Wordlogic Corp (WLGC) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1130 WEST PENDER ST., SUITE 230 VANCOUVER, BC V6E 4A4 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments, including: | 6,476 | 144,279 | 1,671,243 | |||
| Cash and cash equivalent | 1,922 | 94,279 | 756,166 | |||
| Short-term investments | 50,000 | 50,000 | 915,077 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | (45,446) | |||||
| Restricted cash and investments | 4,554 | |||||
| Receivables | 317 | |||||
| Prepaid expense | 12,209 | 13,741 | ✕ | |||
| Other current assets | 7,349 | ✕ | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 54,032 | ||
| Other undisclosed current assets | 45,446 | 18,035 | 33,460 | |||
| Total current assets: | 76,351 | 176,055 | 1,758,735 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 9,521 | 13,676 | 19,365 | |||
| Total noncurrent assets: | 9,521 | 13,676 | 19,365 | |||
| TOTAL ASSETS: | 85,872 | 189,731 | 1,778,100 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 766,142 | 751,285 | 430,481 | |||
| Interest and dividends payable | 7,503 | |||||
| Other undisclosed accounts payable and accrued liabilities | 758,639 | 751,285 | 430,481 | |||
| Debt | 361,501 | |||||
| Due to related parties | 78,174 | 51,098 | 25,543 | |||
| Other undisclosed current liabilities | 57,503 | 31,948 | ||||
| Total current liabilities: | 1,263,320 | 802,383 | 487,972 | |||
| Noncurrent Liabilities | ||||||
| Total liabilities: | 1,263,320 | 802,383 | 487,972 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | (1,177,448) | (612,652) | 1,290,128 | |||
| Common stock | 102,234 | 91,248 | 83,277 | |||
| Treasury stock, value | (20,249) | (20,249) | 20,249 | |||
| Common stock, value, subscriptions | 4,000 | ✕ | ✕ | |||
| Additional paid in capital | 28,737,988 | 26,373,776 | 23,524,244 | |||
| Accumulated other comprehensive loss | (639,315) | (652,793) | (657,160) | |||
| Accumulated deficit | (29,362,106) | (2,264,854) | (2,264,854) | |||
| Other undisclosed equity, attributable to parent | (24,139,780) | (19,415,628) | ||||
| Total equity: | (1,177,448) | (612,652) | 1,290,128 | |||
| TOTAL LIABILITIES AND EQUITY: | 85,872 | 189,731 | 1,778,100 | |||
Income Statement (P&L) (USD)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 366 | 5,000,991 | |||
| Gross profit: | 366 | 5,000,991 | |||
| Operating expenses | (2,928,395) | (3,950,291) | (3,640,436) | ||
| Operating income (loss): | (2,928,395) | (3,949,925) | 1,360,555 | ||
| Nonoperating income (expense) | 158 | (66) | (24,208) | ||
| Investment income, nonoperating | 158 | (66) | 6,992 | ||
| Loss, foreign currency transaction, before tax | (31,200) | ||||
| Interest and debt expense | (17,735) | (6,805) | 5,060 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (2,945,972) | (3,956,796) | 1,341,407 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (815,354) | 39,425 | |||
| Income (loss) from continuing operations: | (2,945,972) | (4,772,150) | 1,380,832 | ||
| Income (loss) before gain (loss) on sale of properties: | (2,945,972) | (4,772,150) | 1,380,832 | ||
| Net income (loss): | (2,945,972) | (4,772,150) | 1,380,832 | ||
| Other undisclosed net income attributable to parent | |||||
| Net income (loss) available to common stockholders, diluted: | (2,945,972) | (4,772,150) | 1,380,832 | ||
Comprehensive Income (USD)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (2,945,972) | (4,772,150) | 1,380,832 | ||
| Comprehensive income (loss): | (2,945,972) | (4,772,150) | 1,380,832 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 13,478 | 4,367 | (31,200) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,932,494) | (4,767,783) | 1,349,632 | ||
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.