Rapid Fire Marketing, Inc. (RFMK) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1802 N. CARSON ST CARSON CITY, NV 89701 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 459 | 26,642 | 4,430 | 5,957 | 19,402 | 150,258 | |||
| Cash and cash equivalent | 459 | 26,642 | 4,430 | 5,957 | 19,402 | 150,258 | |||
| Receivables | 75,212 | 63,136 | 52,179 | 15,537 | 15,320 | ||||
| Inventory, net of allowances, customer advances and progress billings | 40,157 | 40,168 | 40,373 | 130,273 | 130,469 | 130,632 | |||
| Inventory | 40,157 | 40,168 | 40,373 | 130,273 | 130,469 | 130,632 | |||
| Prepaid expense | 22,500 | 56,250 | 90,000 | ||||||
| Deferred costs | 209,810 | 88,757 | 88,757 | ||||||
| Other undisclosed current assets | 104,000 | 104,000 | 104,000 | (105,810) | 15,243 | 29,976 | |||
| Total current assets: | 219,828 | 233,946 | 223,482 | 312,017 | 359,191 | 399,623 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 89,250 | ||||||||
| Other undisclosed noncurrent assets | 209,810 | 88,757 | 88,757 | ||||||
| Total noncurrent assets: | 89,250 | 209,810 | 88,757 | 88,757 | |||||
| TOTAL ASSETS: | 309,078 | 233,946 | 223,482 | 521,827 | 447,948 | 488,380 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 904,663 | 756,308 | 670,959 | 199,099 | 128,219 | 88,496 | |||
| Other undisclosed accounts payable and accrued liabilities | 904,663 | 756,308 | 670,959 | 199,099 | 128,219 | 88,496 | |||
| Debt | 110,198 | 61,650 | 112,733 | 68,277 | 97,622 | 47,518 | |||
| Derivative instruments and hedges, liabilities | 75,094 | 215,907 | 177,323 | 218,682 | 536,432 | 1,864,458 | |||
| Total current liabilities: | 1,089,955 | 1,033,865 | 961,015 | 486,058 | 762,273 | 2,000,472 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 1,089,955 | 1,033,865 | 961,015 | 486,058 | 762,273 | 2,000,472 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (780,877) | (799,919) | (737,533) | 35,769 | (314,325) | (1,512,092) | |||
| Common stock | 8,195,619 | 6,539,407 | 4,960,208 | 4,609,208 | 3,645,591 | 3,440,591 | |||
| Additional paid in capital | 19,675,354 | 20,954,829 | 22,094,591 | 19,358,578 | 18,460,310 | 18,307,143 | |||
| Deferred compensation equity | (60,000) | (30,000) | (20,000) | (50,000) | |||||
| Accumulated deficit | (24,335,551) | (24,206,856) | (23,310,033) | (20,096,008) | (19,706,717) | (20,639,484) | |||
| Other undisclosed equity, attributable to parent | (4,256,299) | (4,057,299) | (4,482,299) | (3,836,009) | (2,693,509) | (2,570,342) | |||
| Total equity: | (780,877) | (799,919) | (737,533) | 35,769 | (314,325) | (1,512,092) | |||
| TOTAL LIABILITIES AND EQUITY: | 309,078 | 233,946 | 223,482 | 521,827 | 447,948 | 488,380 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 932 | 1,373 | 844 | 859 | ||||
| Revenue, net | 932 | 663 | 1,487 | 1,373 | 844 | 859 | ||
| Cost of revenue | (1,463) | (727) | (124,501) | (936) | (588) | (681) | ||
| Cost of product and service sold | (1,463) | (727) | (90,251) | (936) | (588) | (681) | ||
| Deferred sales inducement cost, amortization expense | (34,250) | |||||||
| Other undisclosed gross profit | 663 | 35,737 | ||||||
| Gross profit: | (531) | (64) | (88,764) | 437 | 256 | 178 | ||
| Operating expenses | (150,524) | (214,459) | (246,755) | (485,350) | (291,054) | (305,137) | ||
| Operating loss: | (151,055) | (214,523) | (335,519) | (484,913) | (290,798) | (304,959) | ||
| Nonoperating income (expense) | 22,360 | (682,300) | (342,148) | 95,622 | 1,223,565 | (6,176,815) | ||
| Interest and debt expense | (131,830) | (181,007) | (419,951) | (81,771) | (106,581) | (28,486) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 131,830 | 181,007 | 636,789 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (128,695) | (896,823) | (460,829) | (471,062) | 826,186 | (6,510,260) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (216,838) | 81,771 | 106,581 | 28,486 | ||||
| Income (loss) from continuing operations: | (128,695) | (896,823) | (677,667) | (389,291) | 932,767 | (6,481,774) | ||
| Income (loss) before gain (loss) on sale of properties: | (128,695) | (896,823) | (677,667) | (389,291) | 932,767 | (6,481,774) | ||
| Net income (loss) attributable to parent: | (128,695) | (896,823) | (677,667) | (389,291) | 932,767 | (6,481,774) | ||
| Other undisclosed net income available to common stockholders, basic | 54,917 | |||||||
| Net income (loss) available to common stockholders, diluted: | (128,695) | (896,823) | (677,667) | (389,291) | 987,684 | (6,481,774) | ||
Comprehensive Income (USD)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (128,695) | (896,823) | (677,667) | (389,291) | 932,767 | (6,481,774) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (128,695) | (896,823) | (677,667) | (389,291) | 932,767 | (6,481,774) | ||
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.