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 - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 18 %
Quick Ratio 9.15 % -32.8%
Debt-to-equity -111 %
Return On Equity 87.5 % -50.4%
Return On Assets -806 % -74.9%
Operating Margin -24.8K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 82.4M shares +78.5%
Common Stock, Shares, Outstanding 75.5M shares +63.7%
Entity Public Float 170K USD -99.1%
Common Stock, Value, Issued 7.55K USD +63.6%
Weighted Average Number of Shares Outstanding, Basic 46.7M shares +25.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.32K USD +19.8%
Selling and Marketing Expense 1.99M USD +153%
General and Administrative Expense 497K USD +16.1%
Operating Income (Loss) -1.82M USD +45.6%
Nonoperating Income (Expense) -42.4K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.38M USD -25.6%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -1.38M USD -25.6%

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 2.76K USD
Inventory, Net 72.8K USD -43.7%
Assets, Current 196K USD +7.94%
Assets 196K USD +7.94%
Accrued Liabilities, Current 188K USD
Liabilities, Current 898K USD -9.97%
Liabilities 2.12M USD
Retained Earnings (Accumulated Deficit) -3.05M USD -82.7%
Stockholders' Equity Attributable to Parent -1.92M USD -136%
Liabilities and Equity 196K USD +7.94%

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 75.5M shares +63.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 75K USD +178%
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 1.11M USD +32.1%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 128K USD +4995%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%