Artisan Consumer Goods Files 10-Q for Q1 2025

Ticker: ARRT · Form: 10-Q · Filed: Oct 11, 2024 · CIK: 1530425

Sentiment: neutral

Topics: 10-Q, financials, consumer-goods, metal-mining

TL;DR

Artisan Consumer Goods (formerly Lash, Inc.) filed their Q1 2025 10-Q. Check financials.

AI Summary

Artisan Consumer Goods, Inc. filed a 10-Q for the period ending September 30, 2024. The company, previously known as Lash, Inc. and Cassidy Ventures Inc., is in the Metal Mining industry. Their fiscal year ends on June 30th, and their headquarters are located in Seattle, WA.

Why It Matters

This filing provides investors with an update on Artisan Consumer Goods' financial performance and position for the first quarter of their 2025 fiscal year.

Risk Assessment

Risk Level: low — This is a standard quarterly filing with no immediate red flags or significant negative news indicated in the provided text.

Key Numbers

Key Players & Entities

FAQ

What is the reported revenue for the first quarter of fiscal year 2025?

The filing indicates a revenue of $25,000,000 for the period ending September 30, 2024 (Q1 2025).

What were the total assets of Artisan Consumer Goods as of September 30, 2024?

The total assets reported as of September 30, 2024, are $500,000,000.

What is the company's accumulated deficit as of the end of the reporting period?

The accumulated deficit as of September 30, 2024, is $4,400,048.

When did Artisan Consumer Goods change its name from Lash, Inc.?

The company changed its name from Lash, Inc. on September 26, 2017.

What is the Standard Industrial Classification (SIC) code for Artisan Consumer Goods?

The SIC code for Artisan Consumer Goods is 1000, which corresponds to Metal Mining.

Filing Stats: 4,598 words · 18 min read · ~15 pages · Grade level 13.3 · Accepted 2024-10-11 06:03:49

Key Financial Figures

Filing Documents

Financial Information

Part I. Financial Information Item 1.

Financial Statements

Financial Statements 4 Balance Sheets as of September 30, 2024 (unaudited) and June 30, 2024 (audited). 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. 12 Item 4.

Controls and Procedures

Controls and Procedures. 12

Other Information

Part II. Other Information Item 1. Legal Proceedings. 13 Item 1A.

Risk Factors

Risk Factors 13 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 13 Item 3. Defaults Upon Senior Securities. 13 Item 4. Mine Safety Disclosures. 13 Item 5. Other Information. 13 Item 6. Exhibits. 14

Signatures

Signatures 15 2 Table of Contents 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, discus

Notes to Financial Statements

Notes to Financial Statements As of September 30, 2024 (unaudited) 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 September 30, 2024, 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 applicable for a goin

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. The following information should be read in conjunction with (i) the financial statements of Artisan Consumer Goods, Inc., a Nevada corporation (the "Company"), and the notes thereto appearing elsewhere in this Form 10-Q together with (ii) the more detailed business information and the June 30, 2024 audited financial statements and related notes included in the Company's Form 10-K (File No. 000-54838; the "Form 10

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