FOMO WORLDWIDE, INC.: 10-Q/A filed 2023-03-24

Name: FOMO WORLDWIDE, INC.: 10-Q/A filed 2023-03-24
Creator: FOMO WORLDWIDE, INC.

What FOMO WORLDWIDE, INC. reported in its quarterly report amendment filed 2023-03-24 (fiscal Q2 2022): 37 published measures, 91 facts as tagged in accession 0001493152-23-008843.

This is an amendment. Values here are as tagged in the amendment; the original filing has its own page.

This filing

Form: 10-Q/A (quarterly report amendment)
Filed: 2023-03-24
Fiscal period: fiscal Q2 2022
Accession: 0001493152-23-008843 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All FOMO WORLDWIDE, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-06-30	4,102,180	USD
At 2021-12-31	958,546	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-06-30	5,204,400	USD
At 2021-12-31	1,268,773	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2022-06-30	-1,102,220	USD
At 2022-03-31	-87,341	USD
At 2021-12-31	-310,227	USD
At 2021-06-30	1,294,823	USD
At 2021-03-31	-63,886	USD
At 2020-12-31	-164,439	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-1,067,046	USD	91
2022-01-01 to 2022-06-30	-2,892,854	USD	181
2022-01-01 to 2022-03-31	-1,825,808	USD	90
2021-04-01 to 2021-06-30	1,182,709	USD	91
2021-01-01 to 2021-06-30	-1,206,521	USD	181
2021-01-01 to 2021-03-31	-2,389,230	USD	90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-668,919	USD	181
2021-01-01 to 2021-06-30	-918,827	USD	181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	3,480,919	USD	181
2021-01-01 to 2021-06-30	256,863	USD	181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	2,888,628	USD	91
2022-01-01 to 2022-06-30	3,480,919	USD	181
2021-04-01 to 2021-06-30	105,471	USD	91
2021-01-01 to 2021-06-30	256,863	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	613,977	USD	181
2021-01-01 to 2021-06-30	938,834	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	194,406	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2022-06-30	-23,230,891	USD
At 2021-12-31	-20,245,145	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	8,105,085,037	shares	91
2022-01-01 to 2022-06-30	7,776,910,177	shares	181
2021-04-01 to 2021-06-30	5,578,818,213	shares	91
2021-01-01 to 2021-06-30	5,653,234,527	shares	181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Unit	Days
2022-04-01 to 2022-06-30	USD/shares	91
2022-01-01 to 2022-06-30	USD/shares	181
2021-04-01 to 2021-06-30	USD/shares	91
2021-01-01 to 2021-06-30	USD/shares	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2022-06-30	80,239	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	535,000	USD	181
2021-01-01 to 2021-06-30	241,500	USD	181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-237,097	USD	91
2022-01-01 to 2022-06-30	-1,389,477	USD	181
2021-04-01 to 2021-06-30	-786,100	USD	91
2021-01-01 to 2021-06-30	-1,356,714	USD	181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2022-06-30	2,033,587	USD
At 2021-12-31	193,083	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2022-06-30	4,657,570	USD
At 2021-12-31	1,268,773	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2022-06-30	1,443,688	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2022-06-30	1,196,170	USD
At 2021-12-31	36,790	USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2022-06-30	499,234	USD
At 2021-12-31	8,114	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	220,388	USD	91
2022-01-01 to 2022-06-30	291,832	USD	181
2021-04-01 to 2021-06-30	40,186	USD	91
2021-01-01 to 2021-06-30	59,357	USD	181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	2,668,240	USD	91
2022-01-01 to 2022-06-30	3,189,087	USD	181
2021-04-01 to 2021-06-30	65,285	USD	91
2021-01-01 to 2021-06-30	197,506	USD	181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2022-06-30	8,185,213,242	shares
At 2021-12-31	7,177,931,757	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2022-06-30	13,185,477	USD
At 2021-12-31	11,301,942	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2022-06-30	316,460	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2022-06-30	321,422	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2022-06-30	273,094	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2022-06-30	192,855	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2022-06-30	63,363	USD
At 2021-12-31	223	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-1,114,879	USD	91
2022-01-01 to 2022-06-30	-2,985,746	USD	181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	457,485	USD	91
2022-01-01 to 2022-06-30	1,681,309	USD	181
2021-04-01 to 2021-06-30	826,286	USD	91
2021-01-01 to 2021-06-30	1,416,071	USD	181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	1,735	USD	91
2022-01-01 to 2022-06-30	2,314	USD	181
2021-04-01 to 2021-06-30	0	USD	91
2021-01-01 to 2021-06-30	0	USD	181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	2,314	USD	181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-829,949	USD	91
2022-01-01 to 2022-06-30	-1,503,377	USD	181
2021-04-01 to 2021-06-30	1,968,809	USD	91
2021-01-01 to 2021-06-30	150,193	USD	181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	500,000	USD	181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	489,799	USD	181
2021-01-01 to 2021-06-30	39,062	USD	181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	282,689	USD	181
2021-01-01 to 2021-06-30	231,614	USD	181

Inspect the source

Entity: FOMO WORLDWIDE, INC. / CIK 0000867028
Captured: 2026-09-22 19:32 UTC
SEC response SHA-256: 8598ee2b90d282dc7764b2d084e7b5a724218028082b71e3304064762d2cfa32

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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print(record["policy"])
for concept in record["concepts"]:
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