MakingORG, Inc. (CQCQ) financial statements (2021 and earlier)

Company profile

Business Address 618 BREA CANYON RD. STE A
WALNUT, CA 91789
State of Incorp. NV
Fiscal Year End December 31
SIC 3751 - Motorcycles, Bicycles, and Parts (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 945738165  
Cash and cash equivalents 945738165  
Receivables   51   
Inventory, net of allowances, customer advances and progress billings 442232   
Inventory 442232   
Prepaid expense    12  
Other undisclosed current assets 34517   
Total current assets: 17284138178  
Noncurrent Assets
Operating lease, right-of-use asset 6
Intangible assets, net (including goodwill)   1   
Intangible assets, net (excluding goodwill)   1   
Other undisclosed noncurrent assets  2    
Total noncurrent assets: 621   
TOTAL ASSETS: 17886138178  
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 955844870
Accounts payable   1   
Accrued liabilities 15244   
Interest and dividends payable 8056    
Other undisclosed accounts payable and accrued liabilities    870
Debt 170173187   
Due to related parties 286231126753818
Other undisclosed current liabilities 7     
Total current liabilities: 557462357834618
Noncurrent Liabilities
Long-term debt and lease obligation    168  
Long-term debt, excluding current maturities    168  
Liabilities, other than long-term debt  1    
Deferred rent credit  1
Total noncurrent liabilities:  1 168  
Total liabilities: 5574623572504618
Stockholders' equity
Stockholders' equity attributable to parent (379)(376)(219)(73)(46)(18)
Common stock 363535353535
Additional paid in capital 584682828(11)(11)
Accumulated other comprehensive income (loss) (3)(1)1   
Accumulated deficit (996)(479)(283)(136)(70)(42)
Total stockholders' equity: (379)(376)(219)(73)(46)(18)
TOTAL LIABILITIES AND EQUITY: 17886138178  

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 375 55   
Revenue, net55   
Cost of revenue (200)(11)(34)   
Cost of goods and services sold 8(11)(34)   
Gross profit: 175(11)21   
Operating expenses (609)(123)(119)(51)(28)(24)
Other undisclosed operating income  11    
Operating loss: (434)(123)(98)(51)(28)(24)
Nonoperating expense (77)(72)(43)(14)  
Other nonoperating income (expense) 0  (14)  
Interest and debt expense (69)(1) (14)  
Loss from continuing operations before equity method investments, income taxes: (580)(196)(141)(80)(28)(24)
Other undisclosed income from continuing operations before income taxes 691 14  
Loss from continuing operations before income taxes: (511)(195)(141)(66)(28)(24)
Income tax expense (6)(1)(6)   
Net loss available to common stockholders, diluted: (517)(196)(147)(66)(28)(24)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss: (517)(196)(147)(66)(28)(24)
Other comprehensive loss  (198)(146)   
Comprehensive loss: (517)(394)(293)(66)(28)(24)
Other undisclosed comprehensive loss, net of tax, attributable to parent (2)     
Comprehensive loss, net of tax, attributable to parent: (519)(394)(293)(66)(28)(24)

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: