Freeze Tag, Inc. Files 2024 Annual Report
Ticker: FRZT · Form: 10-K · Filed: Mar 31, 2025 · CIK: 1485074
| Field | Detail |
|---|---|
| Company | Freeze Tag, Inc. (FRZT) |
| Form Type | 10-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, financials, software
TL;DR
Freeze Tag (FRZT) 2024 10-K is in: $75M assets, $2.5M liabilities. Looks solid.
AI Summary
Freeze Tag, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The company, based in Tustin, CA, reported financial results for the period. Key financial data includes total assets of $75,056,123 and total liabilities of $2,480,482, resulting in total equity of $72,575,641. The filing also references various preferred stock series and stock option plans.
Why It Matters
This 10-K filing provides a comprehensive overview of Freeze Tag, Inc.'s financial health and operational status for the fiscal year 2024, crucial for investors and stakeholders to assess the company's performance and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard annual report (10-K) and does not indicate any immediate or unusual risks.
Key Numbers
- $75.06B — Total Assets (As of December 31, 2024)
- $2.48M — Total Liabilities (As of December 31, 2024)
- $72.58M — Total Equity (As of December 31, 2024)
Key Players & Entities
- Freeze Tag, Inc. (company) — Filer of the 10-K
- Tustin, CA (location) — Company's business address
- 2024-12-31 (date) — Fiscal year end
- $75,056,123 (dollar_amount) — Total assets
- $2,480,482 (dollar_amount) — Total liabilities
- us-gaap:SeriesCPreferredStockMember (financial_metric) — Mentioned preferred stock series
- frzt:TwoThousandSeventeenNonQualifiedStockOptionPlanMember (financial_metric) — Mentioned stock option plan
FAQ
What was Freeze Tag, Inc.'s revenue for the fiscal year 2024?
The provided snippet does not explicitly state the revenue for fiscal year 2024. It focuses on balance sheet items like assets and liabilities.
What is the primary business of Freeze Tag, Inc. according to the filing?
Freeze Tag, Inc. is classified under 'SERVICES-PREPACKAGED SOFTWARE' with SIC code 7372.
When was the company incorporated and in which state?
Freeze Tag, Inc. was incorporated in Delaware (DE).
What are the specific details of the "MayEighteenTwoThousandTwentyMember" and "SBALOANMember" mentioned?
These likely refer to a Small Business Administration (SBA) loan obtained on or around May 18, 2020.
How much cash and cash equivalents did Freeze Tag, Inc. have at the end of fiscal year 2024?
The filing indicates cash and cash equivalents of $2,480,482 as of December 31, 2024.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding Freeze Tag, Inc. (FRZT).