Powerdyne International, Inc. (PWDY) Financial Statements (2024 and earlier)

Company Profile

Business Address 45 MAIN STREET
NORTH READING, MA 01864
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) (USD)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments33,9629,057768721,9222,265
Cash and cash equivalents33,9629,057768721,9222,265
Receivables222,489   11,32111,321
Inventory, net of allowances, customer advances and progress billings54,982     
Inventory54,982     
Asset, held-for-sale, not part of disposal group   4,787  
Total current assets:311,4339,0575,5557213,24313,586
Noncurrent Assets
Property, plant and equipment  6,0009,00034,29679,03150,000
Intangible assets, net (including goodwill) 6,10313,389    
Intangible assets, net (excluding goodwill) 6,10313,389    
Total noncurrent assets: 6,10319,3899,00034,29679,03150,000
TOTAL ASSETS:317,53628,44614,55534,36892,27463,586
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:78,92028,86418,737135,50268,87772,703
Settlement liabilities   454,267155,942
Taxes payable2,5502,5501,000500956
Accrued liabilities2,950     
Other undisclosed accounts payable and accrued liabilities75,97026,31416,187134,502(385,890)(84,195)
Debt   13,080  66,240
Due to related parties223,079153,90093,90025,00025,00033,425
Other undisclosed current liabilities14,4212,5502,550317,532  
Total current liabilities:316,420185,314128,267478,03493,877172,368
Noncurrent Liabilities
Liabilities, other than long-term debt    84,278  
Due to related parties   84,278  
Total noncurrent liabilities:    84,278  
Other undisclosed liabilities     372,105519,695
Total liabilities:316,420185,314128,267562,312465,982692,063
Equity
Equity, attributable to parent1,116(156,868)(113,712)(527,944)(373,708)(628,477)
Preferred stock200     
Common stock186,243186,243191,493152,793137,94336,913
Additional paid in capital4,807,9013,308,1013,302,8512,693,2662,678,0661,985,268
Accumulated deficit(4,993,228)(3,651,212)(3,608,056)(3,374,003)(3,189,717)(2,650,658)
Other undisclosed equity, attributable to parent      
Total equity:1,116(156,868)(113,712)(527,944)(373,708)(628,477)
TOTAL LIABILITIES AND EQUITY:317,53628,44614,55534,36892,27463,586

Income Statement (P&L) (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2016
12/31/2015
12/31/2014
Revenues1,207,16848,6023,521488752 
Revenue, net488752 
Direct financing lease, revenue  1,2401,240
Cost of revenue
(Cost of Goods and Services Sold)
(801,040)(3,000)(3,000)   
Gross profit:406,12845,602521488752 
Operating expenses(356,374)(87,136)(55,237)(166,165)(407,101)(374,840)
Other undisclosed operating loss (1,391,370)     
Operating income (loss):(1,341,616)(41,534)(54,716)(165,677)(406,349)(374,840)
Nonoperating income (expense)  (1,222)2,140(18,109)182,137852,343
Investment income, nonoperating     50,345159,406
Other nonoperating income (expense)  (1,222)2,140(18,109)131,792692,937
Interest and debt expense     (62,979)(668,585)
Income (loss) from continuing operations before equity method investments, income taxes:(1,341,616)(42,756)(52,576)(183,786)(287,191)(191,082)
Other undisclosed loss from continuing operations before income taxes   (4,280) (250,950)(876,695)
Income (loss) from continuing operations before income taxes:(1,341,616)(42,756)(56,856)(183,786)(538,141)(1,067,777)
Income tax expense (400)(400)(400)(500)(919)(956)
Other undisclosed loss from continuing operations      
Income (loss) from continuing operations:(1,342,016)(43,156)(57,256)(184,286)(539,060)(1,068,733)
Loss before gain (loss) on sale of properties:(43,156)(57,256)(184,286)(539,060)(1,068,733)
Net income (loss) available to common stockholders, diluted:(1,342,016)(43,156)(57,256)(184,286)(539,060)(1,068,733)

Comprehensive Income (USD)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(1,342,016)(43,156)(57,256)(184,286)(539,060)(1,068,733)
Comprehensive income (loss), net of tax, attributable to parent:(1,342,016)(43,156)(57,256)(184,286)(539,060)(1,068,733)

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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