FEARLESS FILMS, INC. Financial Statements (2024 and earlier)

Company Profile

Business Address 467 EDGELEY BLVD
CONCORD, ON L4K 4E9
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 7812 - Motion Picture and Video Tape Production (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2022
MRQ
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,81639,0362,779
Cash and cash equivalents 1,81639,0362,779
Prepaid expense 288,871  
Other undisclosed current assets  7,9831,000
Total current assets: 290,68747,0193,779
Noncurrent Assets
Intangible assets, net (including goodwill) 88,40088,400 
Intangible assets, net (excluding goodwill) 88,40088,400 
Total noncurrent assets: 88,40088,400 
TOTAL ASSETS: 379,087135,4193,779
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 627,414435,577450,357
Interest and dividends payable  27,4119,113
Accounts payable 546,393357,971417,199
Accrued liabilities 81,02150,19524,045
Debt 378,519 41,555
Due to related parties  254,922211,698
Other undisclosed current liabilities  85,302118,437
Total current liabilities: 1,005,933775,801822,047
Noncurrent Liabilities
Total liabilities: 1,005,933775,801822,047
Equity
Equity, attributable to parent, including: (626,846)(640,382)(818,268)
Preferred stock 1,0001,0001,000
Common stock 33,89532,295316,543
Common stock, share subscribed but unissued, subscriptions receivable  (878,353) 
Additional paid in capital 3,869,0883,598,6882,576,812
Accumulated other comprehensive income 156,962166,667396,853
Accumulated deficit (6,559,940)(5,317,385)(4,109,476)
Other undisclosed equity, attributable to parent 1,872,1491,756,706 
Total equity: (626,846)(640,382)(818,268)
TOTAL LIABILITIES AND EQUITY: 379,087135,4193,779

Income Statement (P&L) (USD)

3/31/2022
TTM
12/31/2021
12/31/2020
12/31/2019
Operating expenses (1,192,317)(2,317,276)(583,974)
Operating loss: (1,192,317)(2,317,276)(583,974)
Nonoperating income (expense)
(gain, Foreign Currency Transaction, before Tax)
 8,654  
Interest and debt expense (37,000)(20,910)(9,510)
Loss from continuing operations before equity method investments, income taxes: (1,220,663)(2,338,186)(593,484)
Other undisclosed loss from continuing operations before income taxes (21,892)  
Loss from continuing operations: (1,242,555)(2,338,186)(593,484)
Loss before gain (loss) on sale of properties:(1,242,555)(2,338,186)(593,484)
Net loss: (1,242,555)(2,338,186)(593,484)
Other undisclosed net income (loss) attributable to parent  1,130,277(53,420)
Net loss available to common stockholders, diluted: (1,242,555)(1,207,909)(646,904)

Comprehensive Income (USD)

3/31/2022
TTM
12/31/2021
12/31/2020
12/31/2019
Net loss: (1,242,555)(2,338,186)(593,484)
Comprehensive loss: (1,242,555)(2,338,186)(593,484)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (9,705)900,091(55,056)
Comprehensive loss, net of tax, attributable to parent: (1,252,260)(1,438,095)(648,540)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: