AppSoft Technologies, Inc. (ASFT) financial statements (2020 and earlier)

Company profile

Business Address 1225 FRANKLIN AVE.
GARDEN CITY, NY 11530
State of Incorp. NV
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 0  
Cash and cash equivalents 0  
Total current assets: 0  
Noncurrent Assets
Property, plant and equipment 112
Intangible assets, net (including goodwill)  6890
Intangible assets, net (excluding goodwill)  6890
Total noncurrent assets: 16991
TOTAL ASSETS: 16991
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 374421
Interest and dividends payable 021
Other undisclosed accounts payable and accrued liabilities 364220
Debt  91 
Other undisclosed current liabilities 0121
Total current liabilities: 3714722
Noncurrent Liabilities
Long-term debt and lease obligation 160 41
Long-term debt, excluding current maturities 160 41
Other undisclosed noncurrent liabilities  (7) 
Total noncurrent liabilities: 160(7)41
Total liabilities: 19714063
Stockholders' equity
Stockholders' equity attributable to parent, including: (196)(78)28
Preferred stock 000
Common stock 000
Additional paid in capital 491474319
Accumulated deficit (731)(595)(334)
Other undisclosed stockholders' equity attributable to parent 424242
Other undisclosed stockholders' equity  7 
Total stockholders' equity: (196)(71)28
TOTAL LIABILITIES AND EQUITY: 16991

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Revenue, net12
Gross profit: 012
Operating expenses (90)(262)(280)
Operating loss: (90)(261)(278)
Interest and debt expense (7)(1)(1)
Net loss: (97)(262)(279)
Other undisclosed net income (loss) attributable to parent (38)11
Net loss available to common stockholders, diluted: (135)(261)(278)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Net loss: (97)(262)(279)
Comprehensive loss, net of tax, attributable to parent: (97)(262)(279)

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.

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