Inbit Corp (INBT) Financial Statements (2024 and earlier)

Company Profile

Business Address L9-02, LEVEL 9, BREM MALL
KUALA LUMPUR, 52000
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 7371 - Computer Programming Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
6/30/2018
Q2
3/31/2018
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11111113
Cash and cash equivalents11111113
Deposits current assets      
Total current assets:11111113
Noncurrent Assets
Other undisclosed assets 404040400 
TOTAL ASSETS:414141411113
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities777101012
Accounts payable 0   0 
Accrued liabilities777101012
Due to related parties158122116469479
Total current liabilities:1651291235610491
Noncurrent Liabilities
Other undisclosed liabilities4646461111313
Total liabilities:211176169167117103
Equity
Equity, attributable to parent(170)(135)(128)(126)(105)(91)
Common stock666666
Additional paid in capital252525252525
Accumulated deficit(201)(166)(159)(157)(136)(122)
Total equity:(170)(135)(128)(126)(105)(91)
TOTAL LIABILITIES AND EQUITY:414141411113

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

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
6/30/2018
Q2
3/31/2018
Q1
Revenues    1715 
Cost of revenue
(Cost of Goods and Services Sold)
     (11) 
Gross profit:     4 
Operating expenses(35) (2)32(19)(0)
Other undisclosed operating income    4  
Operating income (loss):(35) (2)36(15)(0)
Income (loss) from continuing operations before equity method investments, income taxes:(35) (2)36(15)(0)
Other undisclosed income from continuing operations before income taxes   72  
Income (loss) from continuing operations:(35) (2)108(15)(0)
Income (loss) before gain (loss) on sale of properties:(35) (2)108(15)(0)
Net income (loss):(35) (2)108(15)(0)
Other undisclosed net loss attributable to parent   (72)  
Net income (loss) available to common stockholders, diluted:(35) (2)36(15)(0)

Comprehensive Income ($ in thousands)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
6/30/2018
Q2
3/31/2018
Q1
Net income (loss):(35) (2)108(15)(0)
Comprehensive income (loss), net of tax, attributable to parent:(35) (2)108(15)(0)

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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