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1606 Corp.: 10-Q filed 2023-08-15

What 1606 Corp. reported in its quarterly report filed 2023-08-15 (fiscal Q2 2023): 27 published measures, 74 facts as tagged in accession 0001477932-23-006186.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-15
Fiscal period
fiscal Q2 2023
Accession
0001477932-23-006186 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 1606 Corp. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-06-30181,275USD
At 2022-12-31231,816USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-30-690,924USD
At 2023-03-31-412,763USD
At 2022-12-31-595,051USD
At 2022-06-30-484,851USD
At 2022-03-31-363,280USD
At 2021-12-31-217,514USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-06-3026,973USD
At 2022-12-31105,065USD

Net income or loss

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

PeriodValueUnitDays
2023-04-01 to 2023-06-30-471,164USD91
2023-01-01 to 2023-06-30-701,376USD181
2023-01-01 to 2023-03-31-230,212USD90
2022-04-01 to 2022-06-30-121,571USD91
2022-01-01 to 2022-06-30-267,337USD181
2022-01-01 to 2022-03-31-145,766USD90

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-424,093USD181
2022-01-01 to 2022-06-30-330,255USD181

Revenue

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

PeriodValueUnitDays
2023-04-01 to 2023-06-30304USD91
2023-01-01 to 2023-06-301,474USD181
2022-04-01 to 2022-06-304,382USD91
2022-01-01 to 2022-06-309,302USD181

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30432,500USD181
2022-01-01 to 2022-06-30340,000USD181

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-86,500USD181
2022-01-01 to 2022-06-300USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-1,542,674USD
At 2022-12-31-841,298USD

Income tax expense or benefit

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

PeriodValueUnitDays
2023-04-01 to 2023-06-300USD91
2023-01-01 to 2023-06-300USD181
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181

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.

PeriodValueUnitDays
At 2023-06-30181,275USD
At 2022-12-31231,816USD

Current liabilities

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

PeriodValueUnitDays
At 2023-06-30872,199USD
At 2022-12-31826,867USD

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.

PeriodValueUnitDays
2023-04-01 to 2023-06-30467,912USD91
2023-01-01 to 2023-06-30698,069USD181
2022-04-01 to 2022-06-30124,481USD91
2022-01-01 to 2022-06-30273,403USD181

Net inventory

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

PeriodValueUnitDays
At 2023-06-30129,202USD
At 2022-12-31113,174USD

Gross profit

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

PeriodValueUnitDays
2023-04-01 to 2023-06-30-3,252USD91
2023-01-01 to 2023-06-30-3,307USD181
2022-04-01 to 2022-06-302,910USD91
2022-01-01 to 2022-06-306,066USD181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2023-04-01 to 2023-06-30402,912USD91
2023-01-01 to 2023-06-30633,069USD181
2022-04-01 to 2022-06-30124,481USD91
2022-01-01 to 2022-06-30273,403USD181

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.

PeriodValueUnitDays
At 2023-06-3046,158,606shares
At 2022-12-3137,103,394shares

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.

PeriodValueUnitDays
At 2022-12-31105,065USD
At 2021-12-319,543USD

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.

PeriodValueUnitDays
At 2023-06-30841,471USD
At 2022-12-31236,841USD

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.

PeriodValueUnitDays
At 2023-06-300USD
At 2022-12-3113,577USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-471,164USD91
2023-01-01 to 2023-06-30-701,376USD181
2022-04-01 to 2022-06-30-121,571USD91
2022-01-01 to 2022-06-30-267,337USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-30701,376USD181
2022-01-01 to 2022-06-30267,337USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-300USD181
2022-01-01 to 2022-06-300USD181

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2023-01-01 to 2023-06-300USD181
2022-01-01 to 2022-06-300USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-30412,500USD181
2022-01-01 to 2022-06-300USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-303,600USD181
2022-01-01 to 2022-06-30510USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-3016,028USD181
2022-01-01 to 2022-06-3062,408USD181

Inspect the source

Entity
1606 Corp. / CIK 0001877461
Captured
2026-09-21T17:32:43.358Z
SEC response SHA-256
a4c99bbca0d81c82e241ea9f9b7eafddd2ca275c68bb56247871f0686b61b3aa

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001877461.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"])))