Stark Focus Group, Inc. (SKFG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
SUITE 3001, 505 6TH STREET SW CALGARY, AB T2P 1X5 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 513 - Apparel, Piece Goods, And Notions (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 3 | ||||||
| Cash and cash equivalents | 3 | ||||||
| Prepaid expense | 6 | ||||||
| Total current assets: | 6 | 3 | |||||
| Noncurrent Assets | |||||||
| Intangible assets, net (including goodwill) | 7 | ||||||
| Intangible assets, net (excluding goodwill) | 7 | ||||||
| Total noncurrent assets: | 7 | ||||||
| Other undisclosed assets | (7) | ||||||
| TOTAL ASSETS: | 6 | 3 | |||||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 6 | 16 | |||||
| Other undisclosed accounts payable and accrued liabilities | 6 | 16 | |||||
| Debt | 15 | ||||||
| Due to related parties | ✕ | ✕ | 43 | ||||
| Other undisclosed current liabilities | 72 | 54 | |||||
| Total current liabilities: | 87 | 54 | 6 | 59 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 14 | ||||||
| Long-term debt, excluding current maturities | 14 | ||||||
| Other undisclosed noncurrent liabilities | 6 | ||||||
| Total noncurrent liabilities: | 6 | 14 | |||||
| Other undisclosed liabilities | 6 | ||||||
| Total liabilities: | 93 | 67 | 12 | 59 | |||
| Equity | |||||||
| Equity, attributable to parent | (93) | (61) | (12) | (56) | |||
| Common stock | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 42 | 42 | 42 | 43 | |||
| Accumulated deficit | (136) | (104) | (55) | (100) | |||
| Total equity: | (93) | (61) | (12) | (56) | |||
| TOTAL LIABILITIES AND EQUITY: | 6 | 3 | |||||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Revenues | 44 | |||||
| Cost of revenue | (2) | (35) | ||||
| Financing interest expense | (2) | |||||
| Gross profit: | (2) | 9 | ||||
| Operating expenses | (31) | (49) | (54) | (101) | ||
| Other undisclosed operating income (loss) | 2 | 48 | (0) | |||
| Operating loss: | (31) | (1) | (54) | (92) | ||
| Nonoperating income (expense) | 2 | |||||
| Investment income, nonoperating | 2 | |||||
| Other nonoperating expense | ||||||
| Interest and debt expense | (2) | (1) | 113 | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||
| Income (loss) from continuing operations: | (32) | (1) | 60 | (92) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 60 | (92) | |
| Loss from discontinued operations | (0) | |||||
| Other undisclosed net income (loss) | 64 | (48) | ||||
| Net income (loss): | 32 | (49) | 60 | (92) | ||
| Other undisclosed net loss attributable to parent | (64) | |||||
| Net income (loss) available to common stockholders, diluted: | (32) | (49) | 60 | (92) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 32 | (49) | 60 | (92) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 32 | (49) | 60 | (92) | ||
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.