LegacyXChange, Inc. (LEGX) Financial Statements (2024 and earlier)

Company Profile

Business Address 301 YAMATO ROAD
BOCA RATON, FL 33431
State of Incorp. NV
Fiscal Year End March 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   4,2094,362
Cash and cash equivalents   4,2094,362
Inventory, net of allowances, customer advances and progress billings    570 
Inventory    570 
Prepaid expense    61,04728,801
Total current assets:   65,82633,163
Noncurrent Assets
TOTAL ASSETS:   65,82633,163
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:552,695429,361291,027120,157113,747
Interest and dividends payable248,161184,827121,49358,22517,693
Employee-related liabilities301,900241,900166,90028,69028,690
Accrued liabilities     67,364
Other undisclosed accounts payable and accrued liabilities2,6342,6342,63433,242 
Debt624,664603,015517,658340,211 
Derivative instruments and hedges, liabilities 2,3265,47480,165800,9731,088,085
Other undisclosed current liabilities138,153137,278133,853105,3768,050
Total current liabilities:1,317,8381,175,1281,022,7031,366,7171,209,882
Noncurrent Liabilities
Long-term debt and lease obligation    70,087
Long-term debt, excluding current maturities    70,087
Total noncurrent liabilities:    70,087
Total liabilities:1,317,8381,175,1281,022,7031,366,7171,279,969
Equity
Equity, attributable to parent(1,317,838)(1,175,128)(1,022,703)(1,300,891)(1,246,806)
Common stock62,57162,57162,57162,57136,951
Additional paid in capital9,182,5759,182,5759,182,5759,182,5758,332,206
Accumulated deficit(10,562,984)(10,420,274)(10,267,849)(10,546,037)(9,615,963)
Total equity:(1,317,838)(1,175,128)(1,022,703)(1,300,891)(1,246,806)
TOTAL LIABILITIES AND EQUITY:   65,82633,163

Income Statement (P&L) (USD)

3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenues     437
Financial services revenue   (669,085)
Cost of revenue  (570)(570) (2,226)
Cost of goods and services sold  (570)(570) (305)
Gross profit:  (570)(570) (1,789)
Operating expenses(63,425)(78,425)(213,060)(745,943)(589,198)
Other operating expense, net
(Other Expenses)
    (192,151)(35,875)
Other undisclosed operating income  570570192,15135,875
Operating loss:(63,425)(78,425)(213,060)(745,943)(590,987)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(79,285)(74,000)491,248(184,131)(781,375)
Interest and debt expense(82,433)(148,691)(229,560)(87,363)(76,415)
Income (loss) from continuing operations:(225,143)(301,116)48,628(1,017,437)(1,448,777)
Income (loss) before gain (loss) on sale of properties:(225,143)(301,116)48,628(1,017,437)(1,448,777)
Other undisclosed net income 82,433 229,560  
Net income (loss):(142,710)(301,116)278,188(1,017,437)(1,448,777)
Other undisclosed net income attributable to parent 148,691 87,36376,415
Net income (loss) available to common stockholders, diluted:(142,710)(152,425)278,188(930,074)(1,372,362)

Comprehensive Income (USD)

3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net income (loss):(142,710)(301,116)278,188(1,017,437)(1,448,777)
Comprehensive income (loss), net of tax, attributable to parent:(142,710)(301,116)278,188(1,017,437)(1,448,777)

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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