Indigenous Roots Corp. (IRCC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
41 PUGET DRIVE STEILACOOM, WA 98388 |
| State of Incorp. | NV |
| Fiscal Year End | August 31 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 8/31/2021 | 8/31/2020 | 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23 | 0 | (0) | 2 | 1 | 0 | |||
| Cash and cash equivalents | 23 | 0 | (0) | 2 | 1 | 0 | |||
| Receivables | 3 | 66 | |||||||
| Total current assets: | 26 | 66 | (0) | 2 | 1 | 0 | |||
| Noncurrent Assets | |||||||||
| Deferred income tax assets | 12 | 4 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent assets | 759 | 796 | |||||||
| Total noncurrent assets: | 771 | 799 | |||||||
| TOTAL ASSETS: | 797 | 865 | (0) | 2 | 1 | 0 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 139 | 69 | 63 | 18 | 596 | 719 | |||
| Accounts payable | 63 | 18 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 139 | 69 | 596 | 719 | |||||
| Debt | 833 | 33 | 0 | 1,611 | 980 | 980 | |||
| Due to related parties | 38 | 86 | 75 | 160 | 55 | 33 | |||
| Other undisclosed current liabilities | |||||||||
| Total current liabilities: | 1,010 | 188 | 138 | 1,789 | 1,632 | 1,733 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 783 | ||||||||
| Long-term debt, excluding current maturities | 783 | ||||||||
| Total noncurrent liabilities: | 783 | ||||||||
| Other undisclosed liabilities | 1,709 | ||||||||
| Total liabilities: | 1,010 | 971 | 1,847 | 1,789 | 1,632 | 1,733 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (213) | (106) | (1,847) | (1,787) | (1,631) | (1,733) | |||
| Common stock | 15 | 15 | 8 | 8 | 8 | 2 | |||
| Additional paid in capital | 4,487 | 4,487 | 4,430 | 3,552 | 3,552 | 3,291 | |||
| Accumulated deficit | (4,715) | (4,608) | (6,285) | (5,860) | (5,667) | (5,502) | |||
| Other undisclosed equity, attributable to parent | 513 | 476 | 476 | ||||||
| Total equity: | (213) | (106) | (1,847) | (1,787) | (1,631) | (1,733) | |||
| TOTAL LIABILITIES AND EQUITY: | 797 | 865 | 2 | 1 | 0 | ||||
Income Statement (P&L) ($ in thousands)
| 8/31/2021 | 8/31/2020 | 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8 | 2 | ||||||
| Cost of revenue (Cost of Goods and Services Sold) | (89) | (67) | (58) | (35) | ||||
| Gross profit: | 8 | 2 | (89) | (67) | (58) | (35) | ||
| Operating expenses | (67) | (48) | (329) | (131) | (305) | (6) | ||
| Other undisclosed operating income | 89 | 67 | 58 | 35 | ||||
| Operating loss: | (59) | (45) | (329) | (131) | (305) | (6) | ||
| Nonoperating income (expense) | 47 | (1,722) | 1 | 1 | 15 | |||
| Gain (loss), foreign currency transaction, before tax | 38 | (14) | 1 | 1 | (2) | |||
| Debt instrument, convertible, beneficial conversion feature | 17 | |||||||
| Interest and debt expense | (9) | (48) | 98 | (136) | (335) | (98) | ||
| Loss from continuing operations: | (21) | (1,816) | (230) | (266) | (625) | (104) | ||
| Loss before gain (loss) on sale of properties: | (21) | (1,816) | (230) | (266) | (625) | (104) | ||
| Other undisclosed net income (loss) | 74 | 460 | (23) | |||||
| Net loss: | (21) | (1,816) | (230) | (193) | (165) | (127) | ||
| Other undisclosed net income (loss) attributable to parent | (85) | 3,493 | (196) | 26 | ||||
| Net income (loss) available to common stockholders, diluted: | (106) | 1,677 | (425) | (193) | (165) | (101) | ||
Comprehensive Income ($ in thousands)
| 8/31/2021 | 8/31/2020 | 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (21) | (1,816) | (230) | (193) | (165) | (127) | ||
| Comprehensive loss, net of tax, attributable to parent: | (21) | (1,816) | (230) | (193) | (165) | (127) | ||
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.