1606 CORP. - Annual Financials - Balance Sheet (SEC)

Updated on January 3, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

See details in table below.

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1606 CORP. - Annual Balance Sheet (In Thousands of USD, Except Per Share Amounts)

Breakdown	2024-12-31	2023-12-31	2022-12-31
Cash	2.078	48.941	105.065
Accounts receivable	0	3.6
Notes receivable	0	21.5
Inventory	0	72.853
Prepaids and other current assets	8.062	1.444
Total Current Assets	10.14	148.338
Total Assets	10.14	148.338
Accounts payable and accrued liabilities	499.231	295.041
Accrued Interest	48.486	10.086
Note payable to related party	415	63.456
Convertible notes, net of discount	188.306	51.086
Derivative liability	40.603	193.026
Note payable to related party shareholder	1365.55	950.55
Total Current Liabilities	2205.632	1563.245
Total Liabilities	2205.632	1563.245
Common stock, par value $0.0001 per share, 5,000,000,000 shares authorized; 112,711,945 and 58,582,469 shares issued and outstanding, respectively	11270	5858
Additional paid-in capital	4724.284	995.638
Accumulated deficit	-6937.002	-2422.031
Total Stockholders' Equity	11.27	-1414.907	0
Total Liabilities and Stockholders' Equity	10.14	148.338
Preferred stock, value	5.956	0
Common stock, par value	0	0
Common stock, shares authorized	5000000	5000000
Common stock, shares issued	112711.945	58582.469
Common stock, shares outstanding	112711.945	58582.469
Preferred stock, par value	0	0
Preferred stock, shares authorized	39999.9	39999.9
Preferred stock, shares issued	0.09	0
Preferred stock, shares outstanding	0	0