Next Generation Management Corp. (NGMC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
44715 PRENTICE DR., UNIT 973 ASHBURN, VA 20146 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7331 - Direct Mail Advertising Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 120,358 | 821 | 1,173 | 632 | 6,649 | 929 | |||
| Cash and cash equivalents | 120,358 | 821 | 1,173 | 632 | 6,649 | 929 | |||
| Prepaid expense | 32,032 | 782 | |||||||
| Other undisclosed current assets | 183,000 | ||||||||
| Total current assets: | 335,390 | 1,603 | 1,173 | 632 | 6,649 | 929 | |||
| Noncurrent Assets | |||||||||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 85,930 | 85,930 | 228,811 | 228,811 | 228,811 | ||||
| Other undisclosed noncurrent assets | 24,000 | 85,930 | |||||||
| Total noncurrent assets: | 109,930 | 85,930 | 85,930 | 228,811 | 228,811 | 228,811 | |||
| TOTAL ASSETS: | 445,320 | 87,533 | 87,103 | 229,443 | 235,460 | 229,740 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 491,631 | 296,158 | 389,320 | 304,237 | 263,592 | 175,225 | |||
| Interest and dividends payable | 62,949 | ||||||||
| Accounts payable | 203,586 | 142,311 | 150,724 | 113,250 | 118,855 | 76,737 | |||
| Accrued liabilities | 225,096 | 153,847 | 238,596 | 190,987 | 144,737 | 98,488 | |||
| Debt | 30,000 | 157,000 | 60,000 | 60,000 | 60,000 | 60,000 | |||
| Due to related parties | 134,407 | 40,000 | |||||||
| Customer advances and deposits | (135,000) | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed current liabilities | 526,594 | 281,313 | 406,715 | 776,288 | 1,265,890 | 244,055 | |||
| Total current liabilities: | 1,047,632 | 734,471 | 896,035 | 1,140,525 | 1,589,482 | 479,280 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 70,000 | ||||||||
| Other undisclosed long-term debt and lease obligation | 70,000 | ||||||||
| Liabilities, other than long-term debt | 40,000 | 40,000 | 40,000 | ||||||
| Due to related parties | 40,000 | 40,000 | 40,000 | ||||||
| Other undisclosed noncurrent liabilities | (70,000) | ||||||||
| Total noncurrent liabilities: | 40,000 | 40,000 | 40,000 | ||||||
| Total liabilities: | 1,047,632 | 734,471 | 896,035 | 1,180,525 | 1,629,482 | 519,280 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (602,312) | (646,938) | (808,932) | (951,082) | (1,394,023) | (289,540) | |||
| Additional paid in capital | 19,146,797 | 18,973,598 | 17,978,597 | 14,646,652 | 14,646,652 | 14,038,295 | |||
| Accumulated deficit | (19,985,105) | (19,848,532) | (18,913,525) | (15,723,730) | (16,166,671) | (14,441,688) | |||
| Other undisclosed equity, attributable to parent | 235,996 | 227,996 | 125,996 | 125,996 | 125,996 | 113,853 | |||
| Other undisclosed equity | 1 | ||||||||
| Total equity: | (602,312) | (646,938) | (808,932) | (951,082) | (1,394,022) | (289,540) | |||
| TOTAL LIABILITIES AND EQUITY: | 445,320 | 87,533 | 87,103 | 229,443 | 235,460 | 229,740 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 21,225 | 505 | 550 | 394 | 32 | 289 | ||
| Revenue, net | 1,225 | 505 | 550 | 394 | 32 | 64 | ||
| Gross profit: | 21,225 | 505 | 550 | 394 | 32 | 289 | ||
| Operating expenses | (143,582) | (789,077) | (233,428) | (68,720) | (82,679) | (33,617) | ||
| Other undisclosed operating loss | (146,435) | |||||||
| Operating loss: | (122,357) | (935,007) | (232,878) | (68,326) | (82,647) | (33,328) | ||
| Nonoperating income (expense) | (14,218) | (146,435) | (3,298,762) | 511,267 | (1,642,336) | 45,829 | ||
| Investment income, nonoperating | 28,000 | |||||||
| Debt instrument, convertible, beneficial conversion feature | (37,379) | (181,328) | 523,476 | (13,166) | (1,032,078) | 53,452 | ||
| Interest and debt expense | (4,839) | (5,159) | (4,425,738) | (5,567) | (6,758) | (7,623) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 4,839 | 151,594 | (19,948) | 5,567 | 6,758 | 7,623 | ||
| Income (loss) from continuing operations: | (136,575) | (935,007) | (7,977,326) | 442,941 | (1,724,983) | 12,501 | ||
| Income (loss) before gain (loss) on sale of properties: | (136,575) | (935,007) | (7,977,326) | 442,941 | (1,724,983) | 12,501 | ||
| Net income (loss): | (136,575) | (935,007) | (7,977,326) | 442,941 | (1,724,983) | 12,501 | ||
| Other undisclosed net income attributable to parent | 4,445,686 | |||||||
| Net income (loss) available to common stockholders, diluted: | (136,575) | (935,007) | (3,531,640) | 442,941 | (1,724,983) | 12,501 | ||
Comprehensive Income (USD)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (136,575) | (935,007) | (7,977,326) | 442,941 | (1,724,983) | 12,501 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (136,575) | (935,007) | (7,977,326) | 442,941 | (1,724,983) | 12,501 | ||
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.