WATCHTOWER, INC. Financial Statements (2024 and earlier)

Company Profile

Business Address 100 HENRY STREET,
BROOKLYN,, NY 11201
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 59 - Miscellaneous Retail (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2017
MRQ
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 3,4662,3462,3685669,245
Cash and cash equivalents 3,4662,3462,3685669,245
Total current assets: 3,4662,3462,3685669,245
Noncurrent Assets
TOTAL ASSETS: 3,4662,3462,3685669,245
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 40,86831,2913,0172,9253,161
Interest and dividends payable 39,06529,109   
Accrued liabilities 1,8032,1823,0172,9253,161
Due to related parties 227,624180,124150,124119,47499,474
Other undisclosed current liabilities   20,95214,1528,682
Total current liabilities: 268,492211,415174,093136,551111,317
Noncurrent Liabilities
Total liabilities: 268,492211,415174,093136,551111,317
Equity
Equity, attributable to parent, including: (265,026)(209,069)(171,725)(135,985)(102,072)
Common stock 1,2401,2401,2401,2401,240
Additional paid in capital 54,56054,56054,56054,56054,560
Accumulated deficit (320,826)(264,869)(227,525)  
Other undisclosed equity, attributable to parent    (191,785)(157,872)
Total equity: (265,026)(209,069)(171,725)(135,985)(102,072)
TOTAL LIABILITIES AND EQUITY: 3,4662,3462,3685669,245

Income Statement (P&L) (USD)

3/31/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Gross profit: (28,173)(21,504)(21,480)(21,452)(18,208)
Operating expenses (17,828)(7,683)(7,460)(6,990)(8,279)
Operating loss: (46,001)(29,187)(28,940)(28,442)(26,487)
Nonoperating expense (9,956)(8,157)(6,800)(5,471)(4,220)
Interest and debt expense (9,956)(8,157)(6,800)(5,471)(4,220)
Loss from continuing operations: (65,913)(45,501)(42,540)(39,384)(34,927)
Loss before gain (loss) on sale of properties: (65,913)(45,501)(42,540)(39,384)(34,927)
Net loss: (65,913)(45,501)(42,540)(39,384)(34,927)
Other undisclosed net income attributable to parent 9,9568,1576,8005,4714,220
Net loss available to common stockholders, diluted: (55,957)(37,344)(35,740)(33,913)(30,707)

Comprehensive Income (USD)

3/31/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss: (65,913)(45,501)(42,540)(39,384)(34,927)
Comprehensive loss, net of tax, attributable to parent: (65,913)(45,501)(42,540)(39,384)(34,927)

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.

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