Reliant Holdings Inc
For the period ended Dec 31, 2023. Filed Apr 18, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 18, 2024
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Consolidated Statements of Operations
Reliant Holdings, Inc. and Subsidiary
| For the Year ended | ||
|---|---|---|
| 2023 | 2022 | |
| Revenue | $2,454,802 | $4,616,404 |
| Cost of goods sold | (1,582,809) | (3,324,213) |
| Gross margin | 871,993 | 1,292,191 |
| Operating expenses | ||
| General and administrative | 822,485 | 940,978 |
| Total operating expenses | (822,485) | (940,978) |
| Income from operations | 49,508 | 351,213 |
| Other income (expense) | ||
| Interest income | 861 | 837 |
| Interest expense | (15,280) | (3,536) |
| Total other income (expense) | (14,419) | (2,699) |
| Income before income taxes | 35,089 | 348,514 |
| Provision for income tax | (1,474) | (14,638) |
| Net income | $33,615 | $333,876 |
| Total Comprehensive Income | $33,615 | $333,876 |
| Net income per share - basic and diluted | $0.00 | $0.02 |
| Weighted average common shares outstanding | 16,584,725 | 16,385,000 |
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