1606 Corp.

1606 Corp. (CBDW) reported no revenue for FY 2025, consistent with FY 2024's minimal $7,195. The company incurred a net loss of $1.3 million, an improvement from the $4.5 million loss in FY 2024, primarily due to reduced operating expenses ($486K vs. $4.1M) as stock-based compensation declined. Gross profit was $0, with total assets at $16K and stockholders' deficit of $3.2M. Cash flow from operations was negative $461K, while financing activities provided $459K. The company's strategic focus shifted from AI chatbots to acquiring power infrastructure assets, including a pending $11.2 million Texas property acquisition, though financing remains uncertain.

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