Artisan Consumer Goods, Inc. Files 10-Q for Period Ending December 31, 2023
Ticker: ARRT · Form: 10-Q · Filed: Feb 20, 2024 · CIK: 1530425
Sentiment: neutral
Topics: 10-Q, Artisan Consumer Goods, ARRT, Financial Report, Quarterly Filing
TL;DR
<b>Artisan Consumer Goods, Inc. (ARRT) filed its quarterly report (10-Q) on February 20, 2024, detailing financial information for the period ending December 31, 2023.</b>
AI Summary
Artisan Consumer Goods, Inc. (ARRT) filed a Quarterly Report (10-Q) with the SEC on February 20, 2024. Artisan Consumer Goods, Inc. filed a 10-Q report for the period ending December 31, 2023. The company's fiscal year end is June 30. The filing was made on February 20, 2024. The company was formerly known as Lash, Inc. and Cassidy Ventures Inc. The company's business and mailing address is in Seattle, WA.
Why It Matters
For investors and stakeholders tracking Artisan Consumer Goods, Inc., this filing contains several important signals. This 10-Q filing provides investors with an update on Artisan Consumer Goods, Inc.'s financial performance and position as of the end of the third quarter of their fiscal year. Understanding the details within this report is crucial for assessing the company's operational health, profitability, and any potential risks or opportunities that have emerged.
Risk Assessment
Risk Level: — Artisan Consumer Goods, Inc. shows moderate risk based on this filing. The filing is a standard 10-Q, which is a routine quarterly report, indicating no immediate or unusual financial distress or significant positive developments requiring urgent attention.
Analyst Insight
Review the detailed financial statements and management's discussion and analysis within the 10-Q to understand the company's performance trends and future outlook.
Key Numbers
- 2023-12-31 — Period End Date (Conformed period of report)
- 2024-02-20 — Filing Date (Filed as of date)
- 06-30 — Fiscal Year End (Fiscal year end)
Key Players & Entities
- Artisan Consumer Goods, Inc. (company) — Filer name
- 2023-12-31 (date) — Period of report
- 2024-02-20 (date) — Filed as of date
- Lash, Inc. (company) — Former company name
- Cassidy Ventures Inc. (company) — Former company name
- Seattle, WA (location) — Business address
FAQ
When did Artisan Consumer Goods, Inc. file this 10-Q?
Artisan Consumer Goods, Inc. filed this Quarterly Report (10-Q) with the SEC on February 20, 2024.
What is a 10-Q filing?
A 10-Q is a quarterly financial report with unaudited financials, management discussion, and interim business updates. This particular 10-Q was filed by Artisan Consumer Goods, Inc. (ARRT).
Where can I read the original 10-Q filing from Artisan Consumer Goods, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Artisan Consumer Goods, Inc..
What are the key takeaways from Artisan Consumer Goods, Inc.'s 10-Q?
Artisan Consumer Goods, Inc. filed this 10-Q on February 20, 2024. Key takeaways: Artisan Consumer Goods, Inc. filed a 10-Q report for the period ending December 31, 2023.. The company's fiscal year end is June 30.. The filing was made on February 20, 2024..
Is Artisan Consumer Goods, Inc. a risky investment based on this filing?
Based on this 10-Q, Artisan Consumer Goods, Inc. presents a moderate-risk profile. The filing is a standard 10-Q, which is a routine quarterly report, indicating no immediate or unusual financial distress or significant positive developments requiring urgent attention.
What should investors do after reading Artisan Consumer Goods, Inc.'s 10-Q?
Review the detailed financial statements and management's discussion and analysis within the 10-Q to understand the company's performance trends and future outlook. The overall sentiment from this filing is neutral.
How does Artisan Consumer Goods, Inc. compare to its industry peers?
The company operates within the consumer goods sector, which is subject to consumer spending trends, competition, and supply chain dynamics.
Are there regulatory concerns for Artisan Consumer Goods, Inc.?
As a publicly traded company, Artisan Consumer Goods, Inc. is subject to SEC regulations, including the requirement to file quarterly reports (10-Q) to ensure transparency for investors.
Industry Context
The company operates within the consumer goods sector, which is subject to consumer spending trends, competition, and supply chain dynamics.
Regulatory Implications
As a publicly traded company, Artisan Consumer Goods, Inc. is subject to SEC regulations, including the requirement to file quarterly reports (10-Q) to ensure transparency for investors.
