Changing Technologies Inc (CHGT) Financial Statements (2026 and earlier)

Company Profile

Business Address 14173 NORWEST FREEWAY #240
HOUSTON, TX 77040
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2016
Q3
12/31/2015
Q2
9/30/2015
Q1
6/30/2015
Q4
3/31/2015
Q3
12/31/2014
Q2
9/30/2014
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5891,4591,3461,61614,79326,560
Cash and cash equivalent5891,4591,3461,61614,79326,560
Receivables 875100    
Prepaid expense      
Total current assets:1,4641,5591,3461,61614,79326,560
Noncurrent Assets
Intangible asset, including goodwill, after accumulated amortization    105,000105,00065,000
Intangible asset, excluding goodwill, after accumulated amortization    105,000105,00065,000
Total noncurrent assets:    105,000105,00065,000
TOTAL ASSETS:1,4641,5591,346106,616119,79391,560
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:132,859115,284224,539198,994111,22964,052
Interest and dividends payable29,90615,239    
Accounts payable4,390     
Other undisclosed accounts payable and accrued liabilities98,563100,045224,539198,994111,22964,052
Debt40,62717,646    
Other undisclosed current liabilities34,29615,239    
Total current liabilities:207,782148,169224,539198,994111,22964,052
Noncurrent Liabilities
Long-term debt and lease obligation15,91414,14619,72412,2624,811 
Long-term debt, excluding current maturities15,91414,14619,72412,2624,811 
Liabilities, other than long-term debt   18,00410,2683,841 
Accounts payable and accrued liabilities   18,00410,2683,841 
Other undisclosed noncurrent liabilities13,86412,918    
Total noncurrent liabilities:29,77827,06437,72822,5308,652 
Total liabilities:237,560175,233262,267221,524119,88164,052
Equity
Equity, attributable to parent(236,096)(173,674)(260,921)(114,908)(88)27,508
Preferred stock1,0001,0001,000   
Common stock60,00060,00060,0006,0006,0006,000
Additional paid in capital689,893598,428381,807343,308293,649185,390
Accumulated deficit(986,989)(833,102)(703,728)(464,216)(299,737)(163,882)
Total equity:(236,096)(173,674)(260,921)(114,908)(88)27,508
TOTAL LIABILITIES AND EQUITY:1,4641,5591,346106,616119,79391,560

Income Statement (P&L) (USD)

3/31/2016
Q3
12/31/2015
Q2
9/30/2015
Q1
6/30/2015
Q4
3/31/2015
Q3
12/31/2014
Q2
9/30/2014
Q1
Revenues
(Revenue, Net)
1,169100    
Gross profit:1,169100    
Operating expenses(114,694)(107,253)(224,313)(150,601)(127,203)(96,695)
Operating loss:(113,525)(107,153)(224,313)(150,601)(127,203)(96,695)
Nonoperating expense(40,362)(22,221)(15,199)(13,878)(8,652) 
Debt instrument, convertible, beneficial conversion feature  216,621    
Other nonoperating expense    (13,878)(8,652) 
Interest and debt expense(40,362)(22,221)(15,199)(13,878)(8,652) 
Loss from continuing operations:(194,249)(151,595)(254,711)(178,357)(144,507)(96,695)
Loss before gain (loss) on sale of properties:(194,249)(151,595)(254,711)(178,357)(144,507)(96,695)
Net loss:(194,249)(151,595)(254,711)(178,357)(144,507)(96,695)
Other undisclosed net income attributable to parent40,36222,22115,19913,8788,652 
Net loss available to common stockholders, diluted:(153,887)(129,374)(239,512)(164,479)(135,855)(96,695)

Comprehensive Income (USD)

3/31/2016
Q3
12/31/2015
Q2
9/30/2015
Q1
6/30/2015
Q4
3/31/2015
Q3
12/31/2014
Q2
9/30/2014
Q1
Net loss:(194,249)(151,595)(254,711)(178,357)(144,507)(96,695)
Comprehensive loss, net of tax, attributable to parent:(194,249)(151,595)(254,711)(178,357)(144,507)(96,695)

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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