FOMO CORP. (FOMC) financial statements (2022 and earlier)

Company profile

Business Address 25 N RIVER LANE
GENEVA, IL 60134
State of Incorp. CA
Fiscal Year End December 31
SIC 6799 - Investors, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

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 investments4743226912 00
Cash and cash equivalents2023226912 00
Short-term investments273      
Receivables69608721   
Inventory, net of allowances, customer advances and progress billings233232     
Inventory233232     
Prepaid expense171131 1   
Other undisclosed current assets634318    
Total current assets:1,01149737334 00
Noncurrent Assets
Long-term investments and receivables168   232  
Long-term investments168   232  
Intangible assets, net (including goodwill)1,735      
Goodwill597      
Intangible assets, net (excluding goodwill)1,139      
Deposits noncurrent assets    50  
Other noncurrent assets 2,0272,144971   
Other undisclosed noncurrent assets     126126
Total noncurrent assets:1,9032,0272,144971282126126
TOTAL ASSETS:2,9142,5242,5171,005282126126
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9788508836163122
Accounts payable72 4663111111
Accrued liabilities 63  25153112
Interest and dividends payable2525425   
Debt350415205226143178 
Derivative instruments and hedges, liabilities4485922,210834363213409
Due to related parties5184   
Other undisclosed current liabilities24213310917294294448
Total current liabilities:1,1421,2292,5811,169836848980
Noncurrent Liabilities
Total liabilities:1,1421,2292,5811,169836848980
Stockholders' equity
Stockholders' equity attributable to parent, including:1,7721,295(64)(164)(553)(722)(854)
Common stock5,8995,3425,1664,2333,8863,8233,823
Common stock, value, subscriptions125125125125125125125
Additional paid in capital4,8314,6964,6963,1391,307870864
Accumulated deficit(9,084)(8,869)(10,052)(7,663)(5,872)(5,540)(5,666)
Other undisclosed stockholders' equity attributable to parent1111100
Total stockholders' equity:1,7721,295(64)(164)(553)(722)(854)
TOTAL LIABILITIES AND EQUITY:2,9142,5242,5171,005282126126

Income statement (P&L) ($ in thousands)

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
Revenues1088515192   
Cost of revenue(98)(65)(132)    
Gross profit:101919    
Operating expenses(233)(360)(590)(1,287)(215)(49)(51)
Other undisclosed operating income   4   
Operating loss:(223)(340)(571)(1,284)(215)(49)(51)
Nonoperating income (expense)81,523(1,819)(507)(116)175410
Investment income, nonoperating54(288)  42  
Interest and debt expense(8) (232)6425(21)(11)
Income (loss) from continuing operations before equity method investments, income taxes:(223)1,183(2,621)(1,727)(307)105349
Other undisclosed income (loss) from continuing operations before income taxes8 232(64)(25)2111
Net income (loss) available to common stockholders, diluted:(215)1,183(2,389)(1,791)(332)126360

Comprehensive Income ($ in thousands)

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 income (loss):(215)1,183(2,389)(1,791)(332)126360
Comprehensive income (loss), net of tax, attributable to parent:(215)1,183(2,389)(1,791)(332)126360

Statements sources

The financial statements are based on the company's filings with the 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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