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)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments32,46995,751315,826535,527821,09433,888
Cash and cash equivalents32,46995,751315,826535,527821,09433,888
Receivables    822822822
Inventory, net of allowances, customer advances and progress billings    63,95982,000 
Inventory    63,95982,000 
Prepaid expense18,65619,79624,62642,04118,26817,940
Other current assets3,8433,9121,6231,044  
Total current assets:54,968119,459342,075643,393922,18452,650
Noncurrent Assets
Operating lease, right-of-use asset37,96941,06944,13047,15350,139 
Property, plant and equipment1,177,8701,198,0141,208,8301,231,9931,282,5401,842,355
Intangible assets, net (including goodwill), including:37,48338,13338,783520,234519,61640,003
Intangible assets, net (excluding goodwill)74,96676,26638,783570,901519,61640,003
Other undisclosed intangible assets, net (including goodwill)(37,483)(38,133) (50,667)  
Total noncurrent assets:1,253,3221,277,2161,291,7431,799,3801,852,2951,882,358
TOTAL ASSETS:1,308,2901,396,6751,633,8182,442,7732,774,4791,935,008
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities202,444209,360231,985635,585605,542701,343
Interest and dividends payable43,28139,44859,737
Employee-related liabilities425,750423,250389,250
Accounts payable151,083163,879189,779124,152117,944232,856
Accrued liabilities51,36145,48142,20642,40224,90019,500
Debt3,6613,6613,661  50,843
Due to related parties723723723723
Other undisclosed current liabilities1,238,8401,182,5431,227,653810,607947,800802,999
Total current liabilities:1,444,9451,395,5641,464,0221,446,9151,554,0651,555,908
Noncurrent Liabilities
Total liabilities:1,444,9451,395,5641,464,0221,446,9151,554,0651,555,908
Equity
Equity, attributable to parent, including:(136,655)1,111169,796995,8581,220,414379,100
Common stock123,483123,483123,483123,483122,603120,833
Additional paid in capital83,813,24383,802,79983,796,85783,789,54283,689,14883,328,210
Accumulated other comprehensive income (loss)1,832(901)(788)(1,336)(12)(2,321)
Accumulated deficit(84,731,463)(84,558,020)(84,361,006)(83,504,581)(83,197,575)(83,423,872)
Other undisclosed equity, attributable to parent656,250633,750611,250588,750606,250356,250
Total equity:(136,655)1,111169,796995,8581,220,414379,100
TOTAL LIABILITIES AND EQUITY:1,308,2901,396,6751,633,8182,442,7732,774,4791,935,008

Income Statement (P&L) (USD)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Gross profit:    (2,230)  
Operating expenses(156,163)(183,908)(291,091)(275,730)(407,313)(531,140)
Other undisclosed operating income   2,230   
Operating loss:(156,163)(183,908)(288,861)(277,960)(407,313)(531,140)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(17,280)(13,106)(567,564)(29,046)633,610(59,831)
Interest and debt expense(17,280)(13,106)(20,575)(31,030)(19,438)(46,081)
Income (loss) from continuing operations before equity method investments, income taxes:(190,723)(210,120)(877,000)(338,036)206,859(637,052)
Other undisclosed income from continuing operations before income taxes   117,124   
Income (loss) from continuing operations:(190,723)(210,120)(759,876)(338,036)206,859(637,052)
Income (loss) before gain (loss) on sale of properties:(338,036)206,859(637,052)
Net income (loss):(190,723)(210,120)(759,876)(338,036)206,859(637,052)
Other undisclosed net income (loss) attributable to parent17,28013,106(96,549)31,03019,43846,081
Net income (loss) available to common stockholders, diluted:(173,443)(197,014)(856,425)(307,006)226,297(590,971)

Comprehensive Income (USD)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):(190,723)(210,120)(759,876)(338,036)206,859(637,052)
Other comprehensive income (loss)2,733(113)(1,006)(1,324)2,309(756)
Comprehensive income (loss):(187,990)(210,233)(760,882)(339,360)209,168(637,808)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent17,28013,106(96,549)31,03019,43846,081
Comprehensive income (loss), net of tax, attributable to parent:(170,710)(197,127)(857,431)(308,330)228,606(591,727)

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.

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