FLATWORLD ACQUISITION CORP. Financial Statements (2025 and earlier)

Company Profile

Business Address PALM GROVE HOUSE, PALM GROVE PARK
TORTOLA, VG1110
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments250,000   250,000250,000
Cash and cash equivalent250,000   250,000250,000
Total current assets:250,000   250,000250,000
Noncurrent Assets
TOTAL ASSETS:250,000   250,000250,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:72,69063,01577,04075,06573,09064,865
Other undisclosed accounts payable and accrued liabilities72,69063,01577,04075,06573,09064,865
Due to related parties667,412644,912606,612584,112561,612538,862
Total current liabilities:740,102707,927683,652659,177634,702603,727
Noncurrent Liabilities
Total liabilities:740,102707,927683,652659,177634,702603,727
Equity
Equity, attributable to parent(740,102)(707,927)(683,652)(659,177)(634,702)(603,727)
Common stock311,372311,372311,372311,372311,372311,372
Accumulated deficit(1,051,474)(1,019,299)(995,024)(970,549)(946,074)(915,099)
Total equity:(740,102)(707,927)(683,652)(659,177)(634,702)(603,727)

Income Statement (P&L) (USD)

3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
Operating expenses(32,175)(24,275)(24,475)(24,475)(30,975)(24,225)
Operating loss:(32,175)(24,275)(24,475)(24,475)(30,975)(24,225)
Loss from continuing operations:(32,175)(24,275)(24,475)(24,475)(30,975)(24,225)
Loss before gain (loss) on sale of properties:(32,175)(24,275)(24,475)(24,475)(30,975)(24,225)
Net loss available to common stockholders, diluted:(32,175)(24,275)(24,475)(24,475)(30,975)(24,225)

Comprehensive Income (USD)

3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
Net loss:(32,175)(24,275)(24,475)(24,475)(30,975)(24,225)
Comprehensive loss, net of tax, attributable to parent:(32,175)(24,275)(24,475)(24,475)(30,975)(24,225)

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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