What Investors Should Do
- Analyze the balance sheet for changes in assets, liabilities, and equity.
- Review the income statement for revenue trends and profitability.
- Examine the cash flow statement for operating, investing, and financing activities.
Key Dates
- 2023-12-31: Period End Date — End of the reporting period for the 10-Q filing.
- 2024-02-20: Filing Date — Date the 10-Q report was officially submitted to the SEC.
Year-Over-Year Comparison
This is the first 10-Q filing analyzed for Artisan Consumer Goods, Inc. in the current review cycle, so no direct comparison to a prior filing is available.
Filing Stats: 4,666 words · 19 min read · ~16 pages · Grade level 13.1 · Accepted 2024-02-20 15:21:59
Key Financial Figures
- $0.001 — were 4,400,048 shares of common stock, $0.001 par value per share, outstanding. ARTI
Filing Documents
- arrt_10q.htm (10-Q) — 449KB
- arrt_ex311.htm (EX-31.1) — 10KB
- arrt_ex312.htm (EX-31.2) — 13KB
- arrt_ex321.htm (EX-32.1) — 4KB
- 0001477932-24-000828.txt ( ) — 1755KB
- arrt-20231231.xsd (EX-101.SCH) — 16KB
- arrt-20231231_lab.xml (EX-101.LAB) — 112KB
- arrt-20231231_cal.xml (EX-101.CAL) — 23KB
- arrt-20231231_pre.xml (EX-101.PRE) — 89KB
- arrt-20231231_def.xml (EX-101.DEF) — 32KB
- arrt_10q_htm.xml (XML) — 123KB
Financial Information
Part I. Financial Information Item 1.
Financial Statements
Financial Statements 4 Balance Sheets as of December 31, 2023 and June 30, 2023 (unaudited). 4 5 6 7
Notes to Financial Statements (unaudited)
Notes to Financial Statements (unaudited). 8 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations. 11 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk. 13 Item 4.
Controls and Procedures
Controls and Procedures. 13
Other Information
Part II. Other Information Item 1. Legal Proceedings. 14 Item 1A.
Risk Factors
Risk Factors 14 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 14 Item 3. Defaults Upon Senior Securities. 14 Item 4. Mine Safety Disclosures. 14 Item 5. Other Information. 14 Item 6. Exhibits. 15
Signatures
Signatures 16 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q of Artisan Consumer Goods, Inc., a Nevada corporation (the "Company"), contains "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. The economic environment within which we operate could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things to product demand, market and customer acceptance, competition, pricing, the exercise of the control over us by Amber Joy Finney, the Company's sole officer and director and majority shareholder, and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions; and other factors discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). Our management has included projections and estimates in this Form 10-Q, which are based primarily on management's experience in the industry, assessments of our results of operations, discussions and negotiatio
Notes to Financial Statements (Unaudited)
Notes to Financial Statements (Unaudited) As of December 31, 2023 and June 30, 2023 NOTE 1 ORGANIZATION AND DESCRIPTION OF BUSINESS Artisan Consumer Goods, Inc. (the "Company") was incorporated in the State of Nevada on September 14, 2009, and its year-end is June 30. The Company's principle executive office address is 999 N Northlake Way Ste 203, Seattle, Washington 98103-3442. The Company had previously acquired mineral properties located in the Thunder Bay mining district, Province of Ontario, Canada but never determined whether these properties contain reserves that are economically recoverable. As of June 30, 2015, the Company ceased our exploration operations in the Thunder Bay mining district due to a lack of funds. As of September 30, 2018, the Company ceased pursuing all mining exploration. The Company acquired the Within / Without Granola ("WWG") brand on July 15, 2021 form Paleo Scavenger, LLC for $ 10,000 . During June 2022, the Company restarted the manufacturing process for the Within / Without Granola products. The Company generated the first sales since inception during August 2022. The Company is currently selling the original and maple flavored granola products on Shopify. During February 2023, the inventory from the first run the Within / Without Granola products expired and the remaining inventory was written off. The Company is searching for a new manufacturer to produce smaller batches of the Within / Without Granola products. As of December 31, 2023, a new manufacturer has not been engaged. During 2023, William Drury the Company's secretary passed away. Amber Finney the Company CEO assumed Mr. Drury's duties. NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company's unaudited consolidated financial statements have been prepared on an accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (US GAAP) for interim financial information appli