$LOGQ
Coyni, Inc.

2022 Q4 Form 10-Q Financial Statement

#000155335022000878 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $34.29K $18.98K $18.74K
YoY Change 31.03% 1.29% -22.4%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $34.29K $18.98K $18.74K
YoY Change 31.03% 1.29% -22.4%
Operating Profit -$18.98K -$18.74K
YoY Change 1.31%
Interest Expense $0.00 -$80.57K
YoY Change -100.0% 0.0%
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$34.29K -$18.98K -$99.31K
YoY Change -67.88% -80.89% -5.17%
Income Tax
% Of Pretax Income
Net Earnings -$34.29K -$18.98K -$99.31K
YoY Change -67.88% -80.89% -5.17%
Net Earnings / Revenue
Basic Earnings Per Share -$0.01 -$0.04
Diluted Earnings Per Share -$0.01 -$0.01 -$43.14K
COMMON SHARES
Basic Shares Outstanding 2.302M shares 2.302M shares 2.302M shares
Diluted Shares Outstanding 2.302M shares 2.302M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $510.00 $710.00 $1.660K
YoY Change -65.77% -57.23% -49.08%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $511.00 $711.00 $1.660K
YoY Change -65.7% -57.17% -49.08%
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 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $511.00 $711.00 $1.660K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $511.00 $711.00 $1.660K
YoY Change -65.7% -57.17% -49.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00
YoY Change
Accrued Expenses $28.96K $13.99K $4.033M
YoY Change -99.3% -99.65% 8.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $1.338M
YoY Change -100.0% -100.0% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $28.96K $13.99K $6.407M
YoY Change -99.56% -99.78% 6.66%
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 $28.96K $13.99K $6.407M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $28.96K $13.99K $6.407M
YoY Change -99.56% -99.78% 6.66%
SHAREHOLDERS EQUITY
Retained Earnings -$29.23M -$29.20M
YoY Change 0.78%
Common Stock $2.302K $2.302K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$28.45K -$13.28K -$6.405M
YoY Change
Total Liabilities & Shareholders Equity $511.00 $711.00 $1.660K
YoY Change -65.7% -57.17% -49.08%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$34.29K -$18.98K -$99.31K
YoY Change -67.88% -80.89% -5.17%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $0.00 $0.00 $0.00
YoY Change
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
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities 0.000 0.000 0.000
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash 0.000 0.000 0.000
YoY Change
FREE CASH FLOW
Cash From Operating Activities $0.00 $0.00 $0.00
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Entity File Number
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dei Entity Registrant Name
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LOGICQUEST TECHNOLOGY, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
EntityAddressAddressLine1
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dei City Area Code
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dei Local Phone Number
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CY2022Q2 LOGQ Agreement To Settle Liabilities Descripton
AgreementToSettleLiabilitiesDescripton
In June 2022, Tang Chuan Choon signed an agreement with Logicquest Technology Limited, pursuant to which Tang Chuan Choon assigned his receivable from the Company, included in the Company’s balance sheet as note payable and accrued liabilities balances, in the aggregate amount of $5,577,937, to Logicquest Technology Limited, who then signed an agreement with the Company and settled the balances for $1. The transaction was closed as of June 30, 2022. The settlement was account for as a transaction under common control and the difference between amount paid and amount settled was recorded in equity.
CY2022Q3 LOGQ Agreement To Settle Liabilities Descripton
AgreementToSettleLiabilitiesDescripton
In September 2022, Logicquest Technology Limited signed an agreement with the Company and settled the remaining balances of liabilities of $1,113,773 for $1. The transaction was closed as of September 30, 2022. The settlement was account for as a transaction under common control and the difference between amount paid and amount settled was recorded in equity.

Files In Submission

Name View Source Status
0001553350-22-000878-index-headers.html Edgar Link pending
0001553350-22-000878-index.html Edgar Link pending
0001553350-22-000878.txt Edgar Link pending
0001553350-22-000878-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
logq-20220930.xsd Edgar Link pending
logq_10q.htm Edgar Link pending
logq_ex31z1.htm Edgar Link pending
logq_ex32z1.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
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R6.htm Edgar Link pending
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logq-20220930_cal.xml Edgar Link unprocessable
logq-20220930_def.xml Edgar Link unprocessable
logq-20220930_pre.xml Edgar Link unprocessable
logq-20220930_lab.xml Edgar Link unprocessable
logq_10q_htm.xml Edgar Link completed
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending