Quad M Solutions, Inc. financial data

Symbol
MMMM on OTC
Industry
Miscellaneous Metal Ores
Location
1111 Beltline Road, Suite 108, Garland, TX
State of incorporation
ID
Fiscal year end
December 31
Former names
MINERAL MOUNTAIN MINING & MILLING CO (to 6/4/2019)
Latest financial report
10-Q - Q2 2023 - Aug 14, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 16.9 % +43.7%
Debt-to-equity -121 % -6.44%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 217M shares +67.7%
Common Stock, Shares, Outstanding 175M shares
Entity Public Float 6.52M USD
Common Stock, Value, Issued 175K USD
Weighted Average Number of Shares Outstanding, Basic 175M shares +24.4%
Weighted Average Number of Shares Outstanding, Diluted 175M shares +24.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 0 USD -100%
Cost of Revenue 0 USD -100%
General and Administrative Expense 53K USD -91.3%
Operating Income (Loss) -105K USD -110%
Nonoperating Income (Expense) 749K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -105K USD -106%
Net Income (Loss) Attributable to Parent -105K USD -106%
Earnings Per Share, Basic 0 USD/shares 0%
Earnings Per Share, Diluted 0 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.82K USD
Accounts Receivable, after Allowance for Credit Loss, Current 253K USD
Other Assets, Current 253K USD
Assets, Current 9.91M USD
Assets 9.91M USD
Accounts Payable, Current 390K USD
Accrued Liabilities, Current 1.5K USD
Liabilities, Current 9.45M USD
Liabilities 9.45M USD
Retained Earnings (Accumulated Deficit) -35.1M USD
Stockholders' Equity Attributable to Parent 463K USD
Liabilities and Equity 9.91M USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -891K USD +37.1%
Net Cash Provided by (Used in) Financing Activities 22K USD -98.7%
Net Cash Provided by (Used in) Investing Activities -81K USD -1317%
Common Stock, Shares Authorized 900M shares
Common Stock, Shares, Issued 175M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -869K USD -716%
Deferred Tax Assets, Valuation Allowance 6.12M USD +50.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 6.12M USD +50.5%
Deferred Tax Assets, Operating Loss Carryforwards 27.6M USD +55%
Preferred Stock, Shares Issued 2.42M shares
Preferred Stock, Shares Authorized 10M shares
Additional Paid in Capital 35M USD
Preferred Stock, Shares Outstanding 2.42M shares
Interest Expense 674K USD +52.4%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares