$TCRI
TechCom, Inc.

2022 Q3 Form 10-Q Financial Statement

#000168316822005759 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue $0.00 $0.00 $0.00
YoY Change
Gross Profit $0.00 $0.00 $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin -$860.00 $50.27K $42.04K
YoY Change -110.0% -16.17% 312.56%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses -$860.00 $50.27K $42.04K
YoY Change -110.0% -16.17% 312.56%
Operating Profit $859.00 -$50.27K -$42.04K
YoY Change -109.99% -16.19% 312.56%
Interest Expense $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $860.00 -$50.27K -$42.04K
YoY Change -99.75% -16.17% 312.56%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings $859.00 -$50.27K -$42.04K
YoY Change -99.75% -16.19% 312.56%
Net Earnings / Revenue
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 -$646.90
COMMON SHARES
Basic Shares Outstanding 64.99M shares 64.99M shares 64.99M shares
Diluted Shares Outstanding 64.99M shares 64.99M shares 64.99M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $0.00 $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $3.000K $0.00 $0.00
YoY Change
Inventory
Prepaid Expenses $3.000K $0.00
Receivables
Other Receivables
Total Short-Term Assets $3.000K $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 $3.000K $0.00 $0.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $3.000K $0.00 $0.00
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.350K $40.32K $6.570K
YoY Change -27.17% 153.74% -71.55%
Accrued Expenses $3.350K $40.32K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $111.0K $108.9K $58.58K
YoY Change 2312.85% -68.45% -78.21%
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 $111.0K $108.9K $58.58K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $111.0K $108.9K $58.58K
YoY Change 2312.85% -68.45% -78.21%
SHAREHOLDERS EQUITY
Retained Earnings -$2.528M -$2.528M
YoY Change
Common Stock $650.00 $650.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$108.0K -$108.9K -$58.58K
YoY Change
Total Liabilities & Shareholders Equity $3.000K $0.00 $0.00
YoY Change

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $859.00 -$50.27K -$42.04K
YoY Change -99.75% -16.19% 312.56%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $0.00 $0.00 $0.00
YoY Change -100.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000
YoY Change
NET CHANGE
Cash From Operating Activities 0.000 0.000 0.000
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 0.000
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 $0.00
Free Cash Flow $0.00
YoY Change

Facts In Submission

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<p id="xdx_806_eus-gaap--NatureOfOperations_zhdsk0Wfgvzn" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 1 - <span id="xdx_829_zOUo0soCCXS2">NATURE OF BUSINESS ORGANIZATION</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.8pt 0pt 5.95pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">TechCom, Inc. (the “Company”) was originally formed on August 22, 2000 as a Nevada corporation. On June 30, 2017, the Company re-domiciled as a Delaware Corporation. Now a non-operating holding company, historically the company has been involved in investment in gaming and vending businesses, with a primary focus on the entertainment, travel and leisure industries. Current management acquired control of the Company through purchase of preferred shares of the Company in July 2021, which gives current management a majority of the voting power of the outstanding stock of the Company. The Company is in the process of identifying operating businesses that are potential candidates for acquisition.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.8pt 0pt 5.95pt; text-align: justify"> </p>
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Files In Submission

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