FutureWorld Corp. (FWDG) Financial Statements (2024 and earlier)

Company Profile

Business Address 10901 ROOSEVELT BLVD
SAINT PETERSBURG, FL 33716
State of Incorp. FL
Fiscal Year End March 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

12/31/2016
Q3
3/31/2015
Q4
12/31/2014
Q3
9/30/2014
Q2
6/30/2014
Q1
3/31/2014
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,330150,794285,787133,437 
Cash and cash equivalents2,330150,794285,787133,437 
Receivables154,206544,131133,54539,970 
Inventory, net of allowances, customer advances and progress billings 76,59137,9313,46611,485 
Inventory 76,59137,9313,46611,485 
Prepaid expense 100    
Other undisclosed current assets     
Total current assets:233,227732,856422,798184,892 
Noncurrent Assets
Property, plant and equipment3,877974   
Long-term investments and receivables, including:96,732    
Long-term investments92,830    
Other undisclosed long-term investments and receivables 3,902    
Intangible assets, net (including goodwill) 94,16998,020100,825 
Intangible assets, net (excluding goodwill) 94,16998,020100,825 
Deposits noncurrent assets  2,2052,2052,327 
Other undisclosed noncurrent assets 60,000   
Total noncurrent assets:100,609157,348100,225103,152 
TOTAL ASSETS:333,836890,204523,023288,044 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:946,7662,632,9052,404,7612,275,927 
Interest and dividends payable 138,60979,09964,935 
Employee-related liabilities  1,154,1721,111,6101,072,714 
Accounts payable30,40047,34320,883937 
Accrued liabilities 916,3661,292,7811,193,1691,137,341 
Other undisclosed accounts payable and accrued liabilities     
Debt447,762520,574352,095132,016 
Deferred revenue and credits (365,209)    
Due to related parties  189,017205,748  
Other undisclosed current liabilities (1,292,781)(1,190,709)(1,137,649) 
Total current liabilities:1,029,3192,049,7151,771,8951,270,294 
Noncurrent Liabilities
Liabilities, other than long-term debt 129,247  223,844 
Due to related parties 129,247  223,844 
Other undisclosed noncurrent liabilities     
Total noncurrent liabilities:129,247  223,844 
Total liabilities:1,158,5662,049,7151,771,8951,494,138 
Equity
Equity, attributable to parent, including:(824,930)(1,159,511)(1,248,872)(1,206,089) 
Preferred stock800    
Common stock73,15345,51745,39745,137 
Additional paid in capital6,713,9975,655,2965,417,6994,991,067 
Accumulated deficit(7,612,879)    
Other undisclosed equity, attributable to parent(1)(6,860,324)(6,711,968)(6,242,293) 
Other undisclosed equity 200  1 
Total equity:(824,730)(1,159,511)(1,248,872)(1,206,088) 
TOTAL LIABILITIES AND EQUITY:333,836890,204523,023288,050 

Income Statement (P&L) (USD)

12/31/2016
Q3
3/31/2015
Q4
12/31/2014
Q3
9/30/2014
Q2
6/30/2014
Q1
3/31/2014
Q4
Revenues
(Revenue, Net)
 (398,869)362,41677,463309 
Cost of revenue (4,398)(6,763)(37,352)(182) 
Gross profit: (403,267)355,65340,111127 
Operating expenses 2,098,365(479,757)(342,155)(173,570) 
Other undisclosed operating loss (2,146,181)    
Operating loss: (451,083)(124,104)(302,044)(173,443) 
Nonoperating expense (281,832)(43,892)(142,430)(5,301) 
Interest and debt expense (281,832)(43,892)(142,430)(5,301) 
Loss from continuing operations before equity method investments, income taxes: (1,014,747)(211,888)(586,904)(184,045) 
Other undisclosed income (loss) from continuing operations before income taxes (211,506)43,892142,4305,174 
Loss from continuing operations: (1,226,253)(167,996)(444,474)(178,871) 
Loss before gain (loss) on sale of properties: (1,226,253)(167,996)(444,474)(178,871) 
Net loss: (1,226,253)(167,996)(444,474)(178,871) 
Other undisclosed net income attributable to parent 493,338    
Net loss available to common stockholders, diluted: (732,915)(167,996)(444,474)(178,871) 

Comprehensive Income (USD)

12/31/2016
Q3
3/31/2015
Q4
12/31/2014
Q3
9/30/2014
Q2
6/30/2014
Q1
3/31/2014
Q4
Net loss: (1,226,253)(167,996)(444,474)(178,871) 
Comprehensive loss, net of tax, attributable to parent: (1,226,253)(167,996)(444,474)(178,871) 

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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