IWEB, INC. financial statements (2020 and earlier)

Company profile

Business Address 8952 BRACKEN CLIFT CT.
LAS VEGAS, 89129
State of Incorp. NV
Fiscal Year End December 31
SIC 731 - Advertising (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 731613
Cash and cash equivalents 731613
Receivables 2121 
Other current assets 761983 
Other undisclosed current assets 35 
Total current assets: 1,5161,0703
Noncurrent Assets
Property, plant and equipment 1013 
Total noncurrent assets: 1013 
TOTAL ASSETS: 1,5261,0833
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 79451
Accrued liabilities 79451
Due to related parties 34345 
Other undisclosed current liabilities  1,000 
Total current liabilities: 1131,3901
Noncurrent Liabilities
Total liabilities: 1131,3901
Stockholders' equity
Stockholders' equity attributable to parent 1,418(307)2
Common stock 885
Additional paid in capital 2,75725711
Accumulated other comprehensive loss (9)(8) 
Accumulated deficit (1,338)(564)(14)
Stockholders' equity attributable to noncontrolling interest (5)  
Total stockholders' equity: 1,413(307)2
TOTAL LIABILITIES AND EQUITY: 1,5261,0833

Income statement (P&L) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
6/30/2016
Revenues 3012625
Other income 28  
Cost of revenue (5)(19) 
Gross profit: 2510725
Operating expenses (819)(564)(44)
Operating loss: (794)(457)(19)
Nonoperating income 165 
Other undisclosed income from continuing operations before equity method investments, income taxes 1,556  
Income (loss) from continuing operations before equity method investments, income taxes: 778(452)(19)
Other undisclosed loss from continuing operations before income taxes (1,556)  
Net loss: (778)(452)(19)
Net income attributable to noncontrolling interest 5  
Net loss available to common stockholders, diluted: (773)(452)(19)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
6/30/2016
Net loss: (778)(452)(19)
Other undisclosed comprehensive loss (1)(10) 
Comprehensive loss: (780)(462)(19)
Comprehensive income, net of tax, attributable to noncontrolling interest 5  
Comprehensive loss, net of tax, attributable to parent: (775)(462)(19)

Statements sources

The financial statements are based on the company's filings with the 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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