Resonate Blends, Inc. (KOAN) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
26565 AGOURA RD., CALABASAS, CA 91302 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8 | 7 | 64 | 13 | 114 | 53 | |||
| Cash and cash equivalent | 8 | 7 | 64 | 13 | 114 | 53 | |||
| Receivables | 56 | 55 | 53 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 160 | 246 | |||||||
| Inventory | 160 | 246 | |||||||
| Advances on inventory purchases | 970 | 970 | |||||||
| Other undisclosed current assets | 150 | 11 | |||||||
| Total current assets: | 1,034 | 977 | 375 | 270 | 169 | 106 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 15 | 15 | 24 | 31 | |||||
| Long-term investments and receivables | 0 | 0 | 0 | 0 | 25 | ||||
| Long-term investments | 0 | 0 | 0 | 0 | 25 | ||||
| Other noncurrent assets | 805 | ||||||||
| Other undisclosed noncurrent assets | (0) | ||||||||
| Total noncurrent assets: | 821 | 15 | 24 | 31 | 0 | 25 | |||
| TOTAL ASSETS: | 1,854 | 992 | 399 | 301 | 169 | 131 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,197 | 445 | 320 | 207 | 199 | 175 | |||
| Settlement liabilities | ✕ | ✕ | ✕ | ✕ | 107 | ||||
| Other undisclosed accounts payable and accrued liabilities | 1,197 | 445 | 320 | 207 | 199 | 68 | |||
| Debt | 1,751 | 2,446 | 989 | 1,865 | 505 | 161 | |||
| Derivative instruments and hedges, liabilities | 167 | 72 | 2,286 | 274 | 263 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 165 | 45 | 188 | 12 | ||
| Other undisclosed current liabilities | 2,106 | 70 | 107 | ||||||
| Total current liabilities: | 5,054 | 3,128 | 1,546 | 4,403 | 1,165 | 718 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 5,054 | 3,128 | 1,546 | 4,403 | 1,165 | 718 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (3,200) | (2,136) | (1,147) | (4,102) | (996) | (587) | |||
| Common stock | 11 | 9 | 8 | 5 | 3 | 2 | |||
| Additional paid in capital | 25,499 | 24,853 | 24,427 | 22,757 | 20,101 | 18,570 | |||
| Accumulated deficit | (28,870) | (26,736) | (25,320) | (26,864) | (21,101) | (19,160) | |||
| Stockholders' equity note, subscriptions receivable | (261) | ||||||||
| Other undisclosed equity, attributable to parent | 422 | (261) | (261) | 0 | 0 | 1 | |||
| Total equity: | (3,200) | (2,136) | (1,147) | (4,102) | (996) | (587) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,854 | 992 | 399 | 301 | 169 | 131 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,896 | 16 | 50 | 27 | 1,050 | |||
| Cost of revenue | (660) | (114) | (33) | (19) | (393) | |||
| Cost of product and service sold | (660) | |||||||
| Other cost of operating revenue | (101) | |||||||
| Gross profit: | 1,236 | (98) | 16 | 8 | 657 | |||
| Operating expenses | (2,934) | (302) | (1,406) | (3,425) | (1,814) | (3,980) | ||
| Other undisclosed operating income | ||||||||
| Operating loss: | (1,698) | (399) | (1,389) | (3,417) | (1,814) | (3,322) | ||
| Nonoperating income (expense) | (436) | (1,017) | 2,043 | (2,346) | (143) | (336) | ||
| Investment income, nonoperating | 69 | (120) | (25) | (11) | ||||
| Interest and debt expense | 63 | (55) | 25 | |||||
| Income (loss) from continuing operations: | (2,133) | (1,416) | 654 | (5,701) | (2,012) | (3,634) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (5,701) | (2,012) | (3,634) | |
| Other undisclosed net loss | (63) | |||||||
| Net income (loss): | (2,133) | (1,416) | 654 | (5,763) | (2,012) | (3,634) | ||
| Other undisclosed net income (loss) attributable to parent | 70 | (36) | ||||||
| Net income (loss) available to common stockholders, diluted: | (2,133) | (1,416) | 654 | (5,763) | (1,941) | (3,670) | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,133) | (1,416) | 654 | (5,763) | (2,012) | (3,634) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,133) | (1,416) | 654 | (5,763) | (2,012) | (3,634) | ||
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.