All individual numbers are from the SEC provided Financial Statement and Notes Data Sets. No guarantee is made for their accuracy. This report only shows the values that are common to a significant number of companies.
NOWTRANSIT INC Last Reported: 5/31/2024 Stock Symbol: N/A

Business Address

2722 S WEST TEMPLE

SALT LAKE CITY , UT US 84115

Mailing Address

2722 S WEST TEMPLE

SALT LAKE CITY , UT US 84115
Phone Number: 801-382-7806 / State Incorporated: NV / Fiscal Year End 12 /31

Balance Sheet

Date 12/31/2023 9/30/2023 6/30/2023 3/31/2023 11/30/2022 9/30/2022 8/31/2022 5/31/2022 2/28/2022 8/31/2021 5/31/2021 2/28/2021 11/30/2020 8/31/2020 5/31/2020 2/29/2020 11/30/2019 8/31/2019
Cash and Cash Equivalents $19,238.00 $41,988.00 $30,317.00 $9,464.00 -- -- -- -- -- $2,035.00 $374.00 $2,383.00 $20,051.00 $20,629.00 $22,874.00 $2,624.00 -- --
Accounts Receivable Net Current $36,448.00 $18,716.00 $15,820.00 $3,849.00 -- -- -- -- -- -- -- -- -- -- -- -- -- --
Inventory $37,702.00 $34,297.00 $15,830.00 $14,063.00 -- -- -- -- -- -- -- -- -- -- -- -- -- --
Prepaid Expenses and Other Current Assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Assets $93,388.00 $95,001.00 $62,967.00 $27,376.00 $28,343.00 -- $16,253.00 $24,456.00 $71,107.00 $6,314.00 -- -- -- -- -- -- -- --
Property Plant and Equipement -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Intangible Assets Net -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Goodwill -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Other Assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Assets $93,388.00 $95,001.00 $62,967.00 $27,376.00 $28,343.00 -- $16,253.00 $24,456.00 $71,107.00 $6,314.00 $374.00 $2,383.00 $20,051.00 $20,629.00 $22,874.00 $7,939.00 $8,015.00 $1,900.00
Accounts Payable $7,675.00 $8,032.00 $901.00 $15,235.00 $2,867.00 -- $1,860.00 $6,355.00 $4,718.00 -- $760.00 $760.00 $760.00 $760.00 $760.00 $1,750.00 -- --
Accrued Liabilities $1,450.00 -- -- -- -- -- -- -- -- -- -- -- $5,000.00 -- -- -- -- --
Total Current Liabilities $100,148.00 $86,399.00 -- $116,366.00 $2,867.00 -- $1,860.00 $16,748.00 $15,515.00 $19,106.00 $9,011.00 $7,811.00 $12,811.00 $7,811.00 $7,161.00 $7,965.00 $6,115.00 --
Long Term Debt -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Additional Paid-in Capital -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Other Comprehensive Loss -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Deficit $-428,083.00 $-389,707.00 $-332,561.00 $-247,299.00 $-146,317.00 -- $-117,400.00 $-113,692.00 $-65,808.00 $-34,192.00 $-30,037.00 $-26,828.00 $-14,160.00 $-8,582.00 $-5,687.00 $-2,826.00 $-900.00 $-900.00
Total Stockholders' Equity $-6,760.00 $8,602.00 $-54,252.00 $-88,990.00 $25,476.00 $-37,525.00 $14,393.00 $7,708.00 $55,592.00 $-12,792.00 $-8,637.00 $-5,428.00 $7,240.00 $12,818.00 $15,713.00 $-26.00 $1,900.00 $1,900.00
Controlling Interest in Subsidiaries -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Liabilities and Equity $93,388.00 $95,001.00 $62,967.00 $27,376.00 $28,343.00 -- $16,253.00 $24,456.00 $71,107.00 $6,314.00 $374.00 $2,383.00 $20,051.00 $20,629.00 $22,874.00 $7,939.00 $8,015.00 $1,900.00

Statement of Operations

Date 12/31/2023 9/30/2023 6/30/2023 3/31/2023 11/30/2022 9/30/2022 8/31/2022 5/31/2022 2/28/2022 8/31/2021 5/31/2021 2/28/2021 11/30/2020 8/31/2020 5/31/2020 2/29/2020 11/30/2019 8/31/2019
Total Revenues $597,595.00 $293,967.00 $69,465.00 $32,337.00 -- $28,055.00 -- -- -- -- -- -- -- -- -- -- -- --
Cost of Revenues -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Gross Profit $484,407.00 $247,896.00 $59,966.00 $27,591.00 -- $23,677.00 -- -- -- -- -- -- -- -- -- -- -- --
Research and Development -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Selling, General, and Administrative $706,257.00 $441,320.00 $231,035.00 $92,307.00 $28,917.00 $102,694.00 $91,921.00 $88,213.00 $40,329.00 $25,610.00 -- -- -- -- -- -- -- --
Total Operating Expenses $735,907.00 $461,020.00 $243,535.00 $98,307.00 $28,917.00 $114,469.00 $91,921.00 $88,213.00 $40,329.00 $25,610.00 -- -- -- -- -- -- -- --
Loss from Operations $-251,500.00 $-213,124.00 $-155,978.00 $-70,716.00 $-28,917.00 $-90,792.00 $-91,921.00 $-88,213.00 $-40,329.00 $-25,610.00 $-21,455.00 $-18,246.00 $-5,578.00 $-7,682.00 $-2,861.00 $-1,926.00 -- $-900.00
Loss Before Income Taxes -- -- -- -- -- -- $-83,208.00 $-79,500.00 $-31,616.00 -- -- -- -- -- -- -- -- --
Earnings Per Share Basic -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Weighted Average Shares Basic -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Earnings Per Share Diluted -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Weighted Average Shares Diluted -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Common Stock Shares Authorized 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000 -- 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000 75,000,000
Common Stock Shares Outstanding 40,896,221 40,792,600 40,312,600 39,832,600 5,461,500 -- 5,461,500 5,461,500 5,461,500 5,461,500 5,461,500 5,461,500 5,461,500 5,461,500 5,461,500 3,070,000 2,800,000 2,800,000
Common Stock Value $4,089.00 $4,079.00 $4,031.00 $3,983.00 $546.00 -- $546.00 $546.00 $546.00 $546.00 $546.00 $546.00 $546.00 $546.00 $546.00 $307.00 $280.00 $280.00
Common Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 -- $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payments Of Dividends Common Stock -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Authorized 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 -- 5,000,000 -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Outstanding 140,000 140,000 140,000 140,000 140,000 -- 100,000 100,000 100,000 -- -- -- -- -- -- -- -- --
Preferred Stock Value $14.00 $14.00 $14.00 $14.00 $14.00 -- $10.00 $10.00 $10.00 -- -- -- -- -- -- -- -- --
Preferred Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 -- $0.00 $0.00 $0.00 -- -- -- -- -- -- -- -- --
Share Price -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
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