CORPORATE UNIVERSE INC (COUV) Financial Statements (2026 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)Annual | Quarterly
| 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 investments | 41,938 | 52,244 | 464,227 | 94,318 | 5,705 | 44,063 | |||
| Cash and cash equivalent | 41,938 | 52,244 | 464,227 | 94,318 | 5,705 | 44,063 | |||
| Inventory, net of allowances, customer advances and progress billings | 108,027 | 105,128 | 101,745 | 94,639 | 103,377 | 111,792 | |||
| Inventory | 108,027 | 105,128 | 101,745 | 94,639 | 103,377 | 111,792 | |||
| Prepaid expense | 29,755 | 14,929 | 23,421 | 22,762 | 11,028 | ||||
| Other undisclosed current assets | 125,467 | 175,583 | 109,725 | 187,518 | 858,405 | 697,237 | |||
| Total current assets: | 305,187 | 347,884 | 699,118 | 399,237 | 978,515 | 853,092 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 831,457 | 800,770 | 775,001 | 787,146 | 695,824 | 227,428 | |||
| Other noncurrent assets | 854,487 | 903,144 | 945,383 | 1,105,646 | 1,133,443 | 1,170,964 | |||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 1,685,944 | 1,703,914 | 1,720,384 | 1,892,792 | 1,829,267 | 1,398,392 | |||
| Other undisclosed assets | |||||||||
| TOTAL ASSETS: | 1,991,131 | 2,051,798 | 2,419,502 | 2,292,029 | 2,807,782 | 2,251,484 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,414,541 | 1,335,699 | 1,205,641 | 2,573,955 | 2,537,366 | 1,563,014 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 552,280 | 463,615 | 330,822 | ||
| Accounts payable | 1,025,550 | 866,037 | 819,640 | 1,469,395 | 1,610,136 | 901,370 | |||
| Accrued liabilities | 388,991 | 469,662 | 386,001 | 552,280 | 463,615 | 330,822 | |||
| Debt | 196,500 | 206,500 | 851,761 | 175,000 | 425,000 | 75,000 | |||
| Due to related parties | ✕ | ✕ | 1,369,595 | 1,195,908 | 832,804 | 872,784 | 670,789 | ||
| Other undisclosed current liabilities | 2,690,975 | 865,736 | 335,916 | 100,407 | (329,754) | (206,308) | |||
| Total current liabilities: | 4,302,016 | 3,777,530 | 3,589,226 | 3,682,166 | 3,505,396 | 2,102,495 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 343,462 | 334,130 | 366,573 | ||||||
| Liabilities, other than long-term debt | 228,307 | 239,464 | 271,808 | ||||||
| Operating lease, liability | 228,307 | 239,464 | 271,808 | 343,462 | 334,130 | 366,573 | |||
| Other undisclosed noncurrent liabilities | (343,462) | (334,130) | (366,573) | ||||||
| Total noncurrent liabilities: | 228,307 | 239,464 | 271,808 | 343,462 | 334,130 | 366,573 | |||
| Total liabilities: | 4,530,323 | 4,016,994 | 3,861,034 | 4,025,628 | 3,839,526 | 2,469,068 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,539,192) | (1,965,196) | (1,441,532) | (1,733,599) | (1,031,744) | (217,584) | |||
| Common stock | 58,757 | 57,598 | 56,885 | 55,311 | 54,998 | 55,835 | |||
| Additional paid in capital | 4,115,899 | 3,885,183 | 3,743,396 | 3,479,971 | 3,355,284 | 3,289,447 | |||
| Accumulated other comprehensive loss | (101,059) | (124,587) | (109,828) | (295,049) | (119,330) | (26,785) | |||
| Accumulated deficit | (6,612,817) | (5,783,418) | (5,132,013) | (4,973,860) | (4,322,724) | (3,536,109) | |||
| Other undisclosed equity, attributable to parent | 28 | 28 | 28 | 28 | 28 | 28 | |||
| Total equity: | (2,539,192) | (1,965,196) | (1,441,532) | (1,733,599) | (1,031,744) | (217,584) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,991,131 | 2,051,798 | 2,419,502 | 2,292,029 | 2,807,782 | 2,251,484 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 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 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (635,552) | (521,698) | 25,605 | (672,539) | (889,213) | (629,956) | ||
| Operating income (loss): | (635,552) | (521,698) | 25,605 | (672,539) | (889,213) | (629,956) | ||
| Interest and debt expense | (194,994) | (129,910) | (64,438) | (35,195) | (6,352) | (2,743) | ||
| Loss from continuing operations before equity method investments, income taxes: | (830,546) | (651,608) | (38,833) | (707,734) | (895,565) | (632,699) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (59,516) | (60,883) | (210,789) | 197 | ||||
| Loss from continuing operations before income taxes: | (890,062) | (712,491) | (249,622) | (707,537) | (895,565) | (632,699) | ||
| Income tax expense (benefit) | 60,663 | 61,086 | 108,950 | (73,363) | ||||
| Loss from continuing operations: | (829,399) | (651,405) | (249,622) | (707,537) | (786,615) | (706,062) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (707,537) | (786,615) | (706,062) | |
| Other undisclosed net income (loss) | (238,714) | 73,363 | ||||||
| Net loss: | (829,399) | (651,405) | (488,336) | (707,537) | (786,615) | (632,699) | ||
| Other undisclosed net income attributable to parent | 330,183 | 56,401 | 73,363 | |||||
| Net loss available to common stockholders, diluted: | (829,399) | (651,405) | (158,153) | (651,136) | (786,615) | (559,336) | ||
Comprehensive Income (USD)Annual | Quarterly
| 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 loss: | (829,399) | (651,405) | (488,336) | (707,537) | (786,615) | (632,699) | ||
| Other comprehensive income | 829,759 | 767,200 | ||||||
| Comprehensive income (loss): | 360 | 115,795 | (488,336) | (707,537) | (786,615) | (632,699) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 330,174 | 56,266 | (166,616) | 102,673 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 360 | 115,795 | (158,162) | (651,271) | (953,231) | (530,026) | ||
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.