BorrowMoney.com, Inc. (BWMY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
512 BAYSHORE DRIVE FORT LAUDERDALE, FL 33304 |
| State of Incorp. | FL |
| Fiscal Year End | August 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 11/30/2023 MRQ | 8/31/2023 | 11/30/2022 MRQ | 8/31/2022 | 8/31/2021 | 8/31/2020 | 8/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 49 | 15 | 4 | 9 | 8 | 8 | |||
| Cash and cash equivalents | 49 | 15 | 4 | 9 | 8 | 8 | |||
| Total current assets: | 49 | 15 | 4 | 9 | 8 | 8 | |||
| Noncurrent Assets | |||||||||
| Other undisclosed noncurrent assets | 7 | ||||||||
| Total noncurrent assets: | 7 | ||||||||
| TOTAL ASSETS: | 56 | 15 | 4 | 9 | 8 | 8 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 18 | 31 | 31 | 34 | 24 | 8 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 124 | 82 | 45 | ||
| Accrued liabilities | 202 | 170 | |||||||
| Other undisclosed accounts payable and accrued liabilities | (184) | (140) | 31 | (90) | (57) | (36) | |||
| Debt | 581 | 13 | 13 | 11 | |||||
| Due to related parties | ✕ | ✕ | 503 | 463 | 453 | 492 | 408 | ||
| Other undisclosed current liabilities | 202 | 184 | 175 | 137 | 82 | 45 | |||
| Total current liabilities: | 800 | 730 | 682 | 635 | 598 | 460 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 28 | ||||||||
| Total noncurrent liabilities: | 28 | ||||||||
| Total liabilities: | 828 | 730 | 682 | 635 | 598 | 460 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (772) | (716) | (678) | (626) | (590) | (453) | |||
| Common stock | 112 | 112 | 112 | 109 | 2 | 2 | |||
| Additional paid in capital | 1,038 | 1,038 | 1,038 | 350 | 298 | 288 | |||
| Accumulated deficit | (1,918) | (1,861) | (1,823) | (1,082) | (886) | (743) | |||
| Stockholders' equity note, subscriptions receivable | (4) | (4) | (4) | ||||||
| Other undisclosed equity, attributable to parent | (4) | (4) | |||||||
| Total equity: | (772) | (716) | (678) | (626) | (590) | (453) | |||
| TOTAL LIABILITIES AND EQUITY: | 56 | 15 | 4 | 9 | 8 | 8 | |||
Income Statement (P&L) ($ in thousands)
| 11/30/2023 TTM | 8/31/2023 | 11/30/2022 TTM | 8/31/2022 | 8/31/2021 | 8/31/2020 | 8/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 21 | 25 | 3 | 2 | ||||
| Cost of revenue | (2) | (9) | ||||||
| Cost of goods and services sold | (2) | |||||||
| Other undisclosed gross profit | (2) | |||||||
| Gross profit: | 20 | 23 | 3 | 2 | (9) | |||
| Operating expenses | (64) | (131) | (122) | (156) | (108) | (134) | ||
| Other undisclosed operating income | 9 | |||||||
| Operating loss: | (64) | (111) | (98) | (153) | (106) | (134) | ||
| Nonoperating expense | (30) | (644) | (643) | (43) | (37) | (17) | ||
| Other nonoperating income | 11 | |||||||
| Interest and debt expense | (41) | (39) | (38) | (43) | (37) | (17) | ||
| Loss from continuing operations before equity method investments, income taxes: | (136) | (793) | (780) | (239) | (181) | (169) | ||
| Other undisclosed income from continuing operations before income taxes | 41 | 39 | 38 | 43 | 37 | 17 | ||
| Loss from continuing operations before income taxes: | (94) | (754) | (741) | (196) | (143) | (152) | ||
| Income tax benefit | 196 | 36 | 22 | |||||
| Other undisclosed income from continuing operations | 196 | |||||||
| Loss from continuing operations: | (94) | (558) | (545) | (196) | (107) | (130) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (520) | (545) | (196) | (107) | (130) | |
| Net loss: | (94) | (558) | (545) | (196) | (107) | (130) | ||
| Other undisclosed net loss attributable to parent | (196) | (196) | (36) | (22) | ||||
| Net loss available to common stockholders, diluted: | (94) | (754) | (741) | (196) | (143) | (152) | ||
Comprehensive Income ($ in thousands)
| 11/30/2023 TTM | 8/31/2023 | 11/30/2022 TTM | 8/31/2022 | 8/31/2021 | 8/31/2020 | 8/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (94) | (558) | (545) | (196) | (107) | (130) | ||
| Comprehensive loss, net of tax, attributable to parent: | (94) | (558) | (545) | (196) | (107) | (130) | ||
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.