1606 Corp. financial data

Symbol
CBDW on OTC
Industry
Services-Prepackaged Software
Location
2425 E. Camelback Rd, Suite 150, Phoenix, AZ
State of incorporation
NV
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 6.56 % -63%
Quick Ratio 2.44 % -72.5%
Debt-to-equity -105 %
Return On Equity 231 % +48.3%
Return On Assets -4.61K % -596%
Operating Margin -57.5K % +43.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 137M shares +110%
Common Stock, Shares, Outstanding 113M shares +92.4%
Entity Public Float 3.28M USD +1828%
Common Stock, Value, Issued 11.3K USD +92.4%
Weighted Average Number of Shares Outstanding, Basic 46.7M shares +25.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.2K USD +349%
Selling and Marketing Expense 1.99M USD +153%
Operating Income (Loss) -4.14M USD -155%
Nonoperating Income (Expense) -42.4K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.51M USD -186%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -4.51M USD -186%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 48.9K USD -53.4%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD
Inventory, Net 0 USD -100%
Assets, Current 10.1K USD -93.2%
Assets 10.1K USD -93.2%
Accrued Liabilities, Current 188K USD
Liabilities, Current 2.21M USD +41.1%
Liabilities 2.21M USD +41.1%
Retained Earnings (Accumulated Deficit) -6.94M USD -186%
Stockholders' Equity Attributable to Parent -2.2M USD -55.2%
Liabilities and Equity 10.1K USD -93.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -265K USD -13%
Net Cash Provided by (Used in) Financing Activities 232K USD -44%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 5B shares 0%
Common Stock, Shares, Issued 113M shares +92.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.08K USD -95.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 769K USD +43.2%
Deferred Tax Assets, Gross 769K USD +43.2%
Deferred Tax Assets, Operating Loss Carryforwards 769K USD +43.2%
Preferred Stock, Shares Issued 90 shares
Preferred Stock, Shares Authorized 100M shares 0%
Additional Paid in Capital 4.72M USD +374%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 98.3K USD +212%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%