CORPORATE UNIVERSE INC (COUV) Financial Statements (2025 and earlier)

Company Profile

Business Address 2093 PHILADELPHIA PIKE - 8334
CLAYMONT, DE 19703
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments464,2273,208
Cash and cash equivalents464,2273,208
Inventory, net of allowances, customer advances and progress billings101,745114,487
Inventory101,745114,487
Prepaid expense23,421 
Other undisclosed current assets109,725669,113
Total current assets:699,118786,808
Noncurrent Assets
Property, plant and equipment775,001187,156
Other noncurrent assets945,3831,157,679
Other undisclosed noncurrent assets  
Total noncurrent assets:1,720,3841,344,835
Other undisclosed assets  
TOTAL ASSETS:2,419,5022,131,643
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,205,6411,969,905
Employee-related liabilities398,299
Accounts payable819,6401,173,307
Accrued liabilities386,001398,299
Debt851,76170,039
Due to related parties1,195,908585,000
Other undisclosed current liabilities335,916(284,525)
Total current liabilities:3,589,2262,340,419
Noncurrent Liabilities
Long-term debt and lease obligation:  401,224
Liabilities, other than long-term debt271,808 
Operating lease, liability271,808401,224
Other undisclosed noncurrent liabilities  (401,224)
Total noncurrent liabilities:271,808401,224
Total liabilities:3,861,0342,741,643
Equity
Equity, attributable to parent, including:(1,441,532)(610,000)
Common stock56,88553,355
Additional paid in capital3,743,3962,292,427
Accumulated other comprehensive income (loss)(109,828)20,963
Accumulated deficit(5,132,013)(2,976,773)
Other undisclosed equity, attributable to parent2828
Total equity:(1,441,532)(610,000)
TOTAL LIABILITIES AND EQUITY:2,419,5022,131,643

Income Statement (P&L) (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
Gross profit:  (197,054)
Operating expenses(2,166,103)(3,066,229)
Other undisclosed operating income  197,054
Operating loss:(2,166,103)(3,066,229)
Interest and debt expense(108,728)(85,349)
Loss from continuing operations before equity method investments, income taxes:(2,274,831)(3,151,578)
Other undisclosed loss from continuing operations before income taxes(210,592) 
Loss from continuing operations before income taxes:(2,485,423)(3,151,578)
Income tax benefit 437,994
Loss from continuing operations:(2,485,423)(2,713,584)
Loss before gain (loss) on sale of properties:(2,713,584)
Other undisclosed net loss (300,952)
Net loss:(2,485,423)(3,014,536)
Other undisclosed net income attributable to parent330,183437,994
Net loss available to common stockholders, diluted:(2,155,240)(2,576,542)

Comprehensive Income (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
Net loss:(2,485,423)(3,014,536)
Other comprehensive income  
Comprehensive loss:(2,485,423)(3,014,536)
Other undisclosed comprehensive income, net of tax, attributable to parent192,733465,647
Comprehensive loss, net of tax, attributable to parent:(2,292,690)(2,548,889)

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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