Coro Global Inc. (CGLO) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
78 SW 7TH STREET MIAMI, FL 33130 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 583,825 | 470,800 | 223,576 | 730 | 13,118 | 38,371 | |||
| Cash and cash equivalents | 583,825 | 470,800 | 223,576 | 730 | 13,118 | 38,371 | |||
| Restricted cash and investments | 151,722 | ||||||||
| Receivables | 4,965 | ||||||||
| Prepaid expense | 193,116 | 6,718 | |||||||
| Other undisclosed current assets | 48,918 | 2,938 | 2,938 | ||||||
| Total current assets: | 977,581 | 477,518 | 223,576 | 3,668 | 13,118 | 46,274 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 8,204 | 7,722 | 9,715 | ||||||
| Intangible assets, net (including goodwill) | 1,979 | 1,979 | 1,979 | 1,979 | 151,543 | ||||
| Intangible assets, net (excluding goodwill) | 1,979 | 1,979 | 1,979 | 1,979 | 151,543 | ||||
| Other undisclosed noncurrent assets | (151,543) | ||||||||
| Total noncurrent assets: | 10,183 | 9,701 | 11,694 | 1,979 | |||||
| Other undisclosed assets | 2,938 | ||||||||
| TOTAL ASSETS: | 987,764 | 487,219 | 235,270 | 5,647 | 16,056 | 46,274 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 534,223 | 153,551 | 223,067 | 235,589 | 78,865 | 14,857 | |||
| Other undisclosed accounts payable and accrued liabilities | 534,223 | 153,551 | 223,067 | 235,589 | 78,865 | 14,857 | |||
| Debt | 85,829 | 20,632 | 17,287 | 15,681 | |||||
| Deferred compensation liability | 300,995 | ||||||||
| Derivative instruments and hedges, liabilities | 19,406 | 12,567 | 19,067 | ||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 439 | ||||
| Due to related parties | 180,382 | 100,000 | 653,405 | 334,817 | |||||
| Other undisclosed current liabilities | 151,528 | ||||||||
| Total current liabilities: | 685,751 | 333,933 | 709,891 | 929,032 | 443,536 | 50,044 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 685,751 | 333,933 | 709,891 | 929,032 | 443,536 | 50,044 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 302,013 | 153,286 | (474,621) | (923,385) | (427,480) | (3,770) | |||
| Common stock | 2,511 | 2,337 | 2,285 | 15 | 2,875 | 2,875 | |||
| Additional paid in capital | 44,943,714 | 39,276,760 | 33,798,526 | 29,328,064 | 28,504,754 | 28,504,754 | |||
| Accumulated deficit | (44,644,212) | (39,125,811) | (34,275,432) | (30,251,465) | (28,935,109) | (28,511,399) | |||
| Other undisclosed equity, attributable to parent | 1 | ||||||||
| Total equity: | 302,013 | 153,286 | (474,621) | (923,385) | (427,480) | (3,770) | |||
| TOTAL LIABILITIES AND EQUITY: | 987,764 | 487,219 | 235,270 | 5,647 | 16,056 | 46,274 | |||
Income Statement (P&L) (USD)
| 6/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 694 | 6,485 | 42,030 | 33,125 | 45,120 | |||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 42,030 | 33,125 | 45,120 | |
| Cost of revenue | (1,183) | |||||||
| Cost of goods and services sold | (22,228) | |||||||
| Other undisclosed gross profit | (22,228) | |||||||
| Gross profit: | 694 | 6,485 | 42,030 | 33,125 | 21,709 | |||
| Operating expenses | (5,354,095) | (4,833,168) | (3,417,837) | (1,315,336) | (448,912) | (1,081,374) | ||
| Operating loss: | (5,353,401) | (4,833,168) | (3,411,352) | (1,273,306) | (415,787) | (1,059,665) | ||
| Nonoperating expense | (165,000) | (17,211) | (612,615) | (43,050) | (7,923) | (97,191) | ||
| Investment income, nonoperating | (36,211) | |||||||
| Other nonoperating expense | (7,923) | (97,191) | ||||||
| Interest and debt expense | (165,000) | (17,211) | (606,527) | (5,614) | (14,423) | (32,072) | ||
| Loss from continuing operations before income taxes: | (5,683,401) | (4,867,590) | (4,630,494) | (1,321,970) | (438,133) | (1,188,928) | ||
| Income tax expense | (6,412,301) | |||||||
| Loss from continuing operations: | (12,095,702) | (4,867,590) | (4,630,494) | (1,321,970) | (438,133) | (1,188,928) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (12,095,702) | (4,867,590) | (4,630,494) | (1,321,970) | (438,133) | (1,188,928) | |
| Other undisclosed net income | 6,577,301 | 17,211 | ||||||
| Net loss: | (5,518,401) | (4,850,379) | (4,630,494) | (1,321,970) | (438,133) | (1,188,928) | ||
| Other undisclosed net income attributable to parent | 606,527 | 5,614 | 14,423 | 32,072 | ||||
| Net loss available to common stockholders, diluted: | (5,518,401) | (4,850,379) | (4,023,967) | (1,316,356) | (423,710) | (1,156,856) | ||
Comprehensive Income (USD)
| 6/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (5,518,401) | (4,850,379) | (4,630,494) | (1,321,970) | (438,133) | (1,188,928) | ||
| Comprehensive loss, net of tax, attributable to parent: | (5,518,401) | (4,850,379) | (4,630,494) | (1,321,970) | (438,133) | (1,188,928) | ||
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.