NetBrands Corp. Files Q3 2024 10-Q
Ticker: NBND · Form: 10-Q · Filed: Nov 25, 2024 · CIK: 1725911
| Field | Detail |
|---|---|
| Company | Netbrands CORP. (NBND) |
| Form Type | 10-Q |
| Filed Date | Nov 25, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, company-information
TL;DR
NetBrands Corp. 10-Q filed for Q3 2024. Bakery products.
AI Summary
NetBrands Corp. filed its 10-Q for the period ending September 30, 2024. The company, formerly known as Global Diversified Marketing Group Inc. and Dense Forest Acquisition Corp, is incorporated in Delaware and operates in the bakery products sector. Its principal executive offices are located in Island Park, NY.
Why It Matters
This filing provides investors with an update on NetBrands Corp.'s financial performance and operational status for the third quarter of 2024.
Risk Assessment
Risk Level: low — This is a routine quarterly filing with no immediately apparent significant negative or positive financial events.
Key Players & Entities
- NetBrands Corp. (company) — Filer
- Global Diversified Marketing Group Inc. (company) — Former company name
- Dense Forest Acquisition Corp (company) — Former company name
- 20240930 (date) — Conformed period of report
- 20241125 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The conformed period of report is September 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on November 25, 2024.
What industry does NetBrands Corp. operate in?
NetBrands Corp. operates in the Bakery Products sector, SIC code 2050.
What were NetBrands Corp.'s former company names?
NetBrands Corp. was formerly known as Global Diversified Marketing Group Inc. and Dense Forest Acquisition Corp.
Where are NetBrands Corp.'s principal executive offices located?
NetBrands Corp.'s principal executive offices are located at 4042 Austin Boulevard, Suite B, Island Park, NY 11558.
Filing Stats: 4,598 words · 18 min read · ~15 pages · Grade level 13.9 · Accepted 2024-11-25 06:09:15
Filing Documents
- form10-q.htm (10-Q) — 598KB
- ex31.htm (EX-31) — 13KB
- ex32.htm (EX-32) — 9KB
- 0001493152-24-047532.txt ( ) — 3145KB
- nbnd-20240930.xsd (EX-101.SCH) — 21KB
- nbnd-20240930_cal.xml (EX-101.CAL) — 31KB
- nbnd-20240930_def.xml (EX-101.DEF) — 99KB
- nbnd-20240930_lab.xml (EX-101.LAB) — 211KB
- nbnd-20240930_pre.xml (EX-101.PRE) — 166KB
- form10-q_htm.xml (XML) — 368KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION 3 Item 1.
Financial Statements
Financial Statements. 3 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. 4 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk. 9 Item 4.
Controls and Procedures
Controls and Procedures. 9
- OTHER INFORMATION
PART II - OTHER INFORMATION 10 Item 1. Legal Proceedings. 10 Item 1A. Risk Factors. 10 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 10 Item 3. Defaults Upon Senior Securities. 10 Item 4. Mine Safety Disclosure. 10 Item 5. Other Information. 10 Item 6. Exhibits. 10
SIGNATURES
SIGNATURES 11 2 PART I – FINANCIAL INFORMATION ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS. The following unaudited interim condensed consolidated financial statements of NetBrands Corp. (referred to herein as the "Company," "we," "us" or "our") are included in this Quarterly Report on Form 10-Q (the "Quarterly Report"). The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States and the rules of the Securities and Exchange Commission (the "SEC"), and should be read in conjunction with the audited consolidated financial statements and notes thereto contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which we filed with the SEC on April 15, 2024. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the periods presented have been reflected herein. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year. 3 NETBRANDS CORP. Condensed Consolidated Financial Statements for the Three and Nine Months Ended September 30,, 2024 Index to the Unaudited Condensed Consolidated Financial Statements Condensed Consolidated Balance Sheets at September 30, 2024 (Unaudited) and December 31, 2023 F-2 Condensed Consolidated Statements of Operations for the Three and Nine Months Ended September 30, 2024 and 2023 (Unaudited) F-3 Condensed Consolidated Statement of Stockholders' Deficit for the Three and Nine Months Ended September 30, 2024 and 2023 (Unaudited) F-4 Condensed Consolidated Statements of Cash Flows for the Three and Nine Months Ended September 30, 2024 and 2023 (Unaudited) F-5 Notes to the Condensed Consolidated Financial Statements (Unaudited) F-6 F-1 NetBrands Corp. Formerly Known as