Airborne Wireless Network (ABWN) Financial Statements (2023 and earlier)

Company Profile

Business Address 4115 GUARDIAN STREET, SUITE C
SIMI VALLEY, CA 93063
State of Incorp. NV
Fiscal Year End August 31
Industry (SIC) 5961 - Catalog and Mail-Order Houses (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

8/31/2018
8/31/2017
8/31/2016
8/31/2015
8/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments217,6948095,427154
Cash and cash equivalents217,6948095,427154
Prepaid expense285,284   
Other undisclosed current assets 9,167 (77)
Total current assets:502,9789,9765,42777
Noncurrent Assets
Property, plant and equipment25,348   
Total noncurrent assets:25,348   
TOTAL ASSETS:528,3269,9765,42777
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:421,74953,29033,782 
Interest and dividends payable    
Employee-related liabilities 25,636   
Accounts payable334,132   
Other undisclosed accounts payable and accrued liabilities61,98153,29033,782 
Debt 1,985  
Derivative instruments and hedges, liabilities    
Due to related parties  45,3656,352 
Other undisclosed current liabilities   39,970
Total current liabilities:421,749100,64040,13439,970
Noncurrent Liabilities
Total liabilities:421,749100,64040,13439,970
Equity
Equity, attributable to parent, including:106,577(90,664)(34,707)(47,383)
Preferred stock    
Common stock90,58974,098114,098114,098
Common stock, share subscribed but unissued, subscriptions receivable   (2,500) 
Additional paid in capital37,144,81751,108(98,758)(98,758)
Accumulated deficit(37,128,829)(215,870)(47,547) 
Other undisclosed equity, attributable to parent    (62,723)
Total equity:106,577(90,664)(34,707)(47,383)
Other undisclosed liabilities and equity    7,490
TOTAL LIABILITIES AND EQUITY:528,3269,9765,42777

Income Statement (P&L) (USD)

8/31/2018
8/31/2017
8/31/2016
8/31/2015
8/31/2014
Operating expenses(36,423,391)(168,323)(17,452)(17,363)
Operating loss:(36,423,391)(168,323)(17,452)(17,363)
Nonoperating expense(489,568)   
Interest and debt expense(150) 17,288 
Loss from continuing operations:(36,913,109)(168,323)(164)(17,363)
Loss before gain (loss) on sale of properties:(36,913,109)(168,323)(164)(17,363)
Net loss:(36,913,109)(168,323)(164)(17,363)
Other undisclosed net income attributable to parent150   
Net loss available to common stockholders, diluted:(36,912,959)(168,323)(164)(17,363)

Comprehensive Income (USD)

8/31/2018
8/31/2017
8/31/2016
8/31/2015
8/31/2014
Net loss:(36,913,109)(168,323)(164)(17,363)
Comprehensive loss, net of tax, attributable to parent:(36,913,109)(168,323)(164)(17,363)

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.

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