$TCRI
TechCom, Inc.

2022 Q4 Form 10-Q Financial Statement

#000168316822007945 Filed on November 21, 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 $0.00 $0.00 $0.00
YoY Change
Gross Profit $0.00 $0.00 $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin $16.62K -$860.00 $8.600K
YoY Change 39.08% -110.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $16.62K -$860.00 $8.600K
YoY Change 39.2% -110.0%
Operating Profit -$16.62K $859.00 -$8.600K
YoY Change 39.2% -109.99%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$16.62K $860.00 $340.4K
YoY Change -95.39% -99.75%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings -$16.62K $859.00 $340.4K
YoY Change -95.39% -99.75%
Net Earnings / Revenue
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 $5.237K
COMMON SHARES
Basic Shares Outstanding 64.99M shares 64.99M shares 64.99M shares
Diluted Shares Outstanding 64.99M shares 64.99M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $0.00 $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $0.00 $3.000K $0.00
YoY Change
Inventory
Prepaid Expenses $0.00 $3.000K
Receivables
Other Receivables
Total Short-Term Assets $0.00 $3.000K $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 $3.000K $0.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $0.00 $3.000K $0.00
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.350K $4.600K
YoY Change -27.17%
Accrued Expenses $10.20K $3.350K
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 $124.6K $111.0K $4.600K
YoY Change 653.19% 2312.85%
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 $124.6K $111.0K $4.600K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $124.6K $111.0K $4.600K
YoY Change 653.19% 2312.85%
SHAREHOLDERS EQUITY
Retained Earnings -$2.544M -$2.528M
YoY Change 4.44%
Common Stock $650.00 $650.00
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$124.6K -$108.0K -$4.600K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $3.000K $0.00
YoY Change

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$16.62K $859.00 $340.4K
YoY Change -95.39% -99.75%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $0.00 $0.00 $0.00
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
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 0.000
YoY Change -100.0%
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 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_zZ2O5lWO8etb" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 1 – <span id="xdx_825_zZbP3GLoPV1a">NATURE OF BUSINESS ORGANIZATION</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 5.8pt 0 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0 5.8pt 0 0; text-align: justify"> </p>
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