Freedom Internet Group Inc. (FIGI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
151 CALLE SAN FRANCISCO SAN JUAN, 00901 |
| State of Incorp. | |
| Fiscal Year End | October 31 |
| Industry (SIC) | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 10/31/2022 | 10/31/2021 | 10/31/2020 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 629 | 1,035 | |||
| Cash and cash equivalents | 629 | 1,035 | |||
| Prepaid expense | 12 | 17 | |||
| Intangible current assets | 150 | ||||
| Other undisclosed current assets | |||||
| Total current assets: | 790 | 1,052 | |||
| Noncurrent Assets | |||||
| Long-term investments and receivables | |||||
| Accounts and financing receivable, after allowance for credit loss | |||||
| Advance royalties | 731 | ||||
| Other undisclosed noncurrent assets | 596 | (45) | |||
| Total noncurrent assets: | 596 | 686 | |||
| TOTAL ASSETS: | 1,386 | 1,738 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 17 | 26 | |||
| Other undisclosed accounts payable and accrued liabilities | 17 | 26 | |||
| Total current liabilities: | 17 | 26 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 11 | ||||
| Long-term debt, excluding current maturities | 11 | ||||
| Total noncurrent liabilities: | 11 | ||||
| Total liabilities: | 17 | 38 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 1,369 | 1,700 | |||
| Common stock | 111 | 92 | |||
| Additional paid in capital | 2,240 | 2,240 | |||
| Accumulated deficit | (983) | (652) | |||
| Other undisclosed equity, attributable to parent | 19 | ||||
| Total equity: | 1,369 | 1,700 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,386 | 1,738 | |||
Income Statement (P&L) ($ in thousands)
| 10/31/2022 | 10/31/2021 | 10/31/2020 | ||
|---|---|---|---|---|
| Revenues | 66 | 102 | ||
| Gross profit: | 66 | 102 | ||
| Operating expenses | (359) | (415) | ||
| Operating loss: | (293) | (313) | ||
| Nonoperating income (expense) | 39 | (171) | ||
| Interest and debt expense | (161) | |||
| Loss from continuing operations: | (415) | (484) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (415) | (484) | |
| Net loss: | (415) | (484) | ||
| Other undisclosed net income attributable to parent | 84 | |||
| Net loss available to common stockholders, diluted: | (331) | (484) | ||
Comprehensive Income ($ in thousands)
| 10/31/2022 | 10/31/2021 | 10/31/2020 | ||
|---|---|---|---|---|
| Net loss: | (415) | (484) | ||
| Comprehensive loss, net of tax, attributable to parent: | (415) | (484) | ||
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.