Greencity Acquisition Corporation (GRCY) Financial Statements (2025 and earlier)

Company Profile

Business Address SUITE 807 TOWER 2 CENTURY LINK PLAZA
PUDONG DISTRICT, 20000
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments61,773473,945
Cash and cash equivalent61,773473,945
Other undisclosed current assets5,100125,420
Total current assets:66,873599,365
Noncurrent Assets
Other undisclosed noncurrent assets41,419,55740,615,212
Total noncurrent assets:41,419,55740,615,212
TOTAL ASSETS:41,486,43041,214,577
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:213,47276,649
Other undisclosed accounts payable and accrued liabilities213,47276,649
Due to related parties1,193,812394,590
Other undisclosed current liabilities 30,000
Total current liabilities:1,407,284501,239
Noncurrent Liabilities
Other undisclosed noncurrent liabilities1,950,0003,930,000
Total noncurrent liabilities:1,950,0003,930,000
Total liabilities:3,357,2844,431,239
Temporary equity, including noncontrolling interest41,400,00440,600,000
Equity
Equity, attributable to parent(3,270,858)(3,816,662)
Common stock126126
Accumulated deficit(3,270,984)(3,816,788)
Total equity:(3,270,858)(3,816,662)
TOTAL LIABILITIES AND EQUITY:41,486,43041,214,577

Income Statement (P&L) (USD)

12/31/2022
12/31/2021
12/31/2020
Operating expenses(638,533)(253,637)
Operating loss:(638,533)(253,637)
Nonoperating income4,34114,324
Investment income, nonoperating 4,34114,324
Other nonoperating income  
Income (loss) from continuing operations before equity method investments, income taxes:(634,192)(239,313)
Other undisclosed income from continuing operations before income taxes 1,980,000 
Income (loss) from continuing operations:1,345,808(239,313)
Income (loss) before gain (loss) on sale of properties:1,345,808(239,313)
Net income (loss):1,345,808(239,313)
Other undisclosed net loss attributable to parent  (2,084,274)
Net income (loss) attributable to parent:1,345,808(2,323,587)
Preferred stock dividends and other adjustments (3,671,344)
Net income (loss) available to common stockholders, diluted:1,345,808(5,994,931)

Comprehensive Income (USD)

12/31/2022
12/31/2021
12/31/2020
Net income (loss):1,345,808(239,313)
Comprehensive income (loss), net of tax, attributable to parent:1,345,808(239,313)

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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