Landbay Inc (LNBY) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
36-25 MAIN STREET FLUSHING, NY 11354 |
| State of Incorp. | NY |
| Fiscal Year End | March 31 |
| Industry (SIC) | 104 - Gold And Silver Ores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 | 12/31/2024 MRQ | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 18 | 9 | 8 | 26 | 7 | 19 | |||
| Cash and cash equivalent | 18 | 9 | 8 | 26 | 7 | 17 | |||
| Short-term investments | 1 | ||||||||
| Receivables | 9 | 51 | 65 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 7 | 11 | 147 | ||||||
| Inventory | 7 | 11 | 147 | ||||||
| Other undisclosed current assets | 5 | ||||||||
| Total current assets: | 18 | 9 | 16 | 35 | 69 | 236 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1 | 11 | |||||||
| Total noncurrent assets: | 1 | 11 | |||||||
| TOTAL ASSETS: | 18 | 9 | 16 | 35 | 70 | 247 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2 | 2 | 0 | 1 | 2 | ||||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 1 | 2 | |||
| Accounts payable | 1 | 2 | 0 | ||||||
| Accrued liabilities | 1 | 1 | |||||||
| Debt | 78 | 104 | |||||||
| Other liabilities | 99 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | 81 | 67 | ||||
| Other undisclosed current liabilities | (1) | 40 | |||||||
| Total current liabilities: | 80 | 106 | 100 | 82 | 67 | 42 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 80 | 106 | 100 | 82 | 67 | 42 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (61) | (97) | (84) | (47) | 3 | 205 | |||
| Common stock | 30 | 30 | 30 | 30 | 30 | ||||
| Additional paid in capital | 428 | 326 | 326 | 326 | 326 | 326 | |||
| Accumulated other comprehensive loss | (0) | ||||||||
| Accumulated deficit | (519) | (453) | (440) | (402) | (352) | (151) | |||
| Other undisclosed equity, attributable to parent | 30 | ||||||||
| Total equity: | (61) | (97) | (84) | (47) | 3 | 205 | |||
| TOTAL LIABILITIES AND EQUITY: | 18 | 9 | 16 | 35 | 70 | 247 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 | 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 169 | 10 | 18 | 10 | 4 | 48 | ||
| Realized investment gains | 1 | |||||||
| Cost of revenue (Cost of Product and Service Sold) | (158) | (7) | (8) | (11) | ||||
| Other undisclosed gross profit | (6) | (136) | ||||||
| Gross profit: | 11 | 2 | 10 | 3 | (132) | 37 | ||
| Operating expenses | (89) | (43) | (48) | (50) | (74) | (70) | ||
| Other operating expense, net (Other Expenses) | (9) | |||||||
| Operating loss: | (78) | (41) | (38) | (46) | (206) | (43) | ||
| Nonoperating income | 28 | 28 | 0 | 1 | 4 | |||
| Investment income, nonoperating | (1) | |||||||
| Other nonoperating income (expense) | 0 | (0) | 0 | (0) | 0 | |||
| Loss from continuing operations before equity method investments, income taxes: | (50) | (13) | (38) | (45) | (202) | (43) | ||
| Other undisclosed loss from continuing operations before income taxes | (57) | |||||||
| Loss from continuing operations before income taxes: | (107) | (13) | (38) | (45) | (202) | (43) | ||
| Income tax expense | (1) | |||||||
| Loss from continuing operations: | (108) | (13) | (38) | (45) | (202) | (43) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (45) | (202) | (43) | |
| Net loss: | (108) | (13) | (38) | (45) | (202) | (43) | ||
| Other undisclosed net income attributable to parent | 57 | |||||||
| Net loss available to common stockholders, diluted: | (51) | (13) | (38) | (45) | (202) | (43) | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 | 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (108) | (13) | (38) | (45) | (202) | (43) | ||
| Other comprehensive loss | (0) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (108) | (13) | (38) | (45) | (202) | (43) | ||
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.