Powerdyne International, Inc. (PWDY) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
JEFFERSON PLACE WARWICK, RI 02888 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9 | 1 | 0 | 2 | 2 | 18 | 1 | ||
| Cash and cash equivalents | 9 | 1 | 0 | 2 | 2 | 18 | 1 | ||
| Receivables | 11 | 11 | |||||||
| Prepaid expense | 0 | ✕ | |||||||
| Assets held-for-sale, not part of disposal group | 5 | ✕ | ✕ | ✕ | |||||
| Other undisclosed current assets | 11 | 11 | |||||||
| Total current assets: | 9 | 6 | 0 | 13 | 14 | 30 | 12 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 6 | 9 | 34 | 79 | 50 | 103 | 116 | ||
| Intangible assets, net (including goodwill) | 13 | ✕ | ✕ | ||||||
| Intangible assets, net (excluding goodwill) | 13 | ||||||||
| Total noncurrent assets: | 19 | 9 | 34 | 79 | 50 | 103 | 116 | ||
| TOTAL ASSETS: | 28 | 15 | 34 | 92 | 64 | 133 | 128 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 29 | 19 | 136 | 69 | 73 | 163 | 148 | ||
| Taxes payable | 3 | 3 | 1 | 1 | 1 | 1 | 1 | ||
| Settlement liabilities | 454 | 156 | ✕ | ✕ | |||||
| Other undisclosed accounts payable and accrued liabilities | 26 | 16 | 135 | (386) | (84) | 162 | 147 | ||
| Debt | 13 | 66 | 68 | ||||||
| Due to related parties | 154 | 94 | 25 | 25 | 33 | 14 | 6 | ||
| Other undisclosed current liabilities | 3 | 3 | 318 | 68 | 44 | ||||
| Total current liabilities: | 185 | 128 | 478 | 94 | 172 | 314 | 198 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 84 | ||||||||
| Due to related parties | 84 | ||||||||
| Other undisclosed noncurrent liabilities | 95 | ||||||||
| Total noncurrent liabilities: | 84 | 95 | |||||||
| Other undisclosed liabilities | 372 | 520 | |||||||
| Total liabilities: | 185 | 128 | 562 | 466 | 692 | 409 | 198 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (157) | (114) | (528) | (374) | (628) | (276) | (70) | ||
| Common stock | 186 | 191 | 153 | 138 | 37 | 20 | 19 | ||
| Additional paid in capital | 3,308 | 3,303 | 2,693 | 2,678 | 1,985 | 1,286 | 1,091 | ||
| Accumulated deficit | (3,651) | (3,608) | (3,374) | (3,190) | (2,651) | (1,582) | (1,180) | ||
| Total stockholders' equity: | (157) | (114) | (528) | (374) | (628) | (276) | (70) | ||
| TOTAL LIABILITIES AND EQUITY: | 28 | 15 | 34 | 92 | 64 | 133 | 128 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 49 | 4 | 0 | 1 | ||||
| Revenue, net | ✕ | ✕ | 0 | 1 | ||||
| Direct financing lease, revenue | 1 | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Cost of revenue (Cost of Goods and Services Sold) | (3) | (3) | ||||||
| Gross profit: | 46 | 1 | 0 | 1 | ||||
| Operating expenses | (87) | (55) | (166) | (407) | (375) | (330) | (127) | |
| Operating loss: | (42) | (55) | (166) | (406) | (375) | (330) | (127) | |
| Nonoperating income (expense) | (1) | 2 | (18) | 182 | 852 | 71 | ||
| Investment income, nonoperating | 50 | 159 | ||||||
| Other nonoperating income (expense) | (1) | 2 | (18) | 132 | 693 | 71 | ||
| Interest and debt expense | (63) | (669) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (43) | (53) | (184) | (287) | (191) | (260) | (127) | |
| Other undisclosed loss from continuing operations before income taxes | (4) | (251) | (877) | (141) | ||||
| Loss from continuing operations before income taxes: | (43) | (57) | (184) | (538) | (1,068) | (401) | (127) | |
| Income tax expense | (0) | (0) | (1) | (1) | (1) | (1) | (1) | |
| Net loss available to common stockholders, diluted: | (43) | (57) | (184) | (539) | (1,069) | (402) | (128) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (43) | (57) | (184) | (539) | (1,069) | (402) | (128) | |
| Comprehensive loss, net of tax, attributable to parent: | (43) | (57) | (184) | (539) | (1,069) | (402) | (128) | |
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.