10-Q
Quarterly Report
1606 Corp.
CIK: 1877461
File #: 000-53425
Balance Sheet
32 line items · 2 periods
XBRL
| Item | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
CONDENSED BALANCE SHEETS | ||
Current Assets | ||
Cash | 998 | 2,078 |
Class B Super Voting Preferred Stock | 0 | 0 |
Class A Convertible Preferred Stock | 5,772 | 5,956 |
Undesignated Preferred Shares | 0 | 0 |
Other Non-Operating Current Assets | 13,604 | 8,062 |
Total Current Assets | 14,602 | 10,140 |
Total Assets | 14,602 | 10,140 |
Liabilities and Stockholders' Deficit | ||
Current Liabilities | ||
Accounts Payable | 604,106 | 499,231 |
Accrued interest | 42,974 | 48,486 |
Chief Executive Officers - Convertible Notes Payable | 42,974 | — |
Asset Purchase Agreement | 11,900 | 9,527 |
Note payable to related party | 63,456 | 63,456 |
Convertible notes, net of discount | 486,613 | 188,306 |
Other Non-Operating Current Liabilities | 1,706,892 | 40,603 |
Note payable to shareholder | 0 | 1,365,550 |
Total Current Liabilities | 2,904,041 | 2,205,632 |
Total Liabilities | 2,904,041 | 2,205,632 |
Stockholders' Deficit | ||
Total Stockholders' Equity | 20,141 | 11,270 |
Total Stockholders' Equity | 4,824,616 | 4,724,284 |
Total Stockholders' Equity | (7,739,968) | (6,937,002) |
Total Stockholders' Deficit | (2,889,439) | (2,195,492) |
Retained Earnings (Accumulated Deficit) | (7,739,968) | (6,937,002) |
Additional Paid-In Capital | 4,824,616 | 4,724,284 |
Class B Super Voting Preferred Stock | 0 | 0 |
Common Stock | 20,141 | 11,270 |
Class A Convertible Preferred Stock | 5,772 | 5,956 |
Total Liabilities and Stockholders' Deficit | 14,602 | 10,140 |