FOMO CORP. (FOMC) financial statements (2022 and earlier)
Company profile
| Business Address |
25 N RIVER LANE GENEVA, IL 60134 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| SIC | 6799 - Investors, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2021 TTM | 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 | 12 | 0 | 0 | 0 | 12 | 82 | |||
| Cash and cash equivalents | 12 | 0 | 0 | 0 | 12 | 82 | |||
| Receivables | 21 | ||||||||
| Prepaid expense | 1 | 20 | 25 | ||||||
| Total current assets: | 34 | 0 | 0 | 0 | 32 | 107 | |||
| Noncurrent Assets | |||||||||
| Long-term investments and receivables | 189 | ||||||||
| Long-term investments | 189 | ||||||||
| Intangible assets, net (including goodwill), including: | 50 | 50 | 50 | ||||||
| Other undisclosed intangible assets, net (including goodwill) | 50 | 50 | 50 | ||||||
| Deferred costs | 19 | 56 | |||||||
| Other noncurrent assets | 971 | ||||||||
| Other undisclosed noncurrent assets | 27 | 27 | 32 | ||||||
| Total noncurrent assets: | 971 | 189 | 95 | 133 | 82 | ||||
| Other undisclosed assets | 32 | 65 | 105 | ||||||
| TOTAL ASSETS: | 1,005 | 189 | 0 | 128 | 230 | 294 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 88 | 68 | 651 | 107 | 28 | 8 | |||
| Accounts payable | 63 | 6 | 22 | 43 | 4 | ||||
| Accrued liabilities | 63 | 626 | |||||||
| Taxes payable | 3 | 4 | |||||||
| Interest and dividends payable | 25 | 60 | 28 | 5 | |||||
| Debt | 226 | 188 | 72 | 10 | |||||
| Derivative instruments and hedges, liabilities | 834 | 893 | 876 | 1,030 | 270 | ||||
| Due to related parties | 4 | 45 | 8 | 67 | |||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 1 | ||||
| Other undisclosed current liabilities | 17 | 282 | 250 | 297 | 296 | ||||
| Total current liabilities: | 1,169 | 1,431 | 1,849 | 1,478 | 612 | 76 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 1,169 | 1,431 | 1,849 | 1,478 | 612 | 76 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (164) | (1,242) | (1,849) | (1,350) | (382) | 218 | |||
| Preferred stock | 45 | ||||||||
| Common stock | 4,233 | 3,800 | 3,405 | 2,474 | 2,260 | 1,994 | |||
| Common stock, value, subscriptions | 125 | 125 | 125 | 140 | 125 | ||||
| Additional paid in capital | 3,139 | 858 | 536 | 95 | 41 | ||||
| Accumulated deficit | (7,663) | (6,026) | (5,961) | (4,059) | (2,809) | (1,776) | |||
| Other undisclosed stockholders' equity attributable to parent | 1 | 0 | |||||||
| Total stockholders' equity: | (164) | (1,242) | (1,849) | (1,350) | (382) | 218 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,005 | 189 | 0 | 128 | 230 | 294 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 92 | |||||||
| Cost of revenue | (88) | |||||||
| Gross profit: | 4 | |||||||
| Operating expenses | (1,602) | (213) | (292) | (299) | (776) | (732) | ||
| Operating loss: | (1,598) | (213) | (292) | (299) | (776) | (732) | ||
| Nonoperating income (expense) | (38) | 147 | (1,610) | 1 | 3 | |||
| Investment income, nonoperating | (21) | (147) | ||||||
| Other nonoperating income | 1 | 3 | ||||||
| Interest and debt expense | 89 | 583 | (9) | (909) | (231) | (11) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,547) | 517 | (1,910) | (1,207) | (1,005) | (740) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (89) | (583) | 9 | (42) | (28) | 11 | ||
| Loss from continuing operations before income taxes: | (1,637) | (65) | (1,901) | (1,250) | (1,033) | (729) | ||
| Income tax expense | (1) | |||||||
| Net loss available to common stockholders, diluted: | (1,637) | (65) | (1,901) | (1,250) | (1,033) | (729) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,637) | (65) | (1,901) | (1,250) | (1,033) | (729) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,637) | (65) | (1,901) | (1,250) | (1,033) | (729) | ||
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.