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
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q2
6/30/2021
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9,431 6,830 135,493272,203
Cash and cash equivalent9,431 6,830 135,493272,203
Other undisclosed current assets5,100 5,100 19,85044,261
Total current assets:14,531 11,930 155,343316,464
Noncurrent Assets
Asset, held-in-trust 42,019,110     
Other undisclosed noncurrent assets  41,823,269 41,018,51840,617,488
Total noncurrent assets:42,019,110 41,823,269 41,018,51840,617,488
TOTAL ASSETS:42,033,641 41,835,199 41,173,86140,933,952
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:396,959 240,514 174,283145,992
Accrued liabilities 396,959     
Other undisclosed accounts payable and accrued liabilities  240,514 174,283145,992
Due to related parties2,606,833 1,727,814 793,810393,808
Other undisclosed current liabilities      
Total current liabilities:3,003,792 1,968,328 968,093539,800
Noncurrent Liabilities
Other undisclosed noncurrent liabilities1,090,000 1,472,000 2,020,0002,540,000
Total noncurrent liabilities:1,090,000 1,472,000 2,020,0002,540,000
Total liabilities:4,093,792 3,440,328 2,988,0933,079,800
Temporary equity, including noncontrolling interest  41,800,006 40,000,00032,854,151
Equity
Equity, attributable to parent(4,079,261) (3,405,135) (1,814,232)5,000,001
Common stock126 126 126202
Additional paid in capital      6,279,244
Accumulated deficit(4,079,387) (3,405,261) (1,814,358)(1,279,445)
Other undisclosed equity 42,019,110     
Total equity:37,939,849 (3,405,135) (1,814,232)5,000,001
TOTAL LIABILITIES AND EQUITY:42,033,641 41,835,199 41,173,86140,933,952

Income Statement (P&L) (USD)

12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q2
6/30/2021
Q2
Operating expenses(106,994) (215,985) (189,411)(185,239)
Operating loss:(106,994) (215,985) (189,411)(185,239)
Nonoperating income272,960 3,710 1,0281,013
Investment income, nonoperating   3,710 1,0281,013
Other nonoperating income272,960     
Income (loss) from continuing operations before equity method investments, income taxes:165,966 (212,275) (188,383)(184,226)
Other undisclosed income from continuing operations before income taxes   478,000 520,000280,000
Income (loss) from continuing operations:165,966 265,725 331,61795,774
Income before gain (loss) on sale of properties:165,966265,725331,61795,774
Net income (loss) attributable to parent:165,966 265,725 331,61795,774
Preferred stock dividends and other adjustments (700,657) (400,002)   
Other undisclosed net loss available to common stockholders, basic      
Net income (loss) available to common stockholders, diluted:(534,691) (134,277) 331,61795,774

Comprehensive Income (USD)

12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q2
6/30/2021
Q2
Net income (loss):165,966 265,725 331,61795,774
Comprehensive income (loss), net of tax, attributable to parent:165,966 265,725 331,61795,774

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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