WEED, Inc. (BUDZ) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4920 N. POST TRAIL TUCSON, AZ 85750 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8731 - Commercial Physical and Biological Research (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 290,409 | 315,826 | 19,654 | 12,629 | 2,509 | 70,608 | |||
| Cash and cash equivalents | 290,409 | 315,826 | 19,654 | 12,629 | 2,509 | 70,608 | |||
| Receivables | 822 | 822 | 822 | 21 | |||||
| Prepaid expense | 24,622 | 24,626 | 21,442 | 29,683 | 30,979 | 71,290 | |||
| Deposits current assets | 212,000 | 92,000 | 350,020 | ||||||
| Other current assets | 4,855 | 1,623 | |||||||
| Other undisclosed current assets | |||||||||
| Total current assets: | 319,886 | 342,075 | 41,918 | 255,134 | 126,310 | 491,939 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 31,653 | 44,130 | ✕ | ||||||
| Property, plant and equipment | 516,340 | 1,208,830 | 1,876,731 | 1,520,763 | 1,780,385 | 2,344,133 | |||
| Intangible assets, net (including goodwill) | 36,183 | 38,783 | 40,576 | 43,100 | 45,917 | 48,517 | |||
| Intangible assets, net (excluding goodwill) | 36,183 | 38,783 | 40,576 | 43,100 | 45,917 | 48,517 | |||
| Other undisclosed noncurrent assets | 136,400 | ||||||||
| Total noncurrent assets: | 584,176 | 1,291,743 | 1,917,307 | 1,563,863 | 1,826,302 | 2,529,050 | |||
| TOTAL ASSETS: | 904,062 | 1,633,818 | 1,959,225 | 1,818,997 | 1,952,612 | 3,020,989 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 248,343 | 231,985 | 678,994 | 544,664 | 350,884 | 247,362 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 50,887 | 30,437 | 16,453 | 6,903 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 365,750 | |||||
| Accounts payable | 183,565 | 189,779 | 245,857 | 241,977 | 212,181 | 240,459 | |||
| Accrued liabilities | 64,778 | 42,206 | 16,500 | 272,250 | 122,250 | ||||
| Debt | 3,661 | 3,661 | 65,607 | 115,191 | 167,263 | ||||
| Asset retirement obligation | 35,800 | ||||||||
| Other liabilities | 18,500 | 10,000 | |||||||
| Due to related parties | ✕ | ✕ | 723 | 723 | 122,250 | 12,000 | |||
| Other undisclosed current liabilities | 360,949 | 1,227,653 | 596,401 | 258,923 | 102,573 | ||||
| Total current liabilities: | 648,753 | 1,464,022 | 1,341,725 | 937,278 | 752,970 | 259,362 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 648,753 | 1,464,022 | 1,341,725 | 937,278 | 752,970 | 259,362 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 255,309 | 169,796 | 617,500 | 881,719 | 1,199,642 | 2,761,627 | |||
| Common stock | 123,483 | 123,483 | 119,223 | 113,373 | 109,263 | 105,951 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | 356,250 | 356,250 | 356,250 | ||||||
| Additional paid in capital | 83,818,351 | 83,796,857 | 82,976,493 | 80,403,267 | 76,660,712 | 50,896,121 | |||
| Accumulated other comprehensive income (loss) | (4,788) | (788) | (1,565) | (120) | (609) | ||||
| Accumulated deficit | (84,392,563) | (84,361,006) | (82,832,901) | (79,991,051) | (75,925,974) | (48,396,295) | |||
| Other undisclosed equity, attributable to parent | 710,826 | 611,250 | 356,250 | (200,400) | |||||
| Total equity: | 255,309 | 169,796 | 617,500 | 881,719 | 1,199,642 | 2,761,627 | |||
| TOTAL LIABILITIES AND EQUITY: | 904,062 | 1,633,818 | 1,959,225 | 1,818,997 | 1,952,612 | 3,020,989 | |||
Income Statement (P&L) (USD)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (770,568) | (1,505,274) | (2,801,376) | (4,076,474) | (27,417,067) | (28,084,004) | ||
| Operating loss: | (770,568) | (1,505,274) | (2,801,376) | (4,076,474) | (27,417,067) | (28,084,004) | ||
| Nonoperating income (expense) | 739,991 | (22,831) | (40,474) | 11,397 | (112,612) | (1,231,003) | ||
| Other nonoperating income (expense) | 739,991 | (22,831) | (40,474) | 11,397 | (112,612) | (1,231,003) | ||
| Interest and debt expense | (45,374) | (117,124) | (39,244) | (40,828) | (11,672) | (1,064,720) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (75,951) | (1,645,229) | (2,881,094) | (4,105,905) | (27,541,351) | (30,379,727) | ||
| Other undisclosed income from continuing operations before income taxes | 117,124 | 39,244 | ||||||
| Income (loss) from continuing operations before income taxes: | (75,951) | (1,528,105) | (2,841,850) | (4,105,905) | (27,541,351) | (30,379,727) | ||
| Income tax expense | (980) | |||||||
| Other undisclosed loss from continuing operations | ||||||||
| Income (loss) from continuing operations: | (76,931) | (1,528,105) | (2,841,850) | (4,105,905) | (27,541,351) | (30,379,727) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (2,841,850) | (4,105,905) | (27,541,351) | (30,379,727) | |
| Other undisclosed net income | 45,374 | |||||||
| Net income (loss): | (31,557) | (1,528,105) | (2,841,850) | (4,105,905) | (27,541,351) | (30,379,727) | ||
| Other undisclosed net income (loss) attributable to parent | 40,828 | 11,672 | 1,064,720 | |||||
| Net income (loss) available to common stockholders, diluted: | (31,557) | (1,528,105) | (2,841,850) | (4,065,077) | (27,529,679) | (29,315,007) | ||
Comprehensive Income (USD)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (31,557) | (1,528,105) | (2,841,850) | (4,105,905) | (27,541,351) | (30,379,727) | ||
| Other comprehensive income (loss) | 5,576 | (777) | 1,445 | 489 | (609) | |||
| Comprehensive income (loss): | (25,981) | (1,528,882) | (2,840,405) | (4,105,416) | (27,541,960) | (30,379,727) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 40,828 | 11,672 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (25,981) | (1,528,882) | (2,840,405) | (4,064,588) | (27,530,288) | (30,379,727) | ||
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.