Essential Innovations Technology Corp (EITC) Financial Statements (2024 and earlier)

Company Profile

Business Address 142-114 W MAGNOLIA STREET SUITE 400
BELLINGHAM, WA 98225
State of Incorp. NV
Fiscal Year End October 31
Industry (SIC) 359 - Miscellaneous Industrial And Commercial (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

1/31/2016
Q1
10/31/2015
Q4
7/31/2015
Q3
4/30/2015
Q2
1/31/2015
Q1
10/31/2014
Q4
7/31/2014
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11,97278,05350,49940,57213498
Cash and cash equivalents11,97278,05350,49940,57213498
Total current assets:11,97278,05350,49940,57213498
Noncurrent Assets
Property, plant and equipment      
Intangible assets, net (including goodwill) 1,246     
Intangible assets, net (excluding goodwill) 1,246     
Total noncurrent assets:1,246     
TOTAL ASSETS:13,21878,05350,49940,57213498
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities544,271522,241515,616607,553581,836550,171
Employee-related liabilities27,90619,55920,212119,48689,48664,033
Accounts payable417,865410,182402,904395,567399,850401,138
Accrued liabilities98,50092,50092,50092,50092,50085,000
Debt491,299491,299491,299491,299491,299491,299
Due to related parties241,216220,603156,643132,51874,51155,369
Total current liabilities:1,276,7861,234,1431,163,5581,231,3701,147,6461,096,839
Noncurrent Liabilities
Total liabilities:1,276,7861,234,1431,163,5581,231,3701,147,6461,096,839
Equity
Equity, attributable to parent, including:(1,263,568)(1,156,090)(1,113,059)(1,190,798)(1,147,512)(1,096,741)
Common stock42,72842,72842,72824,35324,35324,353
Additional paid in capital3,323,9153,323,9153,323,9153,208,5403,208,5403,208,540
Accumulated deficit(1,849,309)(1,849,309)(1,849,309)(1,849,309)(1,849,309)(1,849,309)
Other undisclosed equity, attributable to parent(2,780,902)(2,673,424)(2,630,393)(2,574,382)(2,531,096)(2,480,325)
Total equity:(1,263,568)(1,156,090)(1,113,059)(1,190,798)(1,147,512)(1,096,741)
TOTAL LIABILITIES AND EQUITY:13,21878,05350,49940,57213498

Income Statement (P&L) (USD)

1/31/2016
Q1
10/31/2015
Q4
7/31/2015
Q3
4/30/2015
Q2
1/31/2015
Q1
10/31/2014
Q4
7/31/2014
Q3
Operating expenses(101,093)(36,646)(49,834)(36,901)(44,386)(58,433)
Operating loss:(101,093)(36,646)(49,834)(36,901)(44,386)(58,433)
Interest and debt expense (6,385)(6,385)(6,177)(6,385)(6,385)(6,385)
Loss from continuing operations before income taxes:(107,478)(43,031)(56,011)(43,286)(50,771)(64,818)
Other undisclosed income from continuing operations     84,000 
Income (loss) from continuing operations:(107,478)(43,031)(56,011)(43,286)33,229(64,818)
Income (loss) before gain (loss) on sale of properties:(107,478)(43,031)(56,011)(43,286)33,229(64,818)
Net income (loss):(107,478)(43,031)(56,011)(43,286)33,229(64,818)
Other undisclosed net loss attributable to parent     (84,000) 
Net loss available to common stockholders, diluted:(107,478)(43,031)(56,011)(43,286)(50,771)(64,818)

Comprehensive Income (USD)

1/31/2016
Q1
10/31/2015
Q4
7/31/2015
Q3
4/30/2015
Q2
1/31/2015
Q1
10/31/2014
Q4
7/31/2014
Q3
Net income (loss):(107,478)(43,031)(56,011)(43,286)33,229(64,818)
Comprehensive income (loss), net of tax, attributable to parent:(107,478)(43,031)(56,011)(43,286)33,229(64,818)

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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