Complete financial analysis of 1606 Corp. (CBDW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of 1606 Corp., a leading company in the Tobacco industry within the Consumer Defensive sector.
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1606 Corp. (CBDW)
About 1606 Corp.
1606 Corp., an AI chatbot company, specializes in merchandising chatbots for the cannabidiol industry. It offers ChatCBDW, a proprietary bot fully integrated to improve sales, educate audiences on products, and provide analytics on customer preferences and behavior and contributing to inventory management. The company was founded in 2019 and is headquartered in Phoenix, Arizona.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 1.60K | 13.94K | 34.07K |
| Cost of Revenue | 995.00 | 12.76K | 21.70K |
| Gross Profit | 608.00 | 1.18K | 12.37K |
| Gross Profit Ratio | 37.93% | 8.48% | 36.32% |
| Research & Development | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 422.43K | 256.66K |
| Selling & Marketing | 0.00 | 118.79K | 56.98K |
| SG&A | 1.71M | 541.22K | 313.63K |
| Other Expenses | 65.00K | 0.00 | 0.00 |
| Operating Expenses | 1.77M | 541.22K | 313.63K |
| Cost & Expenses | 1.78M | 553.98K | 335.33K |
| Interest Income | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 995.00 | 0.00 | 0.00 |
| EBITDA | -1.71M | -540.04K | -301.26K |
| EBITDA Ratio | -106,580.91% | -3,872.90% | -884.27% |
| Operating Income | -1.77M | -540.04K | -301.26K |
| Operating Income Ratio | -110,635.81% | -3,872.90% | -884.27% |
| Total Other Income/Expenses | 192.76K | 0.00 | 0.00 |
| Income Before Tax | -1.58M | -540.04K | -301.26K |
| Income Before Tax Ratio | -98,610.92% | -3,872.90% | -884.27% |
| Income Tax Expense | 0.00 | 0.00 | 0.00 |
| Net Income | -1.58M | -540.04K | -301.26K |
| Net Income Ratio | -98,610.92% | -3,872.90% | -884.27% |
| EPS | -0.03 | -0.01 | -0.01 |
| EPS Diluted | -0.03 | -0.01 | -0.01 |
| Weighted Avg Shares Out | 47.32M | 38.15M | 37.10M |
| Weighted Avg Shares Out (Dil) | 47.32M | 38.15M | 37.10M |
1606 Corp. AI Chatbots Innovations, Highlights Adnexus LOI, and Quarterly Reporting Update After Q3 Filling
SEATTLE, WA / ACCESSWIRE / November 19, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," or "1606") has made strong progress in the latest quarter, positioning itself as a key player in the growing AI chatbot market. The Company has...
1606 Corp. Target for Strategic Investment Adnexus Biotechnologies Merges With Sanctum Therapeutics to Obtain Breakthrough HIV and SARS-CoV-2 Treatments
SEATTLE, WA / ACCESSWIRE / November 12, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company" or "1606"), a leader in AI technology, acquisition target Adnexus Biotechnologies Inc. is delighted to reveal the completion of a merger agreement to acquire Sanctum...
Join 1606 Corp.'s Exclusive Live Investor Webinar and Q&A Session on October 10th
SEATTLE, WA / ACCESSWIRE / October 7, 2024 /1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in innovative AI chatbot solutions, is pleased to invite investors to a webinar on October 10, 2024, at 4:15 p.m. ET....
Adnexus Biotechnologies Partners with 1606 Corp. for Strategic Investment to Revolutionize AI-Driven Drug Discovery
SEATTLE, WA / ACCESSWIRE / September 17, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company" or "1606") is pleased to announce it has signed a Letter of Intent to acquire a strategic stake in Adnexus Biotechnologies Inc., a pioneering company...
1606 Corp. Signs Letter of Intent to Acquire a Strategic Stake in Adnexus, a Leading AI Biotech Company
SEATTLE, WA / ACCESSWIRE / September 4, 2024 / 1606 Corp. (OTC Pink:CBDW), a leader in AI technology development, is pleased to announce that it has signed a nonbinding Letter of Intent (LOI) to acquire a strategic stake in Adnexus,...
1606 Corp. Highlights New Leadership, AI Chatbots Innovations, and Quarterly Reporting Update After Q2 Filling
SEATTLE, WA / ACCESSWIRE / August 15, 2024 / 1606 Corp (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in AI chatbots, is pleased to share significant updates for the second quarter of 2024. With new CEO, Austen Lambrecht,...
1606 Corp. Announces Austen Lambrecht as CEO and Chairman of the Board
SEATTLE, WA / ACCESSWIRE / July 23, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in innovative AI chatbot solutions, announced the board appointment of Austen Lambrecht as its new Chief Executive Officer (CEO) and...
1606 Corp. to Host Exclusive Live Investor Webinar and Q&A Session on June 11th
SEATTLE, WA / ACCESSWIRE / June 6, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in innovative AI chatbot solutions, is pleased to invite investors to a webinar on June 11, 2024, at 4:15 p.m....
1606 Corp. Recaps Massive Response to IR Chat From Planet Microcap Show
SEATTLE, WA / ACCESSWIRE / May 9, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in the Ai chatbot industry, is thrilled to announce its successful participation in the recently concluded Planet MicroCap Showcase. Held...
1606 Corp. Unveils New AI Vertical: IR Chat, a Bot for Public Companies and Investors
SEATTLE, WA / ACCESSWIRE / April 30, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a pioneering company in the field of AI chatbot technology, announces what it believes is a monumental milestone in the realm of...
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