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)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments290,409643,70232,46995,751315,826535,527
Cash and cash equivalents290,409643,70232,46995,751315,826535,527
Receivables      822
Inventory, net of allowances, customer advances and progress billings      63,959
Inventory      63,959
Prepaid expense24,62228,41018,65619,79624,62642,041
Other current assets4,85512,0113,8433,9121,6231,044
Total current assets:319,886684,12354,968119,459342,075643,393
Noncurrent Assets
Operating lease, right-of-use asset31,65334,83137,96941,06944,13047,153
Property, plant and equipment516,340520,0511,177,8701,198,0141,208,8301,231,993
Intangible assets, net (including goodwill), including:36,18336,83337,48338,13338,783520,234
Intangible assets, net (excluding goodwill)36,18373,66674,96676,26638,783570,901
Other undisclosed intangible assets, net (including goodwill) (36,833)(37,483)(38,133) (50,667)
Total noncurrent assets:584,176591,7151,253,3221,277,2161,291,7431,799,380
TOTAL ASSETS:904,0621,275,8381,308,2901,396,6751,633,8182,442,773
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities248,343210,961202,444209,360231,985635,585
Interest and dividends payable43,281
Employee-related liabilities425,750
Accounts payable183,565147,606151,083163,879189,779124,152
Accrued liabilities64,77863,35551,36145,48142,20642,402
Debt3,6613,6613,6613,6613,661 
Asset retirement obligation35,800     
Due to related parties723723
Other undisclosed current liabilities360,949439,4591,238,8401,182,5431,227,653810,607
Total current liabilities:648,753654,0811,444,9451,395,5641,464,0221,446,915
Noncurrent Liabilities
Total liabilities:648,753654,0811,444,9451,395,5641,464,0221,446,915
Equity
Equity, attributable to parent, including:255,309621,757(136,655)1,111169,796995,858
Common stock123,483123,483123,483123,483123,483123,483
Additional paid in capital83,818,35183,813,24383,813,24383,802,79983,796,85783,789,542
Accumulated other comprehensive income (loss)(4,788)3,1961,832(901)(788)(1,336)
Accumulated deficit(84,392,563)(83,997,215)(84,731,463)(84,558,020)(84,361,006)(83,504,581)
Other undisclosed equity, attributable to parent710,826679,050656,250633,750611,250588,750
Total equity:255,309621,757(136,655)1,111169,796995,858
TOTAL LIABILITIES AND EQUITY:904,0621,275,8381,308,2901,396,6751,633,8182,442,773

Income Statement (P&L) (USD)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Gross profit:      (2,230)
Operating expenses(191,673)(238,824)(156,163)(183,908)(291,091)(275,730)
Other undisclosed operating income     2,230 
Operating loss:(191,673)(238,824)(156,163)(183,908)(288,861)(277,960)
Nonoperating income (expense)(202,695)973,072(17,280)(13,106)(567,564)(29,046)
Other nonoperating income (expense)(202,695)973,072(17,280)(13,106)(567,564)(29,046)
Interest and debt expense315(15,303)(17,280)(13,106)(20,575)(31,030)
Income (loss) from continuing operations before equity method investments, income taxes:(394,053)718,945(190,723)(210,120)(877,000)(338,036)
Other undisclosed income from continuing operations before income taxes     117,124 
Income (loss) from continuing operations before income taxes:(394,053)718,945(190,723)(210,120)(759,876)(338,036)
Other undisclosed loss from continuing operations (980)     
Income (loss) from continuing operations:(395,033)718,945(190,723)(210,120)(759,876)(338,036)
Loss before gain (loss) on sale of properties:(338,036)
Other undisclosed net income45,374     
Net income (loss):(349,659)718,945(190,723)(210,120)(759,876)(338,036)
Other undisclosed net income (loss) attributable to parent (45,689)15,30317,28013,106(96,549)31,030
Net income (loss) available to common stockholders, diluted:(395,348)734,248(173,443)(197,014)(856,425)(307,006)

Comprehensive Income (USD)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Net income (loss):(349,659)718,945(190,723)(210,120)(759,876)(338,036)
Other comprehensive income (loss)1,5921,3642,733(113)(1,006)(1,324)
Comprehensive income (loss):(348,067)720,309(187,990)(210,233)(760,882)(339,360)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (45,689)15,30317,28013,106(96,549)31,030
Comprehensive income (loss), net of tax, attributable to parent:(393,756)735,612(170,710)(197,127)(857,431)(308,330)

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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