Formation Minerals, Inc. financial data

Symbol
FOMI on OTC
Industry
Crude Petroleum & Natural Gas
Location
4730 S. Fort Apache Rd., Suite 300, Las Vegas, NV
State of incorporation
NV
Fiscal year end
April 30
Former names
SensaSure Technologies, Inc. (to 4/24/2024)
Latest financial report
10-Q - Q2 2024 - Sep 23, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 3.45 % -90.7%
Debt-to-equity -111 % -155%
Return On Equity 180 % +89%
Return On Assets -2.46K % -746%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 91.4M shares +62.2%
Common Stock, Shares, Outstanding 91.4M shares +62.2%
Entity Public Float 0 USD
Common Stock, Value, Issued 914K USD +109%
Weighted Average Number of Shares Outstanding, Basic 84M shares +1467%
Weighted Average Number of Shares Outstanding, Diluted 84M shares +1467%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 36.1K USD -52.3%
Research and Development Expense 3.23K USD -83.4%
General and Administrative Expense 1.28M USD +115%
Operating Income (Loss) -1.52M USD -64.7%
Nonoperating Income (Expense) 982K USD +9565%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.68M USD -115%
Net Income (Loss) Attributable to Parent -1.07M USD -18.5%
Earnings Per Share, Basic 0.04 USD/shares
Earnings Per Share, Diluted 0.04 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 63.8K USD
Assets, Current 88.7K USD +252%
Property, Plant and Equipment, Net 236K USD
Assets 325K USD +1190%
Accounts Payable, Current 326K USD 0%
Accrued Liabilities, Current 43.5K USD -33.5%
Liabilities, Current 848K USD -23%
Liabilities 2.55M USD +123%
Common Stocks, Including Additional Paid in Capital 49.5K USD +800%
Accumulated Other Comprehensive Income (Loss), Net of Tax -214K USD +22.1%
Retained Earnings (Accumulated Deficit) -20M USD -224%
Stockholders' Equity Attributable to Parent -2.22M USD -218%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -834K USD +21.5%
Liabilities and Equity 325K USD +1190%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -289K USD +25.6%
Net Cash Provided by (Used in) Financing Activities 141K USD -39.7%
Net Cash Provided by (Used in) Investing Activities 140K USD -57.6%
Common Stock, Shares Authorized 1.85B shares +640%
Common Stock, Shares, Issued 91.4M shares +62.2%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.58K USD -105%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents -4.88K USD -102%
Deferred Tax Assets, Valuation Allowance 1.02M USD +8.63%
Depreciation 15.5K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.68M USD -119%
Deferred Tax Assets, Operating Loss Carryforwards 1.02M USD +8.63%
Additional Paid in Capital 16.9M USD +267%
Deferred Tax Assets, Net of Valuation Allowance 96.6K USD -34.1%
Share-based Payment Arrangement, Expense 250K USD
Interest Expense 8.15K USD -1.35%