1606 CORP. financial data

Symbol
CBDW on OTC
Location
Phoenix, AZ
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 12 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 0.52% % -94.81%
Quick Ratio 2.4% % -72.5%
Debt-to-equity -100.52% % 6.5%
Return On Equity 45% % -81.92%
Return On Assets -8,670.79% % -162.08%
Operating Margin -57,515.98% % 43%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 295,836,397 shares 184%
Common Stock, Shares, Outstanding 201,421,230 shares 130%
Entity Public Float $3,279,997 USD 1,828%
Common Stock, Value, Issued $20,141 USD 130%
Weighted Average Number of Shares Outstanding, Diluted 178,328,335 shares 251%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $0 USD -100%
Selling and Marketing Expense $1,994,353 USD 153%
Operating Income (Loss) $-608,080 USD 86%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $-1,122,672 USD 74%
Income Tax Expense (Benefit) $0 USD
Net Income (Loss) Attributable to Parent $-1,122,672 USD 74%
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current $0 USD
Inventory, Net $0 USD -100%
Assets, Current $14,602 USD -66.67%
Assets $14,602 USD -66.67%
Liabilities, Current $2,904,041 USD 36%
Liabilities $2,904,041 USD 36%
Retained Earnings (Accumulated Deficit) $-7,739,968 USD -16.97%
Stockholders' Equity Attributable to Parent $-2,889,439 USD -37.86%
Liabilities and Equity $14,602 USD -66.67%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $-157,678 USD 41%
Net Cash Provided by (Used in) Financing Activities $155,885 USD -32.92%
Net Cash Provided by (Used in) Investing Activities $0 USD
Common Stock, Shares Authorized 5,000,000,000 shares 0%
Common Stock, Shares, Issued 201,421,230 shares 130%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $998 USD -96.27%
Deferred Tax Assets, Valuation Allowance $769,031 USD 43%
Deferred Tax Assets, Gross $769,031 USD 43%
Deferred Tax Assets, Operating Loss Carryforwards $769,031 USD 43%
Preferred Stock, Shares Issued 90 shares
Additional Paid in Capital $4,824,616 USD 7.1%
Deferred Tax Assets, Net of Valuation Allowance $0 USD
Interest Expense $-455,643 USD 223%