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NFiniTi inc.

2023 Q1 Form 10-K Financial Statement

#000147793223000995 Filed on February 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $6.200K
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $6.198K $36.47K
YoY Change -66.53% 131.72%
Operating Profit -$6.198K -$36.47K
YoY Change -66.53% 131.72%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$6.200K -$36.47K
YoY Change 131.72%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$6.198K -$36.47K
YoY Change -66.53% 131.72%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.00
COMMON SHARES
Basic Shares Outstanding 120.0M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00
YoY Change
Cash & Equivalents $0.00 $0.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $0.00 $0.00 $0.00
YoY Change
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 $0.00 $0.00 $0.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $0.00 $0.00 $0.00
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.30K $10.20K $10.20K
YoY Change -41.52% 55.67% 55.73%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $111.3K $106.2K
YoY Change 44.75%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $122.6K $116.4K $116.4K
YoY Change 24.54% 45.65% 45.65%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $122.6K $116.4K $116.4K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $122.6K $116.4K
YoY Change 45.65%
SHAREHOLDERS EQUITY
Retained Earnings -$182.6K -$176.4K
YoY Change 15.25% 26.07%
Common Stock $120.0K $120.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$122.6K -$116.4K -$116.4K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $0.00 $0.00
YoY Change

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$6.198K -$36.47K
YoY Change -66.53% 131.72%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$5.101K -$32.82K
YoY Change -11.33% 98.45%
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
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $5.101K $32.82K
YoY Change -11.33% 98.45%
NET CHANGE
Cash From Operating Activities -$5.101K -$32.82K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities $5.101K $32.82K
Net Change In Cash $0.00 $0.00
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$5.101K -$32.82K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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NFiniTi inc.
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NV
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with US 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. Actual results could differ from those estimates.</p>
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