Yuenglings Ice Cream Corp (YCRM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
8910 WEST 192ND STREET, SUITE N MOKENA, IL 60448 |
| 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)
| 9/30/2024 MRQ | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2015 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 4,747 | 350,905 | 924 | ||||
| Cash and cash equivalent | 4,747 | 350,905 | 924 | ||||
| Receivables | 20 | 5,500 | |||||
| Inventory, net of allowances, customer advances and progress billings | 56,212 | 56,212 | |||||
| Inventory | 56,212 | 56,212 | |||||
| Prepaid expense | 1,248 | ||||||
| Total current assets: | 20 | 66,459 | 407,117 | 2,172 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | ✕ | ||||||
| Property, plant and equipment | 30,300 | 30,300 | |||||
| Intangible assets, net (including goodwill) | |||||||
| Goodwill | |||||||
| Other undisclosed noncurrent assets | |||||||
| Total noncurrent assets: | 30,300 | 30,300 | |||||
| Other undisclosed assets | |||||||
| TOTAL ASSETS: | 20 | 96,759 | 437,417 | 2,172 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 361,951 | 304,812 | 233,988 | 8,290 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 38,166 | |||
| Accounts payable | 217,192 | 214,365 | 195,822 | 8,115 | |||
| Accrued liabilities | 144,759 | 90,447 | 175 | ||||
| Debt | 1,262,827 | 1,422,266 | 1,591,123 | 20,000 | |||
| Derivative instruments and hedges, liabilities | 247,034 | ||||||
| Due to related parties | ✕ | ✕ | 24,656 | ||||
| Other undisclosed current liabilities | 32,410 | ||||||
| Total current liabilities: | 1,657,188 | 1,974,112 | 1,825,111 | 52,946 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 156,500 | ||||||
| Long-term debt, excluding current maturities | 156,500 | ||||||
| Liabilities, other than long-term debt | |||||||
| Operating lease, liability | ✕ | ||||||
| Other undisclosed noncurrent liabilities | |||||||
| Total noncurrent liabilities: | 156,500 | ||||||
| Total liabilities: | 1,657,188 | 1,974,112 | 1,981,611 | 52,946 | |||
| Temporary equity, including noncontrolling interest | 357,022 | ||||||
| Equity | |||||||
| Equity, attributable to parent, including: | (2,014,190) | (2,269,375) | (1,982,044) | (50,774) | |||
| Preferred stock | 48 | 5,000 | 5,000 | ||||
| Common stock | 332,489 | 14,827 | 1,535,181 | 8,430 | |||
| Additional paid in capital | 2,109,429 | 1,742,923 | 5 | 22,320 | |||
| Accumulated deficit | (4,456,156) | (4,032,125) | (3,550,773) | (81,524) | |||
| Other undisclosed equity, attributable to parent | 28,543 | ||||||
| Other undisclosed equity | 392,022 | 437,850 | |||||
| Total equity: | (2,014,190) | (1,877,353) | (1,544,194) | (50,774) | |||
| TOTAL LIABILITIES AND EQUITY: | 20 | 96,759 | 437,417 | 2,172 | |||
Income Statement (P&L) (USD)
| 9/30/2024 TTM | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2015 | ||
|---|---|---|---|---|---|---|
| Revenues | 20 | 3,450 | ||||
| Gain on disposition of assets for financial service operations | 1,000 | ✕ | ||||
| Cost of revenue | (56,211) | (148,014) | ||||
| Cost of product and service sold | (56,190) | |||||
| Other undisclosed gross profit | ||||||
| Gross profit: | (56,191) | (144,564) | ||||
| Operating expenses | (109,722) | (340,270) | (346,915) | (76,094) | ||
| Operating loss: | (165,913) | (340,270) | (491,479) | (76,094) | ||
| Nonoperating expense | (258,118) | (141,082) | (110,973) | |||
| Interest and debt expense | 78,683 | 80,637 | 151,418 | |||
| Loss from continuing operations before equity method investments, income taxes: | (345,348) | (400,715) | (451,034) | (76,094) | ||
| Other undisclosed loss from continuing operations before income taxes | ||||||
| Loss from continuing operations before income taxes: | (345,348) | (400,715) | (451,034) | (76,094) | ||
| Other undisclosed loss from continuing operations | (78,683) | |||||
| Loss from continuing operations: | (424,031) | (400,715) | (451,034) | (76,094) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (451,034) | (76,094) | |
| Other undisclosed net income (loss) | 848,062 | (80,637) | (151,418) | |||
| Net income (loss): | 424,031 | (481,352) | (602,452) | (76,094) | ||
| Other undisclosed net loss attributable to parent | (848,062) | |||||
| Net loss available to common stockholders, basic: | (424,031) | (481,352) | (602,452) | (76,094) | ||
| Dilutive securities, effect on basic earnings per share | ||||||
| Other undisclosed net loss available to common stockholders, diluted | ||||||
| Net loss available to common stockholders, diluted: | (424,031) | (481,352) | (602,452) | (76,094) | ||
Comprehensive Income (USD)
| 9/30/2024 TTM | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2015 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 424,031 | (481,352) | (602,452) | (76,094) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 424,031 | (481,352) | (602,452) | (76,094) | ||
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.