Genvor Inc (GNVR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
201 S. ELLIOTT ROAD, SUITE 538 CHAPEL HILL, NC 27514 |
| State of Incorp. | NV |
| Fiscal Year End | September 30 |
| Industry (SIC) | 01 - Agricultural Production Crops (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 3/31/2024 MRQ | 12/31/2023 MRQ | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 207,635 | 44,354 | 296,385 | |||||
| Cash and cash equivalents | 207,635 | 44,354 | 296,385 | |||||
| Prepaid expense | 17,500 | 21,975 | ||||||
| Other current assets | 2,000 | |||||||
| Total current assets: | 225,135 | 66,329 | 298,385 | |||||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 15,276 | 15,734 | 17,565 | |||||
| Other undisclosed noncurrent assets | 1 | |||||||
| Total noncurrent assets: | 15,276 | 15,734 | 17,566 | |||||
| TOTAL ASSETS: | 240,411 | 82,063 | 315,951 | |||||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 317,388 | 388,809 | 270,178 | 7,585 | 13,500 | |||
| Accounts payable | 7,585 | 7,500 | ||||||
| Accrued liabilities | 146,946 | 6,000 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 317,388 | 388,809 | 123,232 | |||||
| Debt | 1,065,750 | 1,368,250 | 1,100,750 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 16,239 | 3,846 | |||
| Other undisclosed current liabilities | 50,515 | 30,000 | 250,246 | 3,846 | ||||
| Total current liabilities: | 1,433,653 | 1,787,059 | 1,621,174 | 27,670 | 17,346 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 89,221 | |||||||
| Long-term debt, excluding current maturities | 89,221 | |||||||
| Total noncurrent liabilities: | 89,221 | |||||||
| Total liabilities: | 1,433,653 | 1,787,059 | 1,710,395 | 27,670 | 17,346 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | (1,193,242) | (1,704,996) | (1,394,444) | (27,670) | (17,346) | |||
| Common stock | 19,836 | 19,062 | 38,678 | 20,000 | 20,000 | |||
| Treasury stock, value | (300,000) | (300,000) | ||||||
| Additional paid in capital | 18,155,595 | 16,293,188 | 14,608,815 | 16,870 | 3,370 | |||
| Accumulated deficit | (19,070,734) | (17,719,307) | (16,041,937) | (64,540) | (40,716) | |||
| Other undisclosed equity, attributable to parent | 2,061 | 2,061 | ||||||
| Total equity: | (1,193,242) | (1,704,996) | (1,394,444) | (27,670) | (17,346) | |||
| TOTAL LIABILITIES AND EQUITY: | 240,411 | 82,063 | 315,951 | |||||
Income Statement (P&L) (USD)
| 3/31/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|
| Operating expenses | (2,630,181) | (1,438,686) | (23,824) | (4,870) | |||
| Operating loss: | (2,630,181) | (1,438,686) | (23,824) | (4,870) | |||
| Nonoperating expense | (249,188) | (268,795) | |||||
| Interest and debt expense | (115,505) | (105,000) | |||||
| Loss from continuing operations: | (2,994,874) | (1,812,481) | (23,824) | (4,870) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (23,824) | (4,870) | |
| Other undisclosed net income | 4,990,097 | 3,519,962 | |||||
| Net income (loss): | 1,995,223 | 1,707,481 | (23,824) | (4,870) | |||
| Other undisclosed net loss attributable to parent | (4,874,592) | (3,414,962) | |||||
| Net loss available to common stockholders, basic: | (2,879,369) | (1,707,481) | (23,824) | (4,870) | |||
| Dilutive securities, effect on basic earnings per share | 500,000 | 500,000 | |||||
| Other undisclosed net income available to common stockholders, diluted | 500,000 | ||||||
| Net loss available to common stockholders, diluted: | (1,879,369) | (1,207,481) | (23,824) | (4,870) | |||
Comprehensive Income (USD)
| 3/31/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,995,223 | 1,707,481 | (23,824) | (4,870) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,995,223 | 1,707,481 | (23,824) | (4,870) | |||
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.