Livento Group Q2 2024 10-Q Filed

TL;DR

Livento Group 10-Q filed. Q2 2024 financials out. Check revenues & fees vs last year.

AI Summary

Livento Group, Inc. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance, including revenues and various fees, for the second quarter and the first half of 2024, compared to the same periods in 2023. The company, formerly known as NuGene International, Inc. and Bling Marketing, Inc., is incorporated in Nevada and operates in the prepackaged software sector.

Why It Matters

This filing provides investors with an update on Livento Group's financial health and operational performance for the second quarter of 2024, crucial for assessing the company's current standing and future prospects.

Risk Assessment

Risk Level: medium — The filing is a standard quarterly report, but the company's financial performance and operational details within the report will determine the actual risk level for investors.

Key Numbers

• Q2 2024 — Reporting Period (Financials for April 1, 2024, to June 30, 2024, are detailed.)
• H1 2024 — Reporting Period (Financials for January 1, 2024, to June 30, 2024, are detailed.)
• 1231 — Fiscal Year End (Indicates the company's fiscal year concludes on December 31st.)

Key Players & Entities

• Livento Group, Inc. (company) — Filer of the 10-Q report
• NuGene International, Inc. (company) — Former company name
• Bling Marketing, Inc. (company) — Former company name
• 20240630 (date) — End of the reporting period
• 20240816 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — s registered: Common Stock, par value $0.0001 Name of each exchange on which regist

Filing Documents

• form10-q.htm (10-Q) — 599KB
• ex21-1.htm (EX-21.1) — 5KB
• ex31-1.htm (EX-31.1) — 17KB
• ex32-1.htm (EX-32.1) — 7KB
• 0001493152-24-032736.txt ( ) — 2921KB
• nugn-20240630.xsd (EX-101.SCH) — 20KB
• nugn-20240630_cal.xml (EX-101.CAL) — 49KB
• nugn-20240630_def.xml (EX-101.DEF) — 73KB
• nugn-20240630_lab.xml (EX-101.LAB) — 209KB
• nugn-20240630_pre.xml (EX-101.PRE) — 145KB
• form10-q_htm.xml (XML) — 321KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to________ Commission File Number: 000-56457 Livento Group, Inc. (Exact name of registrant as specified in its charter) Nevada 46-3999052 (State of incorporation) (I.R.S. Employer Identification No.) 17 +1 (980) 432-8241 (Address of principal executive offices) (Registrant's telephone number, including area code) NA (Former name, former address and former fiscal year, if changed since last report) Securities registered under Section 12(b) of the Act: Title of each class registered: None Name of each exchange on which registered: None Securities registered under Section 12(g) of the Act: Title of each class registered: Common Stock, par value $0.0001 Name of each exchange on which registered: None Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No Indicate by check mark whether the registrant is a large, accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large, accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer non-accelerated filer Smaller reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS: Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes No APPLICABLE ONLY TO CORPORATE ISSUERS: Indicate the number of shares outstanding of each of the issuer's classes of common stock, as June 30, 2024: 831,244,362 PART I—FINANCIAL INFORMATION Item 1. Financial Statements LIVENTO GROUP, INC., AND SUBSIDIARIES Condensed Consolidated Balance Sheet (Unaudited) As of June 30, 2024 As of December 31, 2023 ASSETS Current Assets Checking/Savings Cash 7,970 30,634 Total Checking/Savings $ 7,970 $ 30,634 Accounts Receivable 2,777,595 682,138 Other Current Assets Other Accounts Receivable 440,082 355,001 Inventories 0 0 Total Other Current Assets $ 440,082 $ 355,001 Total Current Assets $ 3,225,647 $ 1,067,773 Long Term Assets Long Term Investments 687,568 627,470 Property & Equipment 26,110 26,818 Goodwill 0 0 Intangible Assets 49,485,595 49,442,188 Other Assets 0 0 Deferred Long Term Asset Charges 0 0 Accumulated Amortization & Depreciation ( 5,363,865 ) ( 4,304,246 ) Total Fixed Assets $ 44,835,408 $ 45,792,230 TOTAL ASSETS $ 48,061,055 $ 46,860,003 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 355,157 323,936 Credit Cards 0 0 Other Current Liabilities Other Payables 250,294 85,665 Derivative Liabilities 0 0 Notes Payable 0 0 Payroll Liabilities 0 0 Related Parties Payable 0 0 Total Other Current Liabilities 250,294 85,665 Total Current Liabilities $ 605,451 $ 409,602 Long-Term Liabilities Co-Investments 3,472,020 3,402,020 Long-Term Business Loans 26,383 26,383 Total Long-Term Liabilities $ 3,498,403 $ 3,428,403 Total Liabilities $ 4,103,854 $ 3,838,005 Equity Additional Paid in Capital 62,111,943 61,939,774 Capital Stock 0 0 Common Stock 83,124 81,280 Common Stock to Issue after AGM 0 0 Dividends Paid 0 0 Opening Balance Equity 0 0 0 0 P

View Full Filing

View this 10-Q filing on SEC EDGAR