WATCHTOWER, INC. Financial Statements (2026 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
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,4666,2894,796 2,346 
Cash and cash equivalent3,4666,2894,796 2,346 
Total current assets:3,4666,2894,796 2,346 
Noncurrent Assets
TOTAL ASSETS:3,4666,2894,796 2,346 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities40,86837,61135,05840,75531,29127,047
Interest and dividends payable39,06536,31633,76331,35529,10926,840
Accrued liabilities1,8031,2951,2959,4002,182207
Debt    541 3,104
Due to related parties227,624215,124200,124180,124180,124170,124
Total current liabilities:268,492252,735235,182221,420211,415200,275
Noncurrent Liabilities
Total liabilities:268,492252,735235,182221,420211,415200,275
Equity
Equity, attributable to parent(265,026)(246,446)(230,386)(221,420)(209,069)(200,275)
Common stock1,2401,2401,2401,2401,2401,240
Additional paid in capital54,56054,56054,56054,56054,56054,560
Accumulated deficit(320,826)(302,246)(286,186)(277,220)(264,869)(256,075)
Total equity:(265,026)(246,446)(230,386)(221,420)(209,069)(200,275)
TOTAL LIABILITIES AND EQUITY:3,4666,2894,796 2,346 

Income Statement (P&L) (USD)

3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
Gross profit:(12,750)(3,000)(5,250)(7,173)(4,500)(4,000)
Operating expenses(3,081)(10,508)(1,307)(2,933)(2,025)(1,731)
Operating loss:(15,831)(13,508)(6,557)(10,106)(6,525)(5,731)
Nonoperating expense(2,749)(2,553)(2,409)(2,245)(2,269)(2,105)
Interest and debt expense(2,749)(2,553)(2,409)(2,245)(2,269)(2,105)
Loss from continuing operations:(21,329)(18,614)(11,375)(14,596)(11,063)(9,941)
Loss before gain (loss) on sale of properties:(21,329)(18,614)(11,375)(14,596)(11,063)(9,941)
Net loss:(21,329)(18,614)(11,375)(14,596)(11,063)(9,941)
Other undisclosed net income attributable to parent2,7492,5532,4092,2452,2692,105
Net loss available to common stockholders, diluted:(18,580)(16,061)(8,966)(12,351)(8,794)(7,836)

Comprehensive Income (USD)

3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
Net loss:(21,329)(18,614)(11,375)(14,596)(11,063)(9,941)
Comprehensive loss, net of tax, attributable to parent:(21,329)(18,614)(11,375)(14,596)(11,063)(9,941)

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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