Absolute Potential Inc (ABWS) Financial Statements (2024 and earlier)

Company Profile

Business Address 141 WEST JACKSON BOULEVARD
CHICAGO, IL 60604
State of Incorp. FL
Fiscal Year End September 30
Industry (SIC) 2851 - Paints, Varnishes, Lacquers, Enamels, and Allied Products (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

12/31/2013
Q1
9/30/2013
Q4
6/30/2013
Q3
3/31/2013
Q2
12/31/2012
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments27272727
Cash and cash equivalents27272727
Total current assets:27272727
Noncurrent Assets
TOTAL ASSETS:27272727
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities60,79259,13255,16165,431
Accounts payable60,79259,13255,16165,431
Due to related parties998,988994,549994,549981,284
Other undisclosed current liabilities(711,773)(707,334)(707,334)(694,069)
Total current liabilities:348,007346,347342,376352,646
Noncurrent Liabilities
Other undisclosed noncurrent liabilities998,988994,549994,549981,284
Total noncurrent liabilities:998,988994,549994,549981,284
Total liabilities:1,346,9951,340,8961,336,9251,333,930
Equity
Equity, attributable to parent(1,346,968)(1,340,869)(1,336,898)(1,333,903)
Common stock64646464
Additional paid in capital625,372625,372625,372625,372
Accumulated deficit(1,972,404)(1,966,305)(1,962,334)(1,959,339)
Total equity:(1,346,968)(1,340,869)(1,336,898)(1,333,903)
TOTAL LIABILITIES AND EQUITY:27272727

Income Statement (P&L) (USD)

12/31/2013
Q1
9/30/2013
Q4
6/30/2013
Q3
3/31/2013
Q2
12/31/2012
Q1
Gross profit:(4,439)  (119)
Operating expenses(6,099)(3,971)(2,995)(10,389)
Operating loss:(10,538)(3,971)(2,995)(10,508)
Loss from continuing operations:(10,538)(3,971)(2,995)(10,508)
Loss before gain (loss) on sale of properties:(10,538)(3,971)(2,995)(10,508)
Net loss:(10,538)(3,971)(2,995)(10,508)
Other undisclosed net income attributable to parent4,439  119
Net loss available to common stockholders, diluted:(6,099)(3,971)(2,995)(10,389)

Comprehensive Income (USD)

12/31/2013
Q1
9/30/2013
Q4
6/30/2013
Q3
3/31/2013
Q2
12/31/2012
Q1
Net loss:(10,538)(3,971)(2,995)(10,508)
Comprehensive loss, net of tax, attributable to parent:(10,538)(3,971)(2,995)(10,508)

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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