2024 Q4 Form 10-K Financial Statement
#000147793224008431 Filed on December 31, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q2 | 2024 |
---|---|---|---|
Revenue | $2.429M | ||
YoY Change | 7504.57% | ||
Cost Of Revenue | $1.235M | ||
YoY Change | |||
Gross Profit | $1.194M | ||
YoY Change | |||
Gross Profit Margin | 49.15% | ||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $288.5K | ||
YoY Change | 0.9% | ||
Operating Profit | $905.1K | ||
YoY Change | -456.35% | ||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $719.0K | ||
YoY Change | |||
Pretax Income | |||
YoY Change | |||
Income Tax | $352.2K | ||
% Of Pretax Income | |||
Net Earnings | $1.272M | ||
YoY Change | 400.76% | ||
Net Earnings / Revenue | 52.37% | ||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | |||
COMMON SHARES | |||
Basic Shares Outstanding | 2.096B shares | 2.096B shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q4 | 2024 Q2 | 2024 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $25.94K | ||
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | $3.962M | ||
Prepaid Expenses | |||
Receivables | $0.00 | ||
Other Receivables | |||
Total Short-Term Assets | $3.988M | ||
YoY Change | 3973.03% | ||
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 | ||
YoY Change | -100.0% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $3.988M | ||
Total Long-Term Assets | $0.00 | ||
Total Assets | $3.988M | ||
YoY Change | 3939.41% | ||
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 | $3.692M | ||
YoY Change | 115.8% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $5.036M | ||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.692M | ||
Total Long-Term Liabilities | $5.036M | ||
Total Liabilities | $8.728M | ||
YoY Change | 528.81% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.300M | ||
YoY Change | -53.6% | ||
Common Stock | $209.6K | ||
YoY Change | -0.01% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | |||
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.988M | ||
YoY Change | 3939.41% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q2 | 2024 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.272M | ||
YoY Change | 400.76% | ||
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$65.63K | ||
YoY Change | -69.07% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $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 | $35.96K | ||
YoY Change | -86.29% | ||
NET CHANGE | |||
Cash From Operating Activities | -$65.63K | ||
Cash From Investing Activities | $0.00 | ||
Cash From Financing Activities | $35.96K | ||
Net Change In Cash | $24.81K | ||
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$65.63K | ||
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q2 | us-gaap |
Assets Current
AssetsCurrent
|
1130 | usd |
CY2024Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3692443 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1130 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
0 | usd |
CY2024 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001683252 | |
CY2024 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2024 | dei |
Document Fiscal Period Focus
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|
FY | |
CY2024 | dei |
Document Fiscal Year Focus
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2024 | |
CY2024 | dei |
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Common Stock Par Or Stated Value Per Share
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|
0.0001 | |
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Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2023Q2 | us-gaap |
Common Stock Shares Issued
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Common Stock Shares Outstanding
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
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Interest Paid Net
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Interest Paid Net
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Income Taxes Paid Net
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Document Type
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2024-06-30 | |
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false | |
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Entity File Number
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000-55688 | |
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Entity Registrant Name
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Token Communities, Ltd. | |
CY2024 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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DE | |
CY2024 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
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81-3709511 | |
CY2024 | dei |
Entity Address Address Line1
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850 Tidewater Shore Loop | |
CY2024 | dei |
Entity Address Address Line2
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Suite 402 | |
CY2024 | dei |
Entity Address City Or Town
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Bradenton | |
CY2024 | dei |
Entity Address State Or Province
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FL | |
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Entity Address Postal Zip Code
EntityAddressPostalZipCode
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34208 | |
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City Area Code
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631 | |
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Local Phone Number
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397-1111 | |
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Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
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Entity Voluntary Filers
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|
No | |
CY2024 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
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Yes | |
CY2024 | dei |
Entity Interactive Data Current
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Entity Filer Category
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Entity Small Business
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Entity Emerging Growth Company
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Auditor Name
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Beckles & Co. Inc. | |
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7116 | |
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West Palm Beach, FL | |
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Common Stock Value
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Minority Interest
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Minority Interest
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Net Income Loss Including Noncontrolling Interest
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Net Income Loss Including Noncontrolling Interest
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Earning Per Shares Basic And Diluted
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|
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Earning Per Shares Basic And Diluted
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|
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Weighted Average Number Of Shares Outstanding Basic And Diluted
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|
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|
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|
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|
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Notes Payable Related Party
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Asc Global Acquisition
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Asc Global Acquisition
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Gains Losses On Extinguishment Of Debt
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Notes Issued1
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Book Income For The Year
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Book Income For The Year
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|
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Accrued Liabilities For Commissions Expense And Taxes
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Tax Income Loss For The Year
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|
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Tax Income Loss For The Year
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|
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Effective Income Tax Rate Reconciliation Tax Credits Investment
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|
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Effective Income Tax Rate Reconciliation Tax Credits Investment
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|
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|
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DeferredTaxAssetsNet
|
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CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
0 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
236 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
342010 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-15752 | usd |
CY2024 | us-gaap |
Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
|
10146 | usd |
CY2023 | us-gaap |
Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
|
15516 | usd |
CY2023 | tkcm |
Permanent Difference
PermanentDifference
|
0 | usd |
CY2024 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
0 | usd |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
236 | usd |
CY2024 | tkcm |
Total Estimated Income Tax Liability
TotalEstimatedIncomeTaxLiability
|
352156 | usd |
CY2023 | tkcm |
Total Estimated Income Tax Liability
TotalEstimatedIncomeTaxLiability
|
0 | usd |