NEXT GALAXY CORP. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1680 MICHIGAN AVENUE MIAMI BEACH, FL 33139 |
| State of Incorp. | NV |
| Fiscal Year End | May 31 |
| Industry (SIC) | 7361 - Employment Agencies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 8/31/2015 MRQ | 5/31/2015 | 5/31/2014 | 5/31/2013 | 5/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 42,775 | 7,047 | 2,178 | ✕ | |||
| Cash and cash equivalents | 42,775 | 7,047 | 2,178 | ✕ | |||
| Inventory, net of allowances, customer advances and progress billings | ✕ | 21,740 | ✕ | ||||
| Inventory | 21,740 | ✕ | |||||
| Prepaid expense | 489,534 | ✕ | ✕ | ||||
| Total current assets: | 532,309 | 7,047 | 23,918 | ✕ | |||
| Noncurrent Assets | |||||||
| Intangible assets, net (including goodwill) | 140,000 | ✕ | ✕ | ✕ | |||
| Intangible assets, net (excluding goodwill) | 140,000 | ✕ | |||||
| Other undisclosed noncurrent assets | 4,260,000 | ✕ | |||||
| Total noncurrent assets: | 4,400,000 | ✕ | |||||
| TOTAL ASSETS: | 4,932,309 | 7,047 | 23,918 | ✕ | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 96,000 | 24,000 | ✕ | ||||
| Employee-related liabilities | 96,000 | 24,000 | ✕ | ||||
| Debt | 115,463 | 34,380 | ✕ | ||||
| Derivative instruments and hedges, liabilities | 1,168,015 | 141,706 | ✕ | ||||
| Other liabilities | 311,431 | 483,129 | 283,986 | ✕ | |||
| Due to related parties | 258,609 | 1,024,372 | ✕ | ||||
| Customer advances and deposits | 50,000 | ✕ | ✕ | ✕ | |||
| Other undisclosed current liabilities | 190,181 | (24,000) | 711,761 | ✕ | |||
| Total current liabilities: | 2,189,699 | 1,507,501 | 1,171,833 | ✕ | |||
| Noncurrent Liabilities | |||||||
| Other undisclosed noncurrent liabilities | (36,181) | ✕ | |||||
| Total noncurrent liabilities: | (36,181) | ✕ | |||||
| Total liabilities: | 2,153,518 | 1,507,501 | 1,171,833 | ✕ | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 2,742,610 | (1,500,454) | (1,147,915) | ✕ | |||
| Common stock | 1,569 | 661 | 647 | ✕ | |||
| Additional paid in capital | 9,297,952 | 1,039,147 | 1,027,161 | ✕ | |||
| Accumulated deficit | (81,158) | (81,158) | ✕ | ||||
| Other undisclosed equity, attributable to parent | (6,556,911) | (2,459,104) | (2,094,565) | ✕ | |||
| Total equity: | 2,742,610 | (1,500,454) | (1,147,915) | ✕ | |||
| Other undisclosed liabilities and equity | 36,181 | ✕ | |||||
| TOTAL LIABILITIES AND EQUITY: | 4,932,309 | 7,047 | 23,918 | ✕ | |||
Income Statement (P&L) (USD)
| 8/31/2015 TTM | 5/31/2015 | 5/31/2014 | 5/31/2013 | 5/31/2012 | ||
|---|---|---|---|---|---|---|
| Cost of goods and services sold | (21,740) | ✕ | ||||
| Gross profit: | (80,207) | (160,147) | ✕ | |||
| Operating expenses | (5,947,156) | (284,332) | (559,869) | ✕ | ||
| Other undisclosed operating income | 9,223,890 | ✕ | ||||
| Operating income (loss): | 3,276,734 | (364,539) | (720,016) | ✕ | ||
| Nonoperating income (Investment Income, Nonoperating) | 464,071 | 141,706 | ✕ | |||
| Interest and debt expense | (22,421) | (111,800) | (8,001) | ✕ | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (7,690,360) | ✕ | ||||
| Loss from continuing operations: | (3,971,976) | (334,633) | (728,017) | ✕ | ||
| Loss before gain (loss) on sale of properties: | (3,927,303) | (334,633) | (728,017) | ✕ | ||
| Income from discontinued operations | 44,673 | ✕ | ||||
| Net loss: | (3,927,303) | (334,633) | (728,017) | ✕ | ||
| Net income attributable to noncontrolling interest | 4,016,649 | ✕ | ||||
| Other undisclosed net income (loss) attributable to parent | (4,105,995) | (29,906) | 8,001 | ✕ | ||
| Net loss available to common stockholders, diluted: | (4,016,649) | (364,539) | (720,016) | ✕ | ||
Comprehensive Income (USD)
| 8/31/2015 TTM | 5/31/2015 | 5/31/2014 | 5/31/2013 | 5/31/2012 | ||
|---|---|---|---|---|---|---|
| Net loss: | (3,927,303) | (334,633) | (728,017) | ✕ | ||
| Comprehensive loss: | (3,927,303) | (334,633) | (728,017) | ✕ | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 4,016,649 | ✕ | ||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 3,927,303 | (29,906) | ✕ | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,016,649 | (364,539) | (728,017) | ✕ | ||
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.