AS-IP Tech, Inc. (IPTK) financial statements (2022 and earlier)

Company profile

Business Address 954 LEXINGTON AVE.
NEW YORK, NY 10021
State of Incorp. DE
Fiscal Year End June 30
SIC 3728 - Aircraft Parts and Auxiliary Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments35115890405764
Cash and cash equivalents35115890405764
Receivables   12 61 
Prepaid expense126    3 
Other undisclosed current assets      5
Total current assets:4761589124012070
Noncurrent Assets
Intangible assets, net (including goodwill) (336)1455(18)300390
Goodwill    (114)  
Intangible assets, net (excluding goodwill) (336)145596300390
Other undisclosed noncurrent assets 336  114  
Total noncurrent assets:  145596300390
TOTAL ASSETS:4761582367137420460
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:5517958151620
Other undisclosed accounts payable and accrued liabilities5517958151620
Deferred revenue  283
Debt738471171669712050
Deferred compensation liability193 362154  
Due to related parties229229229229229229229
Deferred revenue and credits 916
Other undisclosed current liabilities516536827563351274253
Total current liabilities:1,0158542,3091,5891,298647568
Noncurrent Liabilities
Long-term debt and lease obligation1,740621     
Long-term debt, excluding current maturities1,740621     
Total noncurrent liabilities:1,740621     
Total liabilities:2,7551,4752,3091,5891,298647568
Stockholders' equity
Stockholders' equity attributable to parent(2,279)(1,317)(2,287)(1,521)(1,162)(227)(109)
Common stock26261818161613
Treasury stock, value(0)(0)(0)(0)(0)(0)(0)
Common stock, value, subscriptions  2626262691
Additional paid in capital13,92412,85210,49310,49310,10210,0319,215
Accumulated deficit(16,229)(14,195)(12,824)(12,059)(11,307)(10,300)(9,429)
Total stockholders' equity:(2,279)(1,317)(2,287)(1,521)(1,162)(227)(109)
TOTAL LIABILITIES AND EQUITY:4761582367137420460

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues3774368268171164
Revenue, net 171164
Cost of revenue   (31)(16)(61)(61)
Cost of goods and services sold     (61)(61)
Gross profit:3774365152110104
Operating expenses(1,000)(734)(654)(217)(109)(602)(437)
Other operating expense, net(959)(711)(148)(164)(224)  
Other undisclosed operating income (loss)959711148(258)(501)  
Operating loss:(963)(660)(618)(588)(783)(492)(334)
Nonoperating expense
(Other Nonoperating expense)
     (195) 
Interest and debt expense(709)(525)(131)(133)(77)(33) 
Net loss:(1,672)(1,185)(749)(721)(860)(721)(334)
Other undisclosed net loss attributable to parent(251)(185)(16)(31)(146)(152) 
Net loss available to common stockholders, diluted:(1,922)(1,371)(765)(753)(1,007)(873)(334)

Comprehensive Income ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net loss:(1,672)(1,185)(749)(721)(860)(721)(334)
Comprehensive loss, net of tax, attributable to parent:(1,672)(1,185)(749)(721)(860)(721)(334)

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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