Bang Holdings Corp. (BXNG) Financial Statements (2024 and earlier)

Company Profile

Business Address 1400 NE MIAMI GARDENS DR. STE 202
NORTH MIAMI BEACH, FL 33179
State of Incorp. CO
Fiscal Year End December 31
Industry (SIC) 21 - Tobacco Products (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments60,71475,335142,94327,203106,214244,968
Cash and cash equivalents60,71475,335142,94327,203106,214244,968
Receivables48,28188,281    
Inventory, net of allowances, customer advances and progress billings   (72,332)(72,332)(72,332)(72,332)
Inventory   (72,332)(72,332)(72,332)(72,332)
Prepaid expense1,0001,0002,2292,22914,69610,789
Other undisclosed current assets  7,500104,83294,83272,33272,332
Total current assets:109,995172,116177,67251,932120,910255,757
Noncurrent Assets
Property, plant and equipment5,8936,5887,2837,9784,7614,056
Total noncurrent assets:5,8936,5887,2837,9784,7614,056
TOTAL ASSETS:115,888178,704184,95559,910125,671259,813
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities718,844660,997267,622257,742208,731399,779
Employee-related liabilities411,973365,342   199,592
Accounts payable99,07198,38693,67090,35056,01763,957
Accrued liabilities207,800197,269173,952167,392152,714136,230
Debt91,50085,00085,00085,00085,00085,000
Due to related parties85,00077,50070,00062,50055,00065,507
Other undisclosed current liabilities500,000514,786840,598792,608748,170518,507
Total current liabilities:1,395,3441,338,2831,263,2201,197,8501,096,9011,068,793
Noncurrent Liabilities
Total liabilities:1,395,3441,338,2831,263,2201,197,8501,096,9011,068,793
Equity
Equity, attributable to parent(1,279,456)(1,159,579)(1,078,265)(1,137,940)(971,230)(808,980)
Common stock2,3622,3612,3632,3442,3402,336
Additional paid in capital3,196,3333,180,2813,204,9803,026,1872,928,9172,836,375
Accumulated deficit(4,478,151)(4,342,221)(4,285,608)(4,166,471)(3,902,487)(3,647,691)
Total equity:(1,279,456)(1,159,579)(1,078,265)(1,137,940)(971,230)(808,980)
TOTAL LIABILITIES AND EQUITY:115,888178,704184,95559,910125,671259,813

Income Statement (P&L) (USD)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
Revenues53,50080,98160,00037,500 132
Revenue, net53,50080,98160,00037,500 132
Cost of revenue
(Cost of Goods and Services Sold)
      (72,332)
Gross profit:53,50080,98160,00037,500 (72,200)
Operating expenses(173,329)(120,257)(164,212)(286,720)(240,115)(351,874)
Operating loss:(119,829)(39,276)(104,212)(249,220)(240,115)(424,074)
Nonoperating expense(16,101)(17,337)(14,925)(14,764)(14,681)(14,744)
Interest and debt expense(16,101)(17,337)(14,925)(14,764)(14,681)(14,744)
Loss from continuing operations before equity method investments, income taxes:(152,031)(73,950)(134,062)(278,748)(269,477)(453,562)
Other undisclosed income from continuing operations before income taxes16,10117,33714,92514,76414,68114,744
Loss from continuing operations:(135,930)(56,613)(119,137)(263,984)(254,796)(438,818)
Loss before gain (loss) on sale of properties:(135,930)(56,613)(119,137)(263,984)(254,796)(438,818)
Net loss available to common stockholders, diluted:(135,930)(56,613)(119,137)(263,984)(254,796)(438,818)

Comprehensive Income (USD)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
Net loss:(135,930)(56,613)(119,137)(263,984)(254,796)(438,818)
Comprehensive loss, net of tax, attributable to parent:(135,930)(56,613)(119,137)(263,984)(254,796)(438,818)

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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