Nanovation Microtech, Inc. (NANN) Financial Statements (2024 and earlier)

Company Profile

Business Address OSTERBROGADE 226 ST. TV
COPENHAGEN, 2100
State of Incorp. NV
Fiscal Year End August 31
Industry (SIC) 2673 - Plastics, Foil, and Coated Paper Bags (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

5/31/2021
MRQ
8/31/2020
8/31/2019
8/31/2018
8/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  1,848 4,021
Cash and cash equivalents  1,848 4,021
Receivables  478 1,472
Inventory, net of allowances, customer advances and progress billings    12,908
Inventory    12,908
Prepaid expense    10,343
Other undisclosed current assets    (1,472)
Total current assets:  2,326 27,272
Noncurrent Assets
Property, plant and equipment   12,5739,631
Total noncurrent assets:   12,5739,631
TOTAL ASSETS:  2,32612,57336,903
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 12,1008,65012,821 
Accrued liabilities 13,413   
Other undisclosed accounts payable and accrued liabilities (1,313)8,65012,821 
Debt 80,086   
Due to related parties  46,240  
Other undisclosed current liabilities   2,58221,453
Total current liabilities: 92,18654,89015,40321,453
Noncurrent Liabilities
Other undisclosed noncurrent liabilities    21,453
Total noncurrent liabilities:    21,453
Other undisclosed liabilities 13,413  (6,003)
Total liabilities: 105,59954,89015,40336,903
Equity
Equity, attributable to parent, including: (105,599)(52,564)(15,403)15,450
Common stock 814,8364,836 
Additional paid in capital 110,94226,10130,40414,969
Accumulated deficit (245,812)(112,691)(50,643)(4,330)
Other undisclosed equity, attributable to parent 29,19029,190 4,811
Total equity: (105,599)(52,564)(15,403)15,450
TOTAL LIABILITIES AND EQUITY:  2,326 52,353

Income Statement (P&L) (USD)

5/31/2021
TTM
8/31/2020
8/31/2019
8/31/2018
8/31/2017
Revenues 7942,77425,76626,000
Cost of revenue
(Cost of Goods and Services Sold)
   (13,511) 
Other undisclosed gross profit    (6,030)
Gross profit: 7942,77412,25519,970
Operating expenses (40,414)(35,632) (22,068)
Other operating expense, net
(Other Expenses)
 (93,501)   
Operating income (loss): (133,121)(32,858)12,255(2,098)
Interest and debt expense (93,501)   
Income (loss) from continuing operations: (226,622)(32,858)12,255(2,098)
Loss before gain (loss) on sale of properties:(226,622)(32,858)(34,058) 
Income (loss) from discontinued operations   (46,313)2,098
Other undisclosed net loss    (2,098)
Net loss: (226,622)(32,858)(34,058)(2,098)
Other undisclosed net income (loss) attributable to parent 93,501 (12,255) 
Net loss available to common stockholders, diluted: (133,121)(32,858)(46,313)(2,098)

Comprehensive Income (USD)

5/31/2021
TTM
8/31/2020
8/31/2019
8/31/2018
8/31/2017
Net loss: (226,622)(32,858)(34,058)(2,098)
Comprehensive loss, net of tax, attributable to parent: (226,622)(32,858)(34,058)(2,098)

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.

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