Accredited Solutions, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Accredited Solutions, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $688.9K | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | $483.0K | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | $0 | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | $415.8K | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | $260.0K | Apr 15, 2021 |
| FY2012 | Dec 31, 2012 | $0 | Apr 15, 2013 |
| FY2012 | Dec 31, 2011 | $0 | Apr 15, 2013 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $138.1K | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | $95.1K | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | $0 | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | $73.0K | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | $40.2K | Apr 15, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | ($1.49M) | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | ($31.7K) | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | ($30) | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | ($1.46M) | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | ($1.70M) | Apr 15, 2021 |
| FY2019 | Dec 31, 2018 | ($101.1K) | Mar 30, 2020 |
| FY2017 | Dec 31, 2017 | ($170.3K) | May 25, 2018 |
| FY2016 | Dec 31, 2016 | $43.6K | May 31, 2018 |
| FY2016 | Dec 31, 2015 | ($24.7K) | May 31, 2018 |
| FY2015 | Dec 31, 2014 | $312.7K | Jul 22, 2019 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | ($148.8K) | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | ($206.3K) | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | $0 | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | ($1.32M) | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | ($154.1K) | Apr 15, 2021 |
| FY2019 | Dec 31, 2018 | ($101.1K) | Mar 30, 2020 |
| FY2017 | Dec 31, 2017 | ($1.0K) | May 25, 2018 |
| FY2016 | Dec 31, 2016 | ($2.0K) | May 31, 2018 |
| FY2016 | Dec 31, 2015 | ($1.5K) | May 31, 2018 |
| FY2012 | Dec 31, 2012 | ($1.98M) | Apr 15, 2013 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | ($81.5K) | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | ($233.5K) | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | ($30) | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | ($121.5K) | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | ($463.5K) | Apr 15, 2021 |
| FY2019 | Dec 31, 2018 | ($61.3K) | Mar 30, 2020 |
| FY2014 | Dec 31, 2013 | ($497.1K) | Jul 22, 2019 |
| FY2012 | Dec 31, 2012 | ($790.7K) | Apr 15, 2013 |
| FY2012 | Dec 31, 2011 | ($525.1K) | Apr 15, 2013 |
| FY2011 | Dec 31, 2010 | ($62.6K) | Sep 5, 2012 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2012 | Dec 31, 2012 | $0 | Apr 15, 2013 |
| FY2011 | Dec 31, 2011 | $74.2K | Mar 27, 2012 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $229.5K | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | $815.0K | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | $22.2K | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | $2.01M | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | $331.6K | Apr 15, 2021 |
| FY2012 | Dec 31, 2012 | $217.8K | Apr 15, 2013 |
| FY2012 | Dec 31, 2011 | $289.3K | Apr 15, 2013 |
| FY2011 | Dec 31, 2010 | $301.2K | Sep 5, 2012 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $5.30M | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | $4.69M | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | $0 | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | $2.42M | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | $2.39M | Apr 15, 2021 |
| FY2019 | Dec 31, 2018 | $109.9K | Mar 30, 2020 |
| FY2018 | Dec 31, 2017 | $38.9K | Apr 16, 2019 |
| FY2016 | Dec 31, 2016 | $38.9K | Jul 22, 2019 |
| FY2016 | Dec 31, 2015 | $38.9K | Jul 22, 2019 |
| FY2015 | Dec 31, 2014 | $38.9K | Jul 22, 2019 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | ($5.07M) | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | ($3.88M) | Jul 16, 2024 |
| FY2023 | Dec 31, 2021 | $22.2K | Jul 16, 2024 |
| FY2022 | Dec 31, 2020 | $2.2K | Jul 18, 2023 |
| FY2020 | Dec 31, 2019 | ($2.06M) | Apr 15, 2021 |
| FY2020 | Dec 31, 2018 | ($109.9K) | Apr 15, 2021 |
| FY2019 | Dec 31, 2017 | ($38.9K) | Mar 30, 2020 |
| FY2016 | Dec 31, 2016 | ($38.9K) | Jul 22, 2019 |
| FY2016 | Dec 31, 2015 | ($38.9K) | Jul 22, 2019 |
| FY2016 | Jan 1, 2015 | ($38.9K) | Jul 22, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $0 | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | $302.2K | Jul 16, 2024 |
| FY2023 | Dec 31, 2021 | $302.2K | Jul 16, 2024 |
| FY2021 | Dec 31, 2020 | $0 | Apr 25, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | ($7.87M) | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | ($6.39M) | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | ($40) | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | ($8.39M) | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | ($6.93M) | Apr 15, 2021 |
| FY2019 | Dec 31, 2018 | ($5.23M) | Mar 30, 2020 |
| FY2018 | Dec 31, 2017 | ($5.13M) | Apr 16, 2019 |
| FY2016 | Dec 31, 2016 | ($5.13M) | Jul 22, 2019 |
| FY2016 | Dec 31, 2015 | ($5.13M) | Jul 22, 2019 |
| FY2015 | Dec 31, 2014 | ($5.13M) | Jul 22, 2019 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2020 | $59.9K | Apr 25, 2022 |
| FY2021 | Dec 31, 2019 | $48.1K | Apr 25, 2022 |
| FY2020 | Dec 31, 2018 | $0 | Apr 15, 2021 |
| FY2012 | Dec 31, 2012 | $0 | Apr 15, 2013 |
| FY2012 | Dec 31, 2011 | $215.7K | Apr 15, 2013 |
| FY2012 | Dec 31, 2010 | $10.0K | Apr 15, 2013 |
| FY2012 | Nov 26, 2007 | $0 | Apr 15, 2013 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | 678.80M | Jul 16, 2024 |
| FY2023 | Dec 31, 2022 | 339.28M | Jul 16, 2024 |
| FY2022 | Dec 31, 2021 | 102.50M | Jul 18, 2023 |
| FY2021 | Dec 31, 2020 | 22.26M | Apr 25, 2022 |
| FY2020 | Dec 31, 2019 | 1.95M | Apr 15, 2021 |
| FY2019 | Dec 31, 2018 | 1.44M | Mar 30, 2020 |
| FY2018 | Dec 31, 2017 | 143.26M | Apr 16, 2019 |
| FY2016 | Dec 31, 2016 | 1.43M | Jul 22, 2019 |
| FY2016 | Dec 31, 2015 | 1.43M | Jul 22, 2019 |
| FY2015 | Dec 31, 2014 | 2,014 | Jul 22, 2019 |