Guskin Gold Corp. (GKIN) Financial Statements (2025 and earlier)

Company Profile

Business Address 4500 GREAT AMERICA PARKWAY, PMB 38
SANTA CLARA, CA 95054
State of Incorp. NV
Fiscal Year End September 30
Industry (SIC) 104 - Gold And Silver Ores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1361404 
Cash and cash equivalent1361404 
Prepaid expense95    
Total current assets:21111404 
Noncurrent Assets
Property, plant and equipment187     
Total noncurrent assets:187     
Other undisclosed assets (0)   0 
TOTAL ASSETS:208111404 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2441652320461
Interest and dividends payable  11 
Other undisclosed accounts payable and accrued liabilities2441652320361
Debt68198178   
Derivative instruments and hedges, liabilities      
Due to related parties15414930633
Total current liabilities:1,07941223126664
Noncurrent Liabilities
Other undisclosed liabilities3,74411,2792,000   
Total liabilities:4,82311,6902,23126664
Equity
Equity, attributable to parent, including:(4,615)(11,679)(2,218)(26)(3)(64)
Common stock4851291111
Common stock, share subscribed but unissued, subscriptions receivable  (75)    
Additional paid in capital1,8861,823(2,176)1,4871,4521,232
Accumulated deficit(6,549)(13,478)(71)(1,514)(1,456)(1,307)
Stockholders' equity note, subscriptions receivable  (75)    
Other undisclosed equity, attributable to parent (0)75    
Total equity:(4,615)(11,679)(2,218)(26)(3)(64)
TOTAL LIABILITIES AND EQUITY:208111404 

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

9/30/2023
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
Revenues11     
Gain on disposition of assets for financial service operations     
Other income 11     
Gross profit:11     
Operating expenses(989)(3,008) (58)(148)(45)
Other undisclosed operating loss(12)     
Operating loss:(990)(3,008) (58)(148)(45)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
7,918(10,399)    
Interest and debt expense   (0)(0)(23)
Income (loss) from continuing operations before equity method investments, income taxes:6,929(13,407) (58)(149)(67)
Other undisclosed income from continuing operations before income taxes0     
Income (loss) from continuing operations:6,929(13,407) (58)(149)(67)
Loss before gain (loss) on sale of properties:(13,407)(58)(149)(67)
Net income (loss) available to common stockholders, diluted:6,929(13,407) (58)(149)(67)

Comprehensive Income ($ in thousands)

9/30/2023
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
Net income (loss):6,929(13,407) (58)(149)(67)
Other comprehensive income80049    
Comprehensive income (loss), net of tax, attributable to parent:7,729(13,358) (58)(149)(67)

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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