$TCRI
TechCom, Inc.

2023 Q2 Form 10-Q Financial Statement

#000168316823003626 Filed on May 22, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
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 $26.69K $16.62K
YoY Change -36.51% 39.08%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $26.69K $16.62K
YoY Change -36.51% 39.2%
Operating Profit -$19.49K -$26.69K -$16.62K
YoY Change -61.23% -36.51% 39.2%
Interest Expense $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$26.69K -$16.62K
YoY Change -36.51% -95.39%
Income Tax
% Of Pretax Income
Net Earnings -$19.49K -$26.69K -$16.62K
YoY Change -61.23% -36.51% -95.39%
Net Earnings / Revenue
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 $0.00
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 2023 Q2 2023 Q1 2022 Q4
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
YoY Change
Inventory
Prepaid Expenses $3.000K $3.000K $0.00
Receivables
Other Receivables
Total Short-Term Assets $3.000K $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 $3.000K $3.000K $0.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $3.000K $3.000K $0.00
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.490K
YoY Change 14.0%
Accrued Expenses $10.48K $7.487K $10.20K
YoY Change -74.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $173.8K $154.3K $124.6K
YoY Change 59.66% 163.4% 653.19%
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 $173.8K $154.3K $124.6K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $173.8K $154.3K $124.6K
YoY Change 59.66% 163.4% 653.19%
SHAREHOLDERS EQUITY
Retained Earnings -$2.590M -$2.571M -$2.544M
YoY Change 2.45% 4.44%
Common Stock $650.00 $650.00 $650.00
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$170.8K -$151.3K -$124.6K
YoY Change
Total Liabilities & Shareholders Equity $3.000K $3.000K $0.00
YoY Change

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income -$19.49K -$26.69K -$16.62K
YoY Change -61.23% -36.51% -95.39%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $0.00 $0.00
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
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 $0.00 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities $0.00 0.000
Cash From Investing Activities $0.00 0.000
Cash From Financing Activities $0.00 0.000
Net Change In Cash $0.00 0.000
YoY Change
FREE CASH FLOW
Cash From Operating Activities $0.00 $0.00
Capital Expenditures $0.00 $0.00
Free Cash Flow $0.00 $0.00
YoY Change

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<p id="xdx_80C_eus-gaap--NatureOfOperations_zOkrHSlBhGHh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 1 – <span id="xdx_820_zeILkLp1q0Vh">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 on October 13, 2017, 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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0001683168-23-003626-index.html Edgar Link pending
0001683168-23-003626.txt Edgar Link pending
0001683168-23-003626-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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tcri-20230331.xsd Edgar Link pending
techcom_ex3101.htm Edgar Link pending
techcom_ex3102.htm Edgar Link pending
techcom_ex3201.htm Edgar Link pending
techcom_ex3202.htm Edgar Link pending
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