Infinity Augmented Reality Inc (ALSO) financial statements (2021 and earlier)

Company profile

Business Address 228 PARK AVE. S #61130
NEW YORK, NY 10003
State of Incorp. NV
Fiscal Year End August 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments100
Cash and cash equivalents100
Receivables 0 
Prepaid expense 0
Deferred rent asset  0
Prepaid expense and other current assets0
Other undisclosed current assets0 4
Total current assets:115
Noncurrent Assets
Property, plant and equipment000
Assets of disposal group, including discontinued operation0 
Deferred tax assets, net  1
Other undisclosed noncurrent assets0064
Total noncurrent assets:0065
Current Liabilities
Accounts payable and accrued liabilities, including:000
Interest and dividends payable0  
Other undisclosed accounts payable and accrued liabilities000
Debt  59
Disposal group, including discontinued operation01 
Other undisclosed current liabilities001
Total current liabilities:0161
Noncurrent Liabilities
Long-term debt and lease obligation30 
Long-term debt, excluding current maturities30 
Liabilities, other than long-term debt  4
Deferred revenue and credits  0
Deferred tax liabilities, net  4
Total noncurrent liabilities:304
Total liabilities:4165
Stockholders' equity
Stockholders' equity attributable to parent(2)(0)5
Common stock000
Treasury stock, value(0)(0)(0)
Additional paid in capital645851
Accumulated other comprehensive loss(0)(0) 
Accumulated deficit(66)(58)(47)
Total stockholders' equity:(2)(0)5

Income statement (P&L) ($ in millions)

Operating expenses(7)(7)(2)
Operating loss:(7)(7)(2)
Nonoperating income (expense)1(0) 
Foreign currency transaction loss, before tax (0) 
Debt instrument, convertible, beneficial conversion feature1  
Loss from continuing operations before equity method investments, income taxes:(5)(7)(2)
Other undisclosed loss from continuing operations before income taxes(2)(0)(37)
Loss from continuing operations before income taxes:(7)(7)(39)
Income tax expense (benefit) (0)17
Loss from continuing operations:(7)(7)(22)
Loss from discontinued operations(1)  
Net loss:(8)(7)(22)
Other undisclosed net loss attributable to parent (4) 
Net loss attributable to parent:(8)(11)(22)
Other undisclosed net loss available to common stockholders, basic  (6)
Net loss available to common stockholders, diluted:(8)(11)(28)

Comprehensive Income ($ in millions)

Net loss:(8)(7)(22)
Comprehensive loss:(8)(7)(22)
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)(4) 
Comprehensive loss, net of tax, attributable to parent:(8)(11)(22)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios


Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: