FORZA INNOVATIONS, INC.: 10-Q filed 2024-02-13

Name: FORZA INNOVATIONS, INC.: 10-Q filed 2024-02-13
Creator: FORZA INNOVATIONS, INC.

What FORZA INNOVATIONS, INC. reported in its quarterly report filed 2024-02-13 (fiscal Q1 2024): 32 published measures, 63 facts as tagged in accession 0001607062-24-000061.

This filing

Form: 10-Q (quarterly report)
Filed: 2024-02-13
Fiscal period: fiscal Q1 2024
Accession: 0001607062-24-000061 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 FORZA INNOVATIONS, 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 2023-09-30	88,391	USD
At 2023-06-30	91,404	USD

Total liabilities

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

Period	Value	Unit	Days
At 2023-09-30	5,251,610	USD
At 2023-06-30	4,699,434	USD

Stockholders equity

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

Period	Value	Unit
At 2023-09-30	-5,163,219	USD
At 2023-06-30	-4,608,030	USD
At 2022-09-30	-1,621,484	USD
At 2022-06-30	-1,327,208	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
2023-07-01 to 2023-09-30	-648,101	USD	92
2022-07-01 to 2022-09-30	-838,003	USD	92

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
2022-07-01 to 2022-09-30	-244,807	USD	92

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	82,309	USD	92

Revenue

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

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	32,233	USD	92
2022-07-01 to 2022-09-30	28,983	USD	92

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
2022-07-01 to 2022-09-30	305,680	USD	92

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
2022-07-01 to 2022-09-30	-82,309	USD	92

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 2023-09-30	-11,599,045	USD
At 2023-06-30	-10,950,944	USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	0	USD	92
2022-07-01 to 2022-09-30	0	USD	92

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 2023-09-30	88,391	USD
At 2023-06-30	91,404	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
2023-07-01 to 2023-09-30	0	USD	92
2022-07-01 to 2022-09-30	188,675	USD	92

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
2023-07-01 to 2023-09-30	-1,524	USD	92
2022-07-01 to 2022-09-30	-513,302	USD	92

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	60,959	USD	92
2022-07-01 to 2022-09-30	59,145	USD	92

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 2023-09-30	5,251,610	USD
At 2023-06-30	4,699,434	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	32,329	USD	92
2022-07-01 to 2022-09-30	536,845	USD	92

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
2023-07-01 to 2023-09-30	30,805	USD	92
2022-07-01 to 2022-09-30	23,543	USD	92

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
2023-07-01 to 2023-09-30	1,428	USD	92
2022-07-01 to 2022-09-30	5,440	USD	92

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 2023-09-30	1,800,550,715	shares
At 2023-06-30	1,421,744,158	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2023-06-30	0	USD
At 2022-09-30	274,478	USD
At 2022-06-30	295,914	USD

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 2023-09-30	4,598,744	USD
At 2023-06-30	4,884,639	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 2023-09-30	41,215	USD
At 2023-06-30	38,202	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2023-09-30	287,803	USD
At 2023-06-30	263,154	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-648,101	USD	92
2022-07-01 to 2022-09-30	-838,003	USD	92

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
2023-07-01 to 2023-09-30	-648,101	USD	92
2022-07-01 to 2022-09-30	-838,003	USD	92

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
2023-07-01 to 2023-09-30	15,509	USD	92
2022-07-01 to 2022-09-30	63,330	USD	92

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
2023-07-01 to 2023-09-30	3,013	USD	92
2021-07-01 to 2022-06-30	14,028	USD	365

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
2023-07-01 to 2023-09-30	3,013	USD	92
2022-07-01 to 2022-09-30	14,028	USD	92

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-646,577	USD	92
2022-07-01 to 2022-09-30	-324,701	USD	92

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	0	USD	92
2022-07-01 to 2022-09-30	0	USD	92

Change in accounts payable

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

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-1,490	USD	92
2022-07-01 to 2022-09-30	60,662	USD	92

Inspect the source

Entity: FORZA INNOVATIONS, INC. / CIK 0001683131
Captured: 2026-09-22 19:54 UTC
SEC response SHA-256: 83dad3e2d1d98278f83f494875d231f76bebc65d77c882135da88988192700df

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

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001683131.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))