NXChain Inc. (NXCN) Financial Statements (2024 and earlier)

Company Profile

Business Address 11753 WILLARD AVENUE
TUSTIN, CA 92782
State of Incorp. DE
Fiscal Year End May 31
Industry (SIC) 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

2/28/2017
MRQ
5/31/2016
5/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 62,075 
Cash and cash equivalents 62,075 
Receivables 10,500 
Other current assets  11,835
Total current assets: 72,57511,835
Noncurrent Assets
TOTAL ASSETS: 72,57511,835
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 54,453220,222
Other undisclosed accounts payable and accrued liabilities 54,453220,222
Debt 75,000150,073
Due to related parties 120,00060,000
Total current liabilities: 249,453430,295
Noncurrent Liabilities
Other undisclosed liabilities 25,000 
Total liabilities: 274,453430,295
Equity
Equity, attributable to parent (201,878)(418,460)
Common stock 10,04121,742
Common stock, share subscribed but unissued, subscriptions receivable (2,830) 
Common stock, value, subscriptions 150
Additional paid in capital 12,953,89512,269,899
Accumulated deficit (13,162,985)(12,710,151)
Total equity: (201,878)(418,460)
TOTAL LIABILITIES AND EQUITY: 72,57511,835

Income Statement (P&L) (USD)

2/28/2017
TTM
5/31/2016
5/31/2015
Operating expenses (307,518)(47,842)
Operating loss: (307,518)(47,842)
Nonoperating income  4,204
Interest and debt expense 87,146(18,230)
Loss from continuing operations: (220,372)(61,868)
Loss before gain (loss) on sale of properties: (220,372)(61,868)
Net loss: (220,372)(61,868)
Other undisclosed net income (loss) attributable to parent (232,462)4,204
Net loss available to common stockholders, diluted: (452,834)(57,664)

Comprehensive Income (USD)

2/28/2017
TTM
5/31/2016
5/31/2015
Net loss: (220,372)(61,868)
Comprehensive loss, net of tax, attributable to parent: (220,372)(61,868)

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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