Powerdyne International, Inc. (PWDY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
45 MAIN STREET NORTH READING, MA 01864 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 45,579 | 84,004 | 33,962 | 9,057 | 768 | 72 | |||
| Cash and cash equivalent | 45,579 | 84,004 | 33,962 | 9,057 | 768 | 72 | |||
| Receivables | 87,456 | 70,884 | 222,489 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 74,488 | 77,124 | 54,982 | ||||||
| Inventory | 74,488 | 77,124 | 54,982 | ||||||
| Asset, held-for-sale, not part of disposal group | 4,787 | ||||||||
| Other current assets | 2,661 | ||||||||
| Other undisclosed current assets | 9,146 | 1 | |||||||
| Total current assets: | 219,330 | 232,013 | 311,433 | 9,057 | 5,555 | 72 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ||||||||
| Property, plant and equipment | 6,000 | 9,000 | 34,296 | ||||||
| Intangible assets, net (including goodwill) | 6,103 | 13,389 | |||||||
| Intangible assets, net (excluding goodwill) | 6,103 | 13,389 | |||||||
| Total noncurrent assets: | 6,103 | 19,389 | 9,000 | 34,296 | |||||
| TOTAL ASSETS: | 219,330 | 232,013 | 317,536 | 28,446 | 14,555 | 34,368 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 69,295 | 62,568 | 78,920 | 28,864 | 18,737 | 135,502 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 2,550 | 2,550 | 1,000 | ||
| Accrued liabilities | 2,950 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 69,295 | 62,568 | 75,970 | 26,314 | 16,187 | 134,502 | |||
| Debt | 165,500 | 13,080 | |||||||
| Due to related parties | ✕ | ✕ | ✕ | 223,079 | 153,900 | 93,900 | 25,000 | ||
| Other undisclosed current liabilities | 238,079 | 243,502 | 14,421 | 2,550 | 2,550 | 317,532 | |||
| Total current liabilities: | 472,874 | 306,070 | 316,420 | 185,314 | 128,267 | 478,034 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 84,278 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | 84,278 | |||||
| Operating lease, liability | ✕ | ||||||||
| Total noncurrent liabilities: | 84,278 | ||||||||
| Total liabilities: | 472,874 | 306,070 | 316,420 | 185,314 | 128,267 | 562,312 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (253,543) | (74,058) | 1,116 | (156,868) | (113,712) | (527,944) | |||
| Preferred stock | 200 | 200 | 200 | ||||||
| Common stock | 188,493 | 188,493 | 186,243 | 186,243 | 191,493 | 152,793 | |||
| Additional paid in capital | 4,814,651 | 4,814,651 | 4,807,901 | 3,308,101 | 3,302,851 | 2,693,266 | |||
| Accumulated deficit | (5,256,887) | (5,077,401) | (4,993,228) | (3,651,212) | (3,608,056) | (3,374,003) | |||
| Other undisclosed equity, attributable to parent | (1) | ||||||||
| Total equity: | (253,543) | (74,058) | 1,116 | (156,868) | (113,712) | (527,944) | |||
| Other undisclosed liabilities and equity | (1) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 219,330 | 232,012 | 317,536 | 28,446 | 14,555 | 34,368 | |||
Income Statement (P&L) (USD)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,251,454 | 1,452,950 | 1,207,168 | 48,602 | 3,521 | 488 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 488 | |
| Direct financing lease, revenue | 1,240 | 1,240 | ✕ | |||||
| Cost of revenue (Cost of Product and Service Sold) | (885,697) | (1,022,114) | (801,040) | (3,000) | (3,000) | |||
| Gross profit: | 365,757 | 430,836 | 406,128 | 45,602 | 521 | 488 | ||
| Operating expenses | (545,335) | (515,009) | (356,374) | (87,136) | (55,237) | (166,165) | ||
| Other undisclosed operating loss | (1,391,370) | |||||||
| Operating loss: | (179,578) | (84,173) | (1,341,616) | (41,534) | (54,716) | (165,677) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (1,222) | 2,140 | (18,109) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (179,578) | (84,173) | (1,341,616) | (42,756) | (52,576) | (183,786) | ||
| Other undisclosed loss from continuing operations before income taxes | (1) | (4,280) | ||||||
| Loss from continuing operations before income taxes: | (179,579) | (84,173) | (1,341,616) | (42,756) | (56,856) | (183,786) | ||
| Income tax expense | (400) | (400) | (400) | (500) | ||||
| Loss from continuing operations: | (179,579) | (84,173) | (1,342,016) | (43,156) | (57,256) | (184,286) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (43,156) | (57,256) | (184,286) | |
| Net loss available to common stockholders, diluted: | (179,579) | (84,173) | (1,342,016) | (43,156) | (57,256) | (184,286) | ||
Comprehensive Income (USD)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (179,579) | (84,173) | (1,342,016) | (43,156) | (57,256) | (184,286) | ||
| Comprehensive loss, net of tax, attributable to parent: | (179,579) | (84,173) | (1,342,016) | (43,156) | (57,256) | (184,286) | ||
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.