I-Wellness Marketing Group, Inc. (IWMG) financial statements (2020 and earlier)

Company profile

Business Address 3651 LINDELL RD, STE D612
LAS VEGAS, NV 89103
State of Incorp. NV
Fiscal Year End June 30
SIC 10 - Metal Mining (benchmarking)
More info Complete financial analysis Financial benchmarking

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

6/30/2016
10/31/2013
10/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1910021
Cash and cash equivalents1910021
Inventory, net of allowances, customer advances and progress billings6
Inventory6  
Prepaid expense 181
Other undisclosed current assets  5
Total current assets:2628026
Noncurrent Assets
Property, plant and equipment146  
Long-term investments and receivables 65 
Long-term investments 65 
Deposits noncurrent assets6  
Other undisclosed noncurrent assets (65) 
Total noncurrent assets:152  
TOTAL ASSETS:17828026
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:178786
Accounts payable176 6
Accrued liabilities2  
Other undisclosed accounts payable and accrued liabilities 78 
Debt14175 
Due to related parties475 35
Deferred revenue and credits1  
Other undisclosed current liabilities408790 
Total current liabilities:1,0761,04341
Noncurrent Liabilities
Liabilities, other than long-term debt7  
Deferred revenue and credits7  
Total noncurrent liabilities:7  
Total liabilities:1,0831,04341
Stockholders' equity
Stockholders' equity attributable to parent, including:(905)(763)(15)
Common stock674630
Additional paid in capital964,759 
Accumulated other comprehensive income67  
Accumulated deficit(1,136)  
Other undisclosed stockholders' equity attributable to parent (5,568)(45)
Total stockholders' equity:(905)(763)(15)
TOTAL LIABILITIES AND EQUITY:17828026

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

6/30/2016
10/31/2013
10/31/2012
Revenues411  
Other undisclosed gross profit(276)  
Gross profit:135  
Operating expenses(224)(5,274)(14)
Other operating expense, net
(Other Expenses)
 (249) 
Other undisclosed operating income 5,020 
Operating loss:(89)(503)(14)
Nonoperating income (expense)
(Foreign Currency Transaction gain, before Tax)
12  
Interest and debt expense(29)184 
Loss from continuing operations before income taxes:(106)(319)(14)
Income tax expense (171)(5)
Loss before gain (loss) on sale of properties:(106)(490)(19)
Loss on sale of properties, net of applicable income taxes(89)  
Other undisclosed net income106  
Net loss:(89)(490)(19)
Other undisclosed net income (loss) attributable to parent (5,033)5
Net loss available to common stockholders, diluted:(89)(5,523)(14)

Comprehensive Income ($ in thousands)

6/30/2016
10/31/2013
10/31/2012
Net loss:(89)(490)(19)
Comprehensive loss:(89)(490)(19)
Other undisclosed comprehensive income, net of tax, attributable to parent12  
Comprehensive loss, net of tax, attributable to parent:(77)(490)(19)

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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