1606 CORP. Income Statement
CBDW|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$0
FY2025
Gross Profit
$0
FY2025
Operating Income
-$485,738
FY2025
Net Income
-$1M
FY2025
1606 CORP. reported $0 in revenue and $1M in net loss for FY2025. Revenue has declined at a 40.4% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Negative shareholders equity: Liabilities exceed assets
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $0 | $7.2K | $1.6K | $13.9K | $34.1K |
| Cost of Revenue | $0 | $7.3K | $995 | $12.8K | $21.7K |
| Gross Profit | $0 | -$118 | $608 | $1.2K | $12.4K |
| SG&A Expense | $485.7K | $4.1M | $1.6M | $541.2K | $54.8K |
| Operating Income | -$485.7K | -$4.1M | -$1.6M | -$540.0K | - |
| Interest Expense | $953.7K | $491.4K | -$153.5K | - | - |
| Income Tax | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$1.3M | -$4.5M | -$1.6M | -$540.0K | -$316.0K |
| EPS (Diluted) | -$0.06 | -$0.03 | - | - | $0.00 |
| Shares Outstanding | 112.7M | 58.6M | 37.4M | 37.1M | 0 |
| Gross Margin | - | -1.6% | 37.9% | 8.5% | 36.3% |
| Operating Margin | - | -57516.0% | -101058.8% | -3872.9% | - |
| Profit Margin | - | -62751.5% | -98610.9% | -3872.9% | -927.4% |