InnovaQor, Inc. (INQR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
400 SOUTH AUSTRALIAN AVENUE WEST PALM BEACH, FL 33401 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7373 - Computer Integrated Systems Design (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 34 | 3 | 5 | 3 | |||
| Cash and cash equivalent | 34 | 3 | 5 | 3 | |||
| Receivables | 81 | 40 | 36 | 56 | |||
| Other undisclosed current assets | 0 | 0 | |||||
| Total current assets: | 116 | 43 | 42 | 60 | |||
| Noncurrent Assets | |||||||
| TOTAL ASSETS: | 116 | 43 | 42 | 60 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 3,013 | 2,825 | 2,878 | 2,679 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 19 | ||
| Accounts payable | 1,451 | 1,261 | 1,240 | 1,204 | |||
| Accrued liabilities | 1,562 | 1,564 | 1,638 | 1,456 | |||
| Debt | 1,605 | 1,639 | 1,572 | 1,117 | |||
| Other liabilities | 877 | 314 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 68 | |||
| Other undisclosed current liabilities | (19) | ||||||
| Total current liabilities: | 5,494 | 4,777 | 4,450 | 3,844 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 60 | 60 | 60 | 60 | |||
| Long-term debt, excluding current maturities | 60 | 60 | 60 | 60 | |||
| Other undisclosed noncurrent liabilities | 9,335 | 9,224 | 9,224 | 9,224 | |||
| Total noncurrent liabilities: | 9,395 | 9,284 | 9,284 | 9,284 | |||
| Total liabilities: | 14,890 | 14,061 | 13,734 | 13,128 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | (14,774) | (14,018) | (13,693) | (13,069) | |||
| Preferred stock | 30 | ||||||
| Common stock | 24 | 24 | 24 | 23 | |||
| Additional paid in capital | 5,907 | 5,907 | 5,907 | 5,858 | |||
| Accumulated deficit | (20,735) | (19,949) | (19,624) | (18,950) | |||
| Other undisclosed equity, attributable to parent | |||||||
| Total equity: | (14,774) | (14,018) | (13,693) | (13,069) | |||
| TOTAL LIABILITIES AND EQUITY: | 116 | 43 | 42 | 60 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|
| Revenues | 97 | 85 | 75 | 78 | ||
| Revenue from related parties | ✕ | ✕ | ✕ | 56 | 33 | |
| Cost of revenue (Cost of Product and Service Sold) | (39) | (20) | ||||
| Gross profit: | 97 | 85 | 36 | 58 | ||
| Operating expenses | (821) | (428) | (598) | (365) | ||
| Other undisclosed operating income | 94 | 91 | 39 | 20 | ||
| Operating loss: | (630) | (252) | (523) | (287) | ||
| Nonoperating income (expense) | (156) | (73) | (151) | (46) | ||
| Interest and debt expense | (156) | (73) | (46) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 67 | |||||
| Loss from continuing operations before equity method investments, income taxes: | (942) | (398) | (607) | (379) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 156 | 73 | (67) | 46 | ||
| Loss from continuing operations: | (786) | (325) | (674) | (333) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (333) | |
| Net loss available to common stockholders, diluted: | (786) | (325) | (674) | (333) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|
| Net loss: | (786) | (325) | (674) | (333) | ||
| Comprehensive loss, net of tax, attributable to parent: | (786) | (325) | (674) | (333) | ||
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.