2024 Q2 Form 10-Q Financial Statement
#000164033424001269 Filed on August 15, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q2 |
---|---|---|
Revenue | ||
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $8.472K | -$8.731K |
YoY Change | -197.03% | -196.9% |
Operating Profit | -$981.00 | -$389.00 |
YoY Change | 152.19% | -95.68% |
Interest Expense | $777.00 | |
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | -$389.00 | |
YoY Change | ||
Pretax Income | ||
YoY Change | ||
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$9.453K | -$9.120K |
YoY Change | 3.65% | 1.22% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | ||
Diluted Earnings Per Share | ||
COMMON SHARES | ||
Basic Shares Outstanding | 9.948M shares | 9.948M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q2 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $0.00 | $0.00 |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | $0.00 | |
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | ||
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 | ||
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | ||
Total Long-Term Assets | ||
Total Assets | $0.00 | $0.00 |
YoY Change | ||
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
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 | $87.89K | |
YoY Change | ||
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 | $87.89K | |
Total Long-Term Liabilities | ||
Total Liabilities | $120.9K | $78.99K |
YoY Change | 53.0% | 222.13% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$163.7K | -$121.9K |
YoY Change | 34.36% | 80.82% |
Common Stock | $995.00 | $995.00 |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$120.9K | -$78.99K |
YoY Change | ||
Total Liabilities & Shareholders Equity | $0.00 | $0.00 |
YoY Change |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$9.453K | -$9.120K |
YoY Change | 3.65% | 1.22% |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | ||
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 | ||
Cash From Investing Activities | ||
Cash From Financing Activities | ||
Net Change In Cash | ||
YoY Change | ||
FREE CASH FLOW | ||
Cash From Operating Activities | ||
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q2 | us-gaap |
Debt Current
DebtCurrent
|
16042 | usd |
CY2023Q4 | us-gaap |
Debt Current
DebtCurrent
|
15265 | usd |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9948330 | shares |
stark |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
-0.00 | ||
stark |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
-0.00 | ||
stark |
Basic And Diluted Weighted Average Number Ofshares Outstanding
BasicAndDilutedWeightedAverageNumberOfsharesOutstanding
|
9,948,330 | ||
stark |
Basic And Diluted Weighted Average Number Ofshares Outstanding
BasicAndDilutedWeightedAverageNumberOfsharesOutstanding
|
9,948,330 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
5967 | usd | |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd |
CY2021Q3 | stark |
Proceed From Stockpurchase Agreement
ProceedFromStockpurchaseAgreement
|
10000 | hkd |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001794942 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-06-30 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9948330 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9948330 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9948330 | shares |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-774 | usd | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
333-237100 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
STARK FOCUS GROUP INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
38 S Federal Highway #10-199 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Dania Beach | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
33004 | ||
dei |
City Area Code
CityAreaCode
|
352 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
562 - 0289 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2024Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
9948330 | shares |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q2 | stark |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
-0.00 | |
CY2023Q2 | stark |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
-0.00 | |
CY2024Q2 | stark |
Basic And Diluted Weighted Average Number Ofshares Outstanding
BasicAndDilutedWeightedAverageNumberOfsharesOutstanding
|
9,948,330 | |
CY2023Q2 | stark |
Basic And Diluted Weighted Average Number Ofshares Outstanding
BasicAndDilutedWeightedAverageNumberOfsharesOutstanding
|
9,948,330 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-93463 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-27399 | usd | |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-120862 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-55404 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-23590 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-78994 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-27399 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23590 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
0 | usd | |
CY2024Q2 | stark |
Debt Instrument Finance Cost
DebtInstrumentFinanceCost
|
389 | usd |