SMC Entertainment, Inc. (SMCE) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9170 GLADES ROAD, BOCA RATON, FL 33433 |
| State of Incorp. | NV |
| 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)
| 3/31/2024 MRQ | 12/31/2023 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Receivables | 300,000 | |||
| Other undisclosed current assets | 7,269 | |||
| Total current assets: | 307,269 | |||
| Noncurrent Assets | ||||
| Intangible assets, net (including goodwill) | 64,194 | |||
| Goodwill | 64,194 | |||
| Total noncurrent assets: | 64,194 | |||
| TOTAL ASSETS: | 371,463 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 87,887 | |||
| Accrued liabilities | 1,951,399 | |||
| Other undisclosed accounts payable and accrued liabilities | (1,863,512) | |||
| Debt | 846,269 | |||
| Derivative instruments and hedges, liabilities | 792,575 | |||
| Other undisclosed current liabilities | 1,973,793 | |||
| Total current liabilities: | 3,700,524 | |||
| Noncurrent Liabilities | ||||
| Total liabilities: | 3,700,524 | |||
| Equity | ||||
| Equity, attributable to parent, including: | (3,329,061) | |||
| Common stock | 1,379,961 | |||
| Additional paid in capital | 12,796,175 | |||
| Accumulated deficit | (17,560,687) | |||
| Other undisclosed equity, attributable to parent | 55,490 | |||
| Total equity: | (3,329,061) | |||
| TOTAL LIABILITIES AND EQUITY: | 371,463 | |||
Income Statement (P&L) (USD)
| 3/31/2024 TTM | 12/31/2023 | ||
|---|---|---|---|
| Revenues | 752 | ||
| Gross profit: | 752 | ||
| Operating expenses | (921,569) | ||
| Other undisclosed operating income | |||
| Operating loss: | (920,817) | ||
| Nonoperating expense | (639,866) | ||
| Interest and debt expense | (56,770) | ||
| Loss from continuing operations: | (1,617,453) | ||
| Other undisclosed net income | |||
| Net loss: | (1,617,453) | ||
| Other undisclosed net income attributable to parent | 56,770 | ||
| Net loss available to common stockholders, diluted: | (1,560,683) | ||
Comprehensive Income (USD)
| 3/31/2024 TTM | 12/31/2023 | ||
|---|---|---|---|
| Net loss: | (1,617,453) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,617,453) | ||
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.