Company profile
1606 CORP. CIK 1877461
Ticker
CBDW (OTC)
Industry
Services-Prepackaged Software
Headquarters
Phoenix, AZ 85016
Fiscal year end
2025 (FY)
Key Financials
Revenue
$0
Net income
-$1.30M
Total assets
$16.1K
Total liabilities
$3.24M
Stockholders' equity
-$3.22M
Cash & equivalents
$0
Operating income
-$485.7K
Operating cash flow
-$460.8K
Capital expenditures
—
Fiscal year 2025, via 10-K filed 2026-03-27. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.
Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
20,166.7%
Equity / assets
-20,066.7%
CapEx / revenue
—
Operating cash flow / net income
0.36×
Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.
Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025
$0
-$1.30M
$16.1K
$3.24M
-$3.22M
2024
$7.2K
-$4.51M
$10.1K
$2.21M
-$2.20M
2023
$1.6K
-$1.58M
$148.3K
$1.56M
-$1.41M
2022
$13.9K
-$540.0K
$231.8K
$826.9K
-$595.1K
2021
$34.1K
-$316.0K
$41.0K
$258.5K
-$217.5K
Company Details
SIC code
7372
State of incorporation
NV
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-09-16
Financials filed via
Form 10-K
filed 2026-03-27
"Most recent SEC filing" may differ from the filing used for the financial figures above.
Location
Phoenix, AZ 85016
Data & Methodology
SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:13 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.