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 investments | 217,694 | 809 | 5,427 | 154 | |||
| Cash and cash equivalents | 217,694 | 809 | 5,427 | 154 | |||
| Prepaid expense | 285,284 | ||||||
| Other undisclosed current assets | 9,167 | (77) | |||||
| Total current assets: | 502,978 | 9,976 | 5,427 | 77 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 25,348 | ||||||
| Total noncurrent assets: | 25,348 | ||||||
| TOTAL ASSETS: | 528,326 | 9,976 | 5,427 | 77 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 421,749 | 53,290 | 33,782 | ||||
| Interest and dividends payable | |||||||
| Employee-related liabilities | 25,636 | ||||||
| Accounts payable | 334,132 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 61,981 | 53,290 | 33,782 | ||||
| Debt | 1,985 | ||||||
| Derivative instruments and hedges, liabilities | |||||||
| Due to related parties | 45,365 | 6,352 | |||||
| Other undisclosed current liabilities | 39,970 | ||||||
| Total current liabilities: | 421,749 | 100,640 | 40,134 | 39,970 | |||
| Noncurrent Liabilities | |||||||
| Total liabilities: | 421,749 | 100,640 | 40,134 | 39,970 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 106,577 | (90,664) | (34,707) | (47,383) | |||
| Preferred stock | |||||||
| Common stock | 90,589 | 74,098 | 114,098 | 114,098 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (2,500) | ||||||
| Additional paid in capital | 37,144,817 | 51,108 | (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: | 528,326 | 9,976 | 5,427 | 77 | |||
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 parent | 150 | |||||
| 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.