We are not presently engaged in, and we do not anticipate engaging in, any commercial business activities for an indefinite period of time after filing this annual report. We intend to use cash derived from private placements, public offerings, loans, or a combination thereof, to effect a business combination. Such a business combination may be with a company which does not need substantial additional capital but which desires to establish a public trading market for its stock. We may also seek to consummate a business combination with a company that may be financially unstable or in its early stages of development or growth. We may also face other risks including time delays, significant expenses, loss of voting control and failure to comply with various federal and state securities laws. Our stockholders may not have an opportunity to evaluate the specific merits or risks of any potential business combination.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Black Gardenia Corp
SEC CIK
Corporate docs
IRS number
431954778
Latest filings (excl ownership)
15-12G
Securities registration termination
30 Mar 20
10-K
2019 FY
Annual report
27 Mar 20
10-Q
2019 Q3
Quarterly report
18 Nov 19
NT 10-Q
Notice of late quarterly filing
15 Nov 19
10-Q
2019 Q2
Quarterly report
14 Aug 19
10-Q
2019 Q1
Quarterly report
15 May 19
10-K
2018 FY
Annual report
26 Mar 19
10-Q
2018 Q3
Quarterly report
19 Nov 18
NT 10-Q
Notice of late quarterly filing
15 Nov 18
10-Q
2018 Q2
Quarterly report
17 Aug 18
Latest ownership filings
No filings
Financial summary
Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
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Revenue | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 13.77 k | 13.77 k | 13.77 k | 13.77 k | 13.77 k | 13.77 k |
Cash burn (monthly) | 2.00 k | (no burn) | 2.50 k | (no burn) | 2.00 k | (no burn) |
Cash used (since last report) | 104.44 k | n/a | 130.54 k | n/a | 104.44 k | n/a |
Cash remaining | -90.67 k | n/a | -116.77 k | n/a | -90.67 k | n/a |
Runway (months of cash) | -45.3 | n/a | -46.7 | n/a | -45.3 | n/a |