Major League Football, Inc (MLFB) Financial Statements (2026 and earlier)

Company Profile

Business Address 15515 LEMON FISH DRIVE
LAKEWOOD RANCH, FL 34202
State of Incorp. DE
Fiscal Year End April 30
Industry (SIC) 79 - Amusement And Recreation Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

1/31/2023
Q3
10/31/2022
Q2
7/31/2022
Q1
4/30/2022
Q4
1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments28,2274,851673,18118,2782,8744,295
Cash and cash equivalent28,2274,851673,18118,2782,8744,295
Receivables   3,802   
Prepaid expense   6682,500  
Other undisclosed current assets 46,022101,36652,50052,50052,50052,500
Total current assets:74,249106,217730,15173,27855,37456,795
Noncurrent Assets
Property, plant and equipment524,743569,247518,13357,22357,22357,223
Intangible assets, net (including goodwill)2,5002,5002,5002,5002,0002,000
Intangible assets, net (excluding goodwill)2,5002,5002,5002,5002,0002,000
Deferred costs 296,120     
Other undisclosed noncurrent assets6,6076,6076,60711,60711,60711,607
Total noncurrent assets:829,970578,354527,24071,33070,83070,830
TOTAL ASSETS:904,219684,5711,257,391144,608126,204127,625
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,269,8634,187,2892,995,6762,921,4352,914,5562,883,166
Interest and dividends payable448,869   
Taxes payable110,154110,154110,154110,154110,154110,154
Employee-related liabilities1,288,912789,026777,111777,111777,111777,111
Accounts payable3,112,2002,984,4121,740,6551,677,1261,676,0131,652,054
Accrued liabilities309,728303,697367,756357,044351,278343,847
Debt531,201485,932357,300565,788560,647520,633
Derivative instruments and hedges, liabilities2,959,657     
Due to related parties246,547263,297265,868262,650250,600244,068
Other undisclosed current liabilities3,493,0411,913,3041,297,4621,041,781907,700999,814
Total current liabilities:12,500,3096,849,8224,916,3064,791,6544,633,5034,647,681
Noncurrent Liabilities
Total liabilities:12,500,3096,849,8224,916,3064,791,6544,633,5034,647,681
Equity
Equity, attributable to parent, including:(11,596,090)(6,165,251)(3,658,915)(4,647,046)(4,507,299)(4,520,056)
Common stock862,653602,529525,827470,708451,667433,402
Common stock, share subscribed but unissued, subscriptions receivable      
Additional paid in capital25,759,20529,011,61626,477,73925,100,65624,777,80524,600,248
Accumulated deficit(38,217,948)(35,803,996)(30,662,481)(30,218,410)(29,736,771)(29,553,706)
Other undisclosed equity, attributable to parent  24,600    
Total equity:(11,596,090)(6,165,251)(3,658,915)(4,647,046)(4,507,299)(4,520,056)
TOTAL LIABILITIES AND EQUITY:904,219684,5711,257,391144,608126,204127,625

Income Statement (P&L) (USD)

1/31/2023
Q3
10/31/2022
Q2
7/31/2022
Q1
4/30/2022
Q4
1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
Revenues 5038,677    
Cost of revenue
(Cost of Product and Service Sold)
  (7,365)    
Gross profit: 5031,312    
Operating expenses(543,482)(3,377,656)(555,197)(104,150)(101,292)(415,210)
Operating loss:(542,979)(3,376,344)(555,197)(104,150)(101,292)(415,210)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
2,097,573(345,250)111,126(377,489)(81,773)(145,714)
Interest and debt expense(425,853)(478,237)(103,885)(162,370)(49,070)(105,853)
Income (loss) from continuing operations:1,128,741(4,199,831)(547,956)(644,009)(232,135)(666,777)
Income (loss) before gain (loss) on sale of properties:1,128,741(4,199,831)(547,956)(644,009)(232,135)(666,777)
Net income (loss):1,128,741(4,199,831)(547,956)(644,009)(232,135)(666,777)
Other undisclosed net income attributable to parent425,853478,237103,885162,37049,070105,853
Net income (loss) available to common stockholders, basic:1,554,594(3,721,594)(444,071)(481,639)(183,065)(560,924)
Other undisclosed net loss available to common stockholders, diluted(3,968,546)     
Net loss available to common stockholders, diluted:(2,413,952)(3,721,594)(444,071)(481,639)(183,065)(560,924)

Comprehensive Income (USD)

1/31/2023
Q3
10/31/2022
Q2
7/31/2022
Q1
4/30/2022
Q4
1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
Net income (loss):1,128,741(4,199,831)(547,956)(644,009)(232,135)(666,777)
Comprehensive income (loss), net of tax, attributable to parent:1,128,741(4,199,831)(547,956)(644,009)(232,135)(666,777)

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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