1606 Corp. income statement CBDW

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, 1606 Corp. reported revenue of $0, down 100.0% from the year before. It recorded a net loss of $1.3 million. Diluted earnings per share were -$0.01. Across the 4 fiscal years shown, revenue shrank from $34,069 in fiscal 2021 to $7,195 in fiscal 2024, about 40.4% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021
Revenue	0 -100.0%	0 +348.8%	0 -88.5%	0 -59.1%	0
Cost of revenue	0 -100.0%	0 +635.0%	0 -92.2%	0 -41.2%	0
Gross profit	0 +100.0%	-0 -119.4%	0 -48.6%	0 -90.4%	0
Selling, general and administrative	0 -88.2%	4 +164.6%	2 +187.4%	1 +21.2%	0
Operating expenses	0	—	—	—	—
Operating income	-0 +88.3%	-4 -155.5%	-2	—	—
Other non-operating income (expense)	-1	—	—	—	—
Pretax income	-1 +71.3%	-5 -185.6%	-2 -192.7%	-1 -79.3%	-0
Income tax	0	0	0	—	0
Net income	-1 +71.3%	-5 -185.6%	-2 -192.7%	-1 -70.9%	-0
Diluted EPS	-0.01 +83.3%	-0.06	—	—	—
Weighted average shares, basic	—	—	47	—	—
Weighted average shares, diluted	195 +149.8%	78	—	—	—
Other measures
Interest coverage	-0.51x	-8.42x	—	—	—
Margins
Gross margin	—	-1.64%	37.93%	8.48%	36.32%
Operating margin	—	-57,515.98%	-101,058.76%	—	—
Pretax margin	—	-62,751.51%	-98,610.92%	-3,872.90%	-884.27%
Profit margin	—	-62,751.51%	-98,610.92%	-3,872.90%	-927.42%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Services-Prepackaged Software (SIC 7372)
Listed as: CBDW (OTC)
Fiscal year ends: December 31
Incorporated in: NV
Headquarters: Phoenix, AZ
SEC filer status: , Emerging growth company
SEC CIK: 1877461

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.