1606 Corp. financial data

Symbol
CBDW on OTC
Industry
Services-Prepackaged Software
Location
2425 E. Camelback Rd, Suite 150, Phoenix, AZ
State of incorporation
NV
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 9.94 % -56.3%
Quick Ratio 4.09 % -63.9%
Debt-to-equity -108 %
Return On Equity 249 % +30.5%
Return On Assets -3.31K % -455%
Operating Margin -63.1K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 104M shares +121%
Common Stock, Shares, Outstanding 87.6M shares +85.4%
Entity Public Float 170K USD -99.1%
Common Stock, Value, Issued 8.76K USD +85.4%
Weighted Average Number of Shares Outstanding, Basic 46.7M shares +25.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.25K USD +198%
Selling and Marketing Expense 1.99M USD +153%
General and Administrative Expense 497K USD +16.1%
Operating Income (Loss) -4.57M USD -559%
Nonoperating Income (Expense) -42.4K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.38M USD -146%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -4.38M USD -183%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 48.9K USD -53.4%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD
Inventory, Net 0 USD -100%
Assets, Current 43.8K USD -77.9%
Assets 43.8K USD -77.9%
Accrued Liabilities, Current 188K USD
Liabilities, Current 2.14M USD +37.5%
Liabilities 2.14M USD +37.5%
Retained Earnings (Accumulated Deficit) -6.62M USD -196%
Stockholders' Equity Attributable to Parent -2.1M USD -54.4%
Liabilities and Equity 43.8K USD -77.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -265K USD -13%
Net Cash Provided by (Used in) Financing Activities 232K USD -44%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 5B shares 0%
Common Stock, Shares, Issued 87.6M shares +85.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 26.8K USD -22%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 537K USD +102%
Deferred Tax Assets, Gross 537K USD +102%
Deferred Tax Assets, Operating Loss Carryforwards 537K USD +102%
Preferred Stock, Shares Issued 55.9M shares
Preferred Stock, Shares Authorized 100M shares 0%
Additional Paid in Capital 4.51M USD +420%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 98.3K USD +212%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%