1606 CORP. - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

See details in table below.

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

Breakdown	2024-12-31	2023-12-31
Revenue, net of discounts	7.195	1.603
Cost of goods sold	7.313	0.995
Gross profit	-0.118	0.608
Selling, general and administrative	4116.657	1555.58
Write-off of investments	21.5	65
Total operating expenses	4138.157	1620.58
Operating loss	-4138.275	-1619.972
Interest expense	-491.385	-153.52
Gain on debt extinguishment	37.461	0
Change in fair value of derivative liabilities	77.228	192.759
Total other expenses	376.696	39.239
Loss from operations before income taxes	-4514.971	-1580.733
Provision for income taxes	0	0
Net Loss	-4514.971	-1580.733
Diluted Earnings Per Share	-0.06	-0.03
Diluted Weighted Average Shares Outstanding	78193.535	47322.946