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Acquired Sales Corp (AQSP) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2020

Acquired Sales Corp

CIK: 879635 Ticker: AQSP
Document and Entity Information - USD ($)
12 Months Ended
Dec. 31, 2020
Mar. 30, 2021
Jun. 30, 2020
Document and Entity Information:   
Registrant NameACQUIRED SALES CORP.  
Registrant CIK0001391135  
SEC Form10-K  
Period End dateDec. 31, 2020  
Fiscal Year End--12-31  
Tax Identification Number (TIN)87-0479286  
Number of common stock shares outstanding 9,763,236 
Public Float  $ 2,524,936
Filer CategoryNon-accelerated Filer  
Entity a Well-known Seasoned IssuerNo  
Entity a Voluntary FilerNo  
Entity's Reporting Status CurrentYes  
Entity Small Businesstrue  
Emerging Growth Companyfalse  
Entity Shell Companyfalse  
Entity Interactive Data CurrentYes  
Entity File Number000-51230  
Amendment Flagfalse  
Document Fiscal Year Focus2020  
Document Fiscal Period FocusFY  
Entity Incorporation, State Country CodeNV  
Entity Address, Address Line One4227 Habana Ave.  
Entity Address, Address Line TwoJacksonville  
Entity Address, State or ProvinceFL  
Entity Address, Postal Zip Code32217  
City Area Code847  
Local Phone Number915-2446  

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Definitive Proxy Statement (Form DEF 14A)
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Acquired Sales Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2021 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Operations
Consolidated Statements Of Operations (Parenthetical)
Consolidated Statements Of Shareholders' Equity (Deficit)
Note 1 - Basis Of Presentation And Significant Accounting Policies
Note 1 - Basis Of Presentation And Significant Accounting Policies (Details)
Note 1 - Basis Of Presentation And Significant Accounting Policies (Policies)
Note 1 - Basis Of Presentation And Significant Accounting Policies (Tables)
Note 1 - Basis Of Presentation And Significant Accounting Policies: Basic And Diluted Earnings (Loss) Per Common Share: Schedule Of Earnings Per Share, Basic And Diluted (Details)
Note 1 - Basis Of Presentation And Significant Accounting Policies: Intangible Assets And Goodwill (Details)
Note 1 - Basis Of Presentation And Significant Accounting Policies: Inventory (Details)
Note 10 - Shareholders' Equity
Note 10 - Shareholders' Equity (Details)
Note 10 - Shareholders' Equity (Tables)
Note 10 - Shareholders' Equity: Schedule Of Share-Based Compensation, Stock Options And Warrant Activity (Details)
Note 11 - Contingent Contractual Obligations And Commercial Commitments
Note 11 - Contingent Contractual Obligations And Commercial Commitments (Details)
Note 11 - Contingent Contractual Obligations And Commercial Commitments (Tables)
Note 11 - Contingent Contractual Obligations And Commercial Commitments: Lease Cost (Details)
Note 11 - Contingent Contractual Obligations And Commercial Commitments: Operating Lease Assets And Liabilities (Details)
Note 12 - Legal Proceedings
Note 12 - Legal Proceedings (Details)
Note 13 - Income Taxes
Note 13 - Income Taxes (Details)
Note 13 - Income Taxes (Tables)
Note 13 - Income Taxes: Schedule Of Deferred Tax Assets (Details)
Note 13 - Income Taxes: Schedule Of Effective Income Tax Rate Reconciliation (Details)
Note 14 - Subsequent Events
Note 14 - Subsequent Events (Details)
Note 2 - Receipt Of Loans Under The Economic Injury Disaster Loan Program And Paycheck Protection Program (Details Narative)
Note 2 - Receipt Of Loans Under The Economic Injury Disaster Loan Program And The Paycheck Protection Program
Note 3 - Risks And Uncertainties
Note 3 - Risks And Uncertainties (Details)
Note 4 - The Company's Investments
Note 4 - The Company's Investments (Details)
Note 5 - Property And Equipment, Net
Note 5 - Property And Equipment, Net (Details)
Note 5 - Property And Equipment, Net (Tables)
Note 5 - Property And Equipment, Net: Estimated Useful Lives (Details)
Note 5 - Property And Equipment, Net: Property And Equipment (Details)
Note 6 - Notes Receivable
Note 6 - Notes Receivable (Details)
Note 7 - Intangible Assets, Net
Note 7 - Intangible Assets, Net (Details)
Note 7 - Intangible Assets, Net (Tables)
Note 7 - Intangible Assets, Net: Purchase Price Allocation (Details)
Note 8 - Related Party Transaction (Details)
Note 8 - Related Party Transactions
Note 9 - Distributions To Nicholas S. Warrender
Note 9 - Distributions To Nicholas S. Warrender (Details)

Material Contracts, Statements, Certifications & more

Acquired Sales Corp provided additional information to their SEC Filing as exhibits

Ticker: AQSP
CIK: 1391135
Form Type: 10-K Annual Report
Accession Number: 0001096906-21-000646
Submitted to the SEC: Wed Mar 31 2021 4:42:37 PM EST
Accepted by the SEC: Wed Mar 31 2021
Period: Thursday, December 31, 2020
Industry: Prepackaged Software

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