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Acquired Sales Corp (AQSP) SEC Filing 10-Q Quarterly Report for the period ending Wednesday, March 31, 2021

Acquired Sales Corp

CIK: 1391135 Ticker: AQSP
Document and Entity Information - shares
3 Months Ended
Mar. 31, 2021
Apr. 30, 2021
Document and Entity Information:  
Registrant NameACQUIRED SALES CORP. 
Registrant CIK0001391135 
SEC Form10-Q 
Period End dateMar. 31, 2021 
Fiscal Year End--12-31 
Tax Identification Number (TIN)87-0479286 
Number of common stock shares outstanding 9,770,257
Filer CategoryNon-accelerated Filer 
Entity's Reporting Status CurrentYes 
Entity Small Businesstrue 
Emerging Growth Companyfalse 
Entity Shell Companyfalse 
Entity Interactive Data CurrentYes 
Entity File Number000-52102 
Amendment Flagfalse 
Document Fiscal Year Focus2021 
Document Fiscal Period FocusQ1 
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 

View differences made from one quarter to another to evaluate Acquired Sales Corp's financial trajectory

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Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Acquired Sales Corp.

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Assess how Acquired Sales Corp's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

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-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets (Unaudited)
Consolidated Balance Sheets (Unaudited) (Parenthetical)
Consolidated Statements Of Cash Flows (Unaudited)
Consolidated Statements Of Operations (Unaudited)
Consolidated Statements Of Operations (Unaudited) (Parenthetical)
Consolidated Statements Of Shareholders' Equity (Deficit) (Unaudited)
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 - Distributions To Nicholas S. Warrender
Note 10 - Distributions To Nicholas S. Warrender (Details)
Note 11 - Shareholders' Equity
Note 11 - Shareholders' Equity (Details)
Note 11 - Shareholders' Equity (Tables)
Note 11 - Shareholders' Equity: Schedule Of Share-Based Compensation, Stock Options And Warrant Activity (Details)
Note 12 - Contingent Contractual Obligations And Commercial Commitments
Note 12 - Contingent Contractual Obligations And Commercial Commitments (Details)
Note 12 - Contingent Contractual Obligations And Commercial Commitments (Tables)
Note 12 - Contingent Contractual Obligations And Commercial Commitments: Future Maturities (Details)
Note 12 - Contingent Contractual Obligations And Commercial Commitments: Lease Cost (Details)
Note 12 - Contingent Contractual Obligations And Commercial Commitments: Operating Lease Assets And Liabilities (Details)
Note 13 - Legal Proceedings
Note 13 - Legal Proceedings (Details)
Note 14 - Company-Wide Management Bonus Pool
Note 15 - Subsequent Events
Note 15 - Subsequent Events (Details)
Note 2 - Selected Quarterly Financial Information
Note 2 - Selected Quarterly Financial Information (Details)
Note 2 - Selected Quarterly Financial Information (Tables)
Note 3 - Receipt Of Loans Under The Economic Injury Disaster Loan Program And Paycheck Protection Program (Details)
Note 3 - Receipt Of Loans Under The Economic Injury Disaster Loan Program And The Paycheck Protection Program
Note 4 - Risks And Uncertainties
Note 4 - Risks And Uncertainties (Details)
Note 5 - The Company's Investments
Note 5 - The Company's Investments (Details)
Note 6 - Property And Equipment, Net
Note 6 - Property And Equipment, Net (Details)
Note 6 - Property And Equipment, Net (Tables)
Note 6 - Property And Equipment, Net: Estimated Useful Lives (Details)
Note 6 - Property And Equipment, Net: Property And Equipment (Details)
Note 7 - Notes Receivable
Note 7 - Notes Receivable (Details)
Note 8 - Intangible Assets, Net
Note 8 - Intangible Assets, Net (Details)
Note 8 - Intangible Assets, Net (Tables)
Note 8 - Intangible Assets, Net: Purchase Price Allocation (Details)
Note 9 - Related Party Transaction (Details)
Note 9 - Related Party Transactions

Material Contracts, Statements, Certifications & more

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

Ticker: AQSP
CIK: 1391135
Form Type: 10-Q Quarterly Report
Accession Number: 0001096906-21-001174
Submitted to the SEC: Mon May 17 2021 1:24:31 PM EST
Accepted by the SEC: Mon May 17 2021
Period: Wednesday, March 31, 2021
Industry: Prepackaged Software

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