Meganet Corp (MGNT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2510 E. SUNSET RD., UNIT 5-777 LAS VEGAS, NV 89120 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
| 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | 3/31/2016 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 159 | 1,575 | 123 | 1,627 | 124 | 1,186 | |||
| Cash and cash equivalents | 159 | 1,575 | 123 | 1,627 | 124 | 1,186 | |||
| Total current assets: | 159 | 1,575 | 123 | 1,627 | 124 | 1,186 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 7,383 | 10,328 | 13,900 | 18,104 | 27,307 | 38,515 | |||
| Total noncurrent assets: | 7,383 | 10,328 | 13,900 | 18,104 | 27,307 | 38,515 | |||
| TOTAL ASSETS: | 7,542 | 11,903 | 14,023 | 19,731 | 27,431 | 39,701 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,310,915 | 1,261,825 | 1,205,559 | 1,139,767 | 1,049,873 | 983,255 | |||
| Employee-related liabilities | 871,317 | 811,269 | |||||||
| Accounts payable | 190,314 | 171,986 | |||||||
| Accrued liabilities | 78,136 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 1,310,915 | 1,261,825 | 1,205,559 | 1,049,873 | |||||
| Due to related parties | 799,823 | 781,723 | 761,498 | 760,285 | 753,835 | 754,780 | |||
| Total current liabilities: | 2,110,738 | 2,043,548 | 1,967,057 | 1,900,052 | 1,803,708 | 1,738,035 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 2,110,738 | 2,043,548 | 1,967,057 | 1,900,052 | 1,803,708 | 1,738,035 | |||
| Equity | |||||||||
| Equity, attributable to parent | (2,103,196) | (2,031,645) | (1,953,034) | (1,880,321) | (1,776,277) | (1,698,334) | |||
| Common stock | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |||
| Additional paid in capital | 2,983,886 | 2,964,006 | 2,944,560 | 2,925,555 | 2,906,391 | 2,885,532 | |||
| Accumulated deficit | (5,187,082) | (5,095,651) | (4,997,594) | (4,905,876) | (4,782,668) | (4,683,866) | |||
| Total equity: | (2,103,196) | (2,031,645) | (1,953,034) | (1,880,321) | (1,776,277) | (1,698,334) | |||
| TOTAL LIABILITIES AND EQUITY: | 7,542 | 11,903 | 14,023 | 19,731 | 27,431 | 39,701 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | 3/31/2016 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 120 | 486 | 1,051 | |||||
| Gross profit: | 120 | 486 | 1,051 | |||||
| Operating expenses | (71,551) | (78,611) | (72,833) | (104,044) | (78,429) | (111,064) | ||
| Other operating expense, net | (11,688) | |||||||
| Other undisclosed operating income | 11,688 | |||||||
| Operating loss: | (71,551) | (78,611) | (72,713) | (104,044) | (77,943) | (110,013) | ||
| Interest and debt expense | (19,880) | (19,446) | (19,005) | (19,164) | (20,859) | (16,562) | ||
| Loss from continuing operations before equity method investments, income taxes: | (91,431) | (98,057) | (91,718) | (123,208) | (98,802) | (126,575) | ||
| Other undisclosed income from continuing operations before income taxes | 4,874 | |||||||
| Loss from continuing operations: | (91,431) | (98,057) | (91,718) | (123,208) | (98,802) | (121,701) | ||
| Loss before gain (loss) on sale of properties: | (91,431) | (98,057) | (91,718) | (123,208) | (98,802) | (121,701) | ||
| Net loss available to common stockholders, diluted: | (91,431) | (98,057) | (91,718) | (123,208) | (98,802) | (121,701) | ||
Comprehensive Income (USD)Annual | Quarterly
| 3/31/2017 Q4 | 12/31/2016 Q3 | 9/30/2016 Q2 | 6/30/2016 Q1 | 3/31/2016 Q4 | 12/31/2015 Q3 | 9/30/2015 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (91,431) | (98,057) | (91,718) | (123,208) | (98,802) | (121,701) | ||
| Comprehensive loss, net of tax, attributable to parent: | (91,431) | (98,057) | (91,718) | (123,208) | (98,802) | (121,701) | ||
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.