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 investments01  
Cash and cash equivalents01  
Deposits current assets40   
Total current assets:401  
Noncurrent Assets
Other undisclosed assets 40  
TOTAL ASSETS:4041  
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1410115
Accrued liabilities1410115
Due to related parties14679 
Total current liabilities:1556905
Noncurrent Liabilities
Other undisclosed liabilities222111  
Total liabilities:237167905
Stockholders' equity
Stockholders' equity attributable to parent(197)(126)(90)(5)
Common stock6666
Additional paid in capital25252525
Accumulated deficit(228)(157)(121)(36)
Total stockholders' equity:(197)(126)(90)(5)
TOTAL LIABILITIES AND EQUITY:4041  

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 taxes1417217169
Net income:71368634
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:71368634
Comprehensive income, net of tax, attributable to parent:71368634

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.

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