Indoor Harvest Corp (INQD) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
7401 W. SLAUGHTER LANE #5078 AUSTIN, TX 78739 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 359 - Miscellaneous Industrial And Commercial (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 226,231 | 232,850 | 1,207 | 12,353 | 155,682 | 35,453 | |||
| Cash and cash equivalents | 226,231 | 232,850 | 1,207 | 12,353 | 155,682 | 35,453 | |||
| Receivables | 163,588 | ||||||||
| Prepaid expense | 44,085 | 2,751 | 1,876 | 5,331 | 18,370 | 4,452 | |||
| Other undisclosed current assets | 12,600 | 50,000 | |||||||
| Total current assets: | 433,904 | 235,601 | 3,083 | 17,684 | 186,652 | 89,905 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4,615 | 14,250 | 24,623 | ||||||
| Intangible assets, net (including goodwill) | 2,690 | 4,202 | 5,892 | ||||||
| Intangible assets, net (excluding goodwill) | 2,690 | 4,202 | 5,892 | ||||||
| Deposits noncurrent assets | 12,600 | ||||||||
| Other undisclosed noncurrent assets | 145,000 | ||||||||
| Total noncurrent assets: | 145,000 | 7,305 | 18,452 | 43,115 | |||||
| TOTAL ASSETS: | 578,904 | 235,601 | 3,083 | 24,989 | 205,104 | 133,020 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 233,378 | 144,404 | 354,596 | 399,710 | 213,218 | 89,033 | |||
| Interest and dividends payable | ✕ | ✕ | 35,350 | 227,817 | |||||
| Employee-related liabilities | ✕ | ✕ | 3,722 | 6,653 | |||||
| Accounts payable | 139,603 | 112,315 | 283,357 | 130,584 | |||||
| Accrued liabilities | 82,715 | 15,715 | 15,714 | 15,714 | |||||
| Other undisclosed accounts payable and accrued liabilities | 11,060 | 16,374 | 20,175 | 25,595 | 209,496 | 82,380 | |||
| Debt | 123,200 | 3,694 | 8,332 | 676,432 | |||||
| Deferred rent credit | 1,826 | 6,239 | |||||||
| Derivative instruments and hedges, liabilities | 44,274,727 | 3,029,748 | 1,401,111 | 341,464 | |||||
| Due to related parties | ✕ | 100 | |||||||
| Other undisclosed current liabilities | 897,828 | 954,488 | 6,653 | ||||||
| Total current liabilities: | 233,378 | 144,404 | 44,752,523 | 4,331,080 | 2,578,975 | 1,119,821 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 4,493 | 12,823 | |||||||
| Long-term debt, excluding current maturities | 4,493 | 12,823 | |||||||
| Total noncurrent liabilities: | 4,493 | 12,823 | |||||||
| Total liabilities: | 233,378 | 144,404 | 44,752,523 | 4,331,080 | 2,583,468 | 1,132,644 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 345,526 | 91,197 | (44,749,440) | (4,306,091) | (2,378,364) | (999,624) | |||
| Preferred stock | 7,500 | 7,500 | 7,500 | ||||||
| Common stock | 2,693,190 | 2,575,910 | 2,401,396 | 201,038 | 34,888 | 25,502 | |||
| Additional paid in capital | 24,135,367 | 21,210,721 | 14,014,324 | 10,377,256 | 9,299,988 | 7,376,196 | |||
| Accumulated deficit | (27,059,031) | (23,695,434) | (61,172,660) | (14,891,885) | (11,720,740) | (8,408,822) | |||
| Other undisclosed equity, attributable to parent | 576,000 | 7,500 | |||||||
| Total equity: | 345,526 | 91,197 | (44,749,440) | (4,306,091) | (2,378,364) | (999,624) | |||
| TOTAL LIABILITIES AND EQUITY: | 578,904 | 235,601 | 3,083 | 24,989 | 205,104 | 133,020 | |||
Income Statement (P&L) (USD)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | (12,063) | |||||||
| Operating expenses | (3,370,813) | (5,876,196) | (248,115) | (632,720) | (1,092,384) | (3,223,678) | ||
| Other undisclosed operating income | 12,063 | |||||||
| Operating loss: | (3,370,813) | (5,876,196) | (248,115) | (632,720) | (1,092,384) | (3,223,678) | ||
| Nonoperating income (expense) | 7,216 | 43,353,422 | (46,032,660) | (2,464,101) | (2,219,534) | (1,183,372) | ||
| Investment income, nonoperating | 7,216 | |||||||
| Interest and debt expense | 84,464 | (135,844) | (100,504) | (163,047) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (3,363,597) | 37,561,690 | (46,280,775) | (3,232,665) | (3,412,422) | (4,570,097) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (84,464) | 135,844 | 100,504 | |||||
| Income (loss) from continuing operations: | (3,363,597) | 37,477,226 | (46,280,775) | (3,096,821) | (3,311,918) | (4,570,097) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 37,477,226 | (46,280,775) | (3,096,821) | (3,311,918) | (4,570,097) | |
| Net income (loss): | (3,363,597) | 37,477,226 | (46,280,775) | (3,096,821) | (3,311,918) | (4,570,097) | ||
| Other undisclosed net income (loss) attributable to parent | 158,047 | |||||||
| Net income (loss) available to common stockholders, basic: | (3,363,597) | 37,477,226 | (46,280,775) | (3,096,821) | (3,311,918) | (4,412,050) | ||
| Dilutive securities, effect on basic earnings per share | 95,922,612 | |||||||
| Net income (loss) available to common stockholders, diluted: | (3,363,597) | 133,399,838 | (46,280,775) | (3,096,821) | (3,311,918) | (4,412,050) | ||
Comprehensive Income (USD)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,363,597) | 37,477,226 | (46,280,775) | (3,096,821) | (3,311,918) | (4,570,097) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,363,597) | 37,477,226 | (46,280,775) | (3,096,821) | (3,311,918) | (4,570,097) | ||
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.