$MOJO
EQUATOR Beverage Co

2024 Q3 Form 10-Q Financial Statement

#000147793224004527 Filed on August 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $1.062M $845.3K $588.5K
YoY Change 57.06% 43.65% 8.76%
Cost Of Revenue $704.4K $502.8K $307.7K
YoY Change 91.79% 63.41% -12.77%
Gross Profit $357.3K $342.5K $280.8K
YoY Change 15.74% 21.99% 49.07%
Gross Profit Margin 33.65% 40.52% 47.71%
Selling, General & Admin $281.3K $396.9K $258.7K
YoY Change -21.56% 53.42% 37.42%
% of Gross Profit 78.74% 115.88% 92.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $281.3K $396.9K $258.7K
YoY Change -21.56% 53.42% 37.42%
Operating Profit $75.96K -$54.38K $22.09K
YoY Change -252.06% -346.23% 19445.13%
Interest Expense $5.655K $5.041K $3.256K
YoY Change 42.91% 54.82%
% of Operating Profit 7.44% 14.74%
Other Income/Expense, Net -$5.660K -$5.040K -$3.256K
YoY Change 42.93% 54.79% 10.75%
Pretax Income $70.30K -$59.42K $18.83K
YoY Change -230.41% -415.58% -766.08%
Income Tax $1.277K $715.00 $0.00
% Of Pretax Income 1.82% 0.0%
Net Earnings $69.03K -$60.14K $18.83K
YoY Change -228.04% -419.37% -766.08%
Net Earnings / Revenue 6.5% -7.11% 3.2%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 17.41M shares 16.56M shares
Diluted Shares Outstanding 17.41M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.48K $13.09K $35.06K
YoY Change 9439.39% -62.66% 839.95%
Cash & Equivalents $31.48K $13.09K $35.06K
Short-Term Investments
Other Short-Term Assets $65.81K $121.9K $74.76K
YoY Change 3.41% 63.1% 75.62%
Inventory $442.7K $491.4K $279.3K
Prepaid Expenses $39.05K $43.60K $43.15K
Receivables $298.4K $237.2K $148.1K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $838.4K $863.6K $537.1K
YoY Change 53.9% 60.78% -0.87%
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 -100.0% -100.0%
TOTAL ASSETS
Total Short-Term Assets $838.4K $863.6K $537.1K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $838.4K $863.6K $537.1K
YoY Change 53.9% 60.78% -0.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $113.9K $202.1K $75.72K
YoY Change 65.25% 166.89% -34.82%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $310.0K $316.0K $290.0K
YoY Change 29.17% 8.97% 28.89%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $423.9K $518.1K $365.7K
YoY Change 37.22% 41.66% 7.2%
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 $423.9K $518.1K $365.7K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $423.9K $518.1K $365.7K
YoY Change 37.22% 41.66% 7.2%
SHAREHOLDERS EQUITY
Retained Earnings -$23.90M -$23.97M -$23.61M
YoY Change 1.03% 1.55% 0.33%
Common Stock $17.41K $17.41K $23.78M
YoY Change -99.93% -99.93% 0.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $414.5K $345.5K $171.4K
YoY Change
Total Liabilities & Shareholders Equity $838.4K $863.6K $537.1K
YoY Change 53.9% 60.78% -0.87%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income $69.03K -$60.14K $18.83K
YoY Change -228.04% -419.37% -766.08%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $24.39K $1.990K -$22.58K
YoY Change 59.83% -108.81% -56.97%
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 -6.000K -44.00K 17.00K
YoY Change -88.0% -358.82% -46.05%
NET CHANGE
Cash From Operating Activities 24.39K 1.990K -22.58K
Cash From Investing Activities
Cash From Financing Activities -6.000K -44.00K 17.00K
Net Change In Cash 18.39K -42.01K -5.580K
YoY Change -152.94% 652.87% -73.38%
FREE CASH FLOW
Cash From Operating Activities $24.39K $1.990K -$22.58K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Year Focus
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dei Document Type
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dei Document Quarterly Report
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dei Document Period End Date
DocumentPeriodEndDate
2024-06-30
dei Document Transition Report
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false
dei Entity File Number
EntityFileNumber
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dei Entity Registrant Name
EntityRegistrantName
EQUATOR Beverage Company
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
26-0884348
dei Entity Address Address Line1
EntityAddressAddressLine1
185 Hudson Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Floor 25
dei Entity Address City Or Town
EntityAddressCityOrTown
Jersey City
dei Entity Address State Or Province
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dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
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dei City Area Code
CityAreaCode
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dei Local Phone Number
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dei Entity Current Reporting Status
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dei Entity Interactive Data Current
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dei Entity Filer Category
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mojo Weighted Average Number Of Shares Outstanding Basic And Diluted
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CY2024Q2 us-gaap Restricted Stock Award Forfeitures
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