Company research
Vado Corp.
CIK 1700849Updated Sep 26, 2026
Name history
TradeFan, Inc. · through Jul 12, 2021
Filing activity
Latest filing
50 filings on record · 15-12G, 8-K, NT 10-K, 10-Q, 10-K, 3.
Recent filings
Show 5 more recent filings
Financials
FY 2023 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 4,488,065Source | 48,154Source | 73,287Source | 81,840Source |
| Property, Plant and Equipment, NetUSD | 26,463Source | — | 0Source | 0Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 110,425Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | 73,287Source | 81,840Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,953,497Source | — | — | — |
| Inventory, NetUSD | — | — | 0Source | 0Source |
| Assets, CurrentUSD | 4,351,177Source | 48,154Source | 73,287Source | 81,840Source |
| Operating Lease, Right-of-Use AssetUSD | 0Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 13,636,311Source | 10,354Source | 40,531Source | 12,403Source |
| Commitments and ContingenciesUSD | 0Source | — | — | — |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 223Source | — | 150Source | 100Source |
| Common Stock, Value, IssuedUSD | 182,493Source | 99,986Source | 99,986Source | 33,328Source |
| Additional Paid in CapitalUSD | 5,868,972Source | 300,098Source | 260,118Source | 226,826Source |
| Retained Earnings (Accumulated Deficit)USD | -15,199,934Source | -362,454Source | -327,498Source | -190,817Source |
| Stockholders' Equity Attributable to ParentUSD | -9,148,246Source | 37,800Source | 32,756Source | 69,437Source |
| Liabilities and EquityUSD | 4,488,065Source | 48,154Source | 73,287Source | 81,840Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 11,493,038Source | 10,354Source | 40,531Source | 12,403Source |
| Operating Lease, Liability, CurrentUSD | 0Source | — | — | — |
| Accounts Payable, CurrentUSD | — | 9,860Source | 