml Edgar Link unprocessable
kfgl-20230731_pre.xml Edgar Link unprocessable
form10-k_htm.xml Edgar Link completed
kfgl-20230731_cal.xml Edgar Link unprocessable
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