Kisses From Italy Inc.
Balance Sheet
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $24.8K | $324.5K | $139.5K | $37.3K | $26.8K | $22.9K | $52.0K |
| Accounts Receivable | $5.1K | $13.5K | $12.9K | $5.8K | $0 | — | — |
| Inventory | $11.9K | $14.4K | $5.3K | $4.1K | $2.0K | $0 | — |
| Total Current Assets | $41.9K | $401.5K | $206.1K | $52.0K | $33.3K | $22.9K | $52.0K |
| Property, Plant & Equipment | $0 | $3.7K | $5.8K | $8.5K | $59.1K | $90.3K | $130.1K |
| Goodwill | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — |
| Total Assets | $85.5K | $922.4K | $214.6K | $63.1K | $95.0K | $114.3K | $183.2K |
| Liabilities | |||||||
| Accounts Payable | $114.5K | $86.4K | $52.7K | $64.8K | $65.5K | $50.4K | $13.5K |
| Total Current Liabilities | $831.5K | $1.1M | $187.2K | $213.3K | $214.8K | $214.1K | $182.0K |
| Long-Term Debt | — | — | — | — | — | — | — |
| Total Liabilities | $934.0K | $1.5M | $209.3K | $235.5K | $224.8K | $491.8K | $182.0K |
| Stockholders' Equity | |||||||
| Retained Earnings | $-19.6M | $-14.7M | $-13.9M | $-8.9M | $-5.2M | $-2.1M | $-1.7M |
| Total Stockholders' Equity | $-848.5K | $-578.0K | $25.0K | $-149.3K | $-135.8K | $-404.6K | $-51.6K |