TrueNorth Quantum Inc. (URYL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5428 SOUTH REGAL STREET #30954 SPOKANE, WA 99223-8079 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 01 - Agricultural Production Crops (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 6,731 | 63,839 | 261,930 | 440,868 | 468,582 | |||
| Cash and cash equivalents | 6,731 | 63,839 | 261,930 | 440,868 | 468,582 | |||
| Prepaid expense | 21,756 | 21,157 | 13,931 | 425 | ||||
| Total current assets: | 28,487 | 84,996 | 275,861 | 441,293 | 468,582 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 19,563 | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 1,196 | 2,006 | 3,468 | 3,232 | ||||
| Other undisclosed noncurrent assets | 40,495 | 37,297 | 28,697 | |||||
| Total noncurrent assets: | 41,691 | 58,866 | 32,165 | 3,232 | ||||
| TOTAL ASSETS: | 70,178 | 143,862 | 308,026 | 444,525 | 468,582 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 38,477 | 20,698 | 27,790 | 18,300 | 3,585 | |||
| Accrued liabilities | 38,477 | 20,698 | 27,790 | 18,300 | 3,585 | |||
| Debt | 3,221 | |||||||
| Due to related parties | 65,928 | 11,284 | 66,355 | 4,028 | 150 | |||
| Total current liabilities: | 104,405 | 35,203 | 94,145 | 22,328 | 3,735 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation: | 16,342 | |||||||
| Operating lease, liability | 16,342 | ✕ | ✕ | ✕ | ||||
| Total noncurrent liabilities: | 16,342 | |||||||
| Total liabilities: | 104,405 | 51,545 | 94,145 | 22,328 | 3,735 | |||
| Equity | ||||||||
| Equity, attributable to parent | (34,227) | 92,317 | 213,881 | 422,197 | 464,847 | |||
| Common stock | 14,199 | 14,199 | 14,197 | 14,197 | 20,197 | |||
| Additional paid in capital | 789,468 | 789,468 | 650,712 | 643,448 | 637,448 | |||
| Accumulated other comprehensive income (loss) | 1,477 | 953 | (460) | |||||
| Accumulated deficit | (839,371) | (712,303) | (450,568) | (235,448) | (192,798) | |||
| Total equity: | (34,227) | 92,317 | 213,881 | 422,197 | 464,847 | |||
| TOTAL LIABILITIES AND EQUITY: | 70,178 | 143,862 | 308,026 | 444,525 | 468,582 | |||
Income Statement (P&L) (USD)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 12,500 | 2 | |||||
| Other income | 2 | ||||||
| Cost of revenue | (10,000) | ||||||
| Gross profit: | 2,500 | 2 | |||||
| Operating expenses | (127,068) | (262,161) | (198,914) | (45,003) | (183,904) | ||
| Operating loss: | (127,068) | (262,161) | (198,914) | (42,503) | (183,902) | ||
| Nonoperating income (expense) (loss, Foreign Currency Transaction, before Tax) | (147) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 426 | 716 | |||||
| Loss from continuing operations before equity method investments, income taxes: | (127,068) | (261,735) | (198,198) | (42,650) | (183,902) | ||
| Other undisclosed loss from continuing operations before income taxes | (279) | ||||||
| Loss from continuing operations: | (127,068) | (261,735) | (198,477) | (42,650) | (183,902) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (127,068) | (261,735) | (198,477) | (42,650) | (183,902) | |
| Net loss available to common stockholders, diluted: | (127,068) | (261,735) | (198,477) | (42,650) | (183,902) | ||
Comprehensive Income (USD)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (127,068) | (261,735) | (198,477) | (42,650) | (183,902) | ||
| Comprehensive loss: | (127,068) | (261,735) | (198,477) | (42,650) | (183,902) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 524 | 1,413 | 279 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (126,544) | (260,322) | (198,198) | (42,650) | (183,902) | ||
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.