1606 CORP. - Annual Financials - Cash Flow (SEC)

Updated on January 3, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

See details in table below.

You can see similar for other companies.

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

Breakdown	2024-12-31	2023-12-31	2022-12-31
Net loss	-4514.971	-1580.733
Shares issued for services provided	-3033.4	-288.546
Amortization of debt discount	360.847	119.324
Change in fair value of derivative liabilities	77.228	192.759
Gain on debt extinguishment	37.461	0
Financing cost	0	200.616
Write-off of notes receivable and investments	21.5	65
Inventory write-off	72.853	0
Accounts receivable	-3.6	3.6
Inventory	0	-40.321
Prepaids and other current assets	6.618	-12.133
Accounts payable and accrued liabilities	204.19	269.852
Accrued Interest	48.902	34.196
Net cash used in operating activities	-890.986	-747.104
Investment in operating companies	0	65
Investment in note receivable	0	21.5
Net cash used in investing activities	0	-86.5
Proceeds from note payable to shareholder	415	215.5
Proceeds from convertible notes	494.5	245
Repayment of convertible notes	436.447	95.52
Proceeds from sale of common stock	371.07	412.5
Net cash provided by financing activities	844.123	777.48
Net increase (decrease) in cash	-46.863	-56.124
Cash, beginning of year	2.078	48.941	105.065
Cash, end of year	2.078	48.941	105.065
Interest paid	0	0
Income tax paid	0	0
Discount on convertible notes payable from derivative liability	147.805	141.231
Settlement of derivative liability	0	59.831
Conversion of loans and accrued interest into common stock	144.377	0