Crank Media Inc (CRKM) Financial Statements (2026 and earlier)

Company Profile

Business Address 1720-650 WEST GEORGIA STREET
VANCOUVER, BC V6B 4N8
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   358358358214
Cash and cash equivalent   358358358214
Receivables24,928     
Other undisclosed current assets  24,928    
Total current assets:24,92824,928358358358214
Noncurrent Assets
TOTAL ASSETS:24,92824,928358358358214
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:197,17779,21514,71317,62214,04917,123
Employee-related liabilities      462,500
Accrued liabilities  240    
Other undisclosed accounts payable and accrued liabilities197,17778,97514,71317,62214,049(445,377)
Deferred revenue1,0661,7062,3452,9843,6244,263
Debt  134,000113,089153,118149,550143,771
Deferred compensation liability   350,000350,000350,000350,000
Due to related parties26,346 12,45010,2812,7812,781
Other undisclosed current liabilities164,47842,928   462,500
Total current liabilities:389,067257,849492,597534,005520,004980,438
Noncurrent Liabilities
Total liabilities:389,067257,849492,597534,005520,004980,438
Equity
Equity, attributable to parent(364,139)(232,921)(492,239)(533,647)(519,646)(980,224)
Common stock40,10740,1075,7575,1325,1325,132
Common stock, value, subscriptions3,0003,000    
Additional paid in capital2,820,3892,820,3892,119,9752,058,1001,933,1001,345,600
Accumulated deficit(3,227,635)(3,096,417)(2,617,971)(2,596,879)(2,457,878)(2,330,956)
Total equity:(364,139)(232,921)(492,239)(533,647)(519,646)(980,224)
TOTAL LIABILITIES AND EQUITY:24,92824,928358358358214

Income Statement (P&L) (USD)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
Revenues640639639639640639
Gross profit:640639639639640639
Operating expenses(129,150)(328,145)(18,967)(135,815)(130,879)(136,874)
Operating loss:(128,510)(327,506)(18,328)(135,176)(130,239)(136,235)
Nonoperating income (expense)  (150,940)(2,764)(3,825)3,317(6,384)
Interest and debt expense      (6,384)
Loss from continuing operations before equity method investments, income taxes:(128,510)(478,446)(21,092)(139,001)(126,922)(149,003)
Other undisclosed loss from continuing operations before income taxes(2,708)     
Loss from continuing operations:(131,218)(478,446)(21,092)(139,001)(126,922)(149,003)
Loss before gain (loss) on sale of properties:(131,218)(478,446)(21,092)(139,001)(126,922)(149,003)
Net loss:(131,218)(478,446)(21,092)(139,001)(126,922)(149,003)
Other undisclosed net income attributable to parent      6,384
Net loss available to common stockholders, diluted:(131,218)(478,446)(21,092)(139,001)(126,922)(142,619)

Comprehensive Income (USD)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
Net loss:(131,218)(478,446)(21,092)(139,001)(126,922)(149,003)
Comprehensive loss, net of tax, attributable to parent:(131,218)(478,446)(21,092)(139,001)(126,922)(149,003)

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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