Inbit Corp (INBT) financial statements (2022 and earlier)
Company profile
| Business Address |
L9-02, LEVEL 9, BREM MALL KUALA LUMPUR, 52000 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 0 | 1 | ||||
| Cash and cash equivalents | 0 | 1 | ||||
| Deposits current assets | 40 | |||||
| Total current assets: | 40 | 1 | ||||
| Noncurrent Assets | ||||||
| Other undisclosed assets | 40 | |||||
| TOTAL ASSETS: | 40 | 41 | ||||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 14 | 10 | 11 | 5 | ||
| Accrued liabilities | 14 | 10 | 11 | 5 | ||
| Due to related parties | 1 | 46 | 79 | |||
| Total current liabilities: | 15 | 56 | 90 | 5 | ||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 222 | 111 | ||||
| Total liabilities: | 237 | 167 | 90 | 5 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | (197) | (126) | (90) | (5) | ||
| Common stock | 6 | 6 | 6 | 6 | ||
| Additional paid in capital | 25 | 25 | 25 | 25 | ||
| Accumulated deficit | (228) | (157) | (121) | (36) | ||
| Total stockholders' equity: | (197) | (126) | (90) | (5) | ||
| TOTAL LIABILITIES AND EQUITY: | 40 | 41 | ||||
Income statement (P&L) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|
| Revenues | 17 | 5 | |||
| Other income | 11 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (13) | ||||
| Gross profit: | 4 | 5 | |||
| Operating expenses | (71) | (40) | (86) | (50) | |
| Other undisclosed operating income | 11 | ||||
| Operating loss: | (71) | (36) | (86) | (34) | |
| Loss from continuing operations before equity method investments, income taxes: | (71) | (36) | (86) | (34) | |
| Other undisclosed income from continuing operations before income taxes | 141 | 72 | 171 | 69 | |
| Net income: | 71 | 36 | 86 | 34 | |
| Other undisclosed net loss attributable to parent | (141) | (72) | (171) | (69) | |
| Net loss available to common stockholders, diluted: | (71) | (36) | (86) | (34) | |
Comprehensive Income ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|
| Net income: | 71 | 36 | 86 | 34 | |
| Comprehensive income, net of tax, attributable to parent: | 71 | 36 | 86 | 34 | |
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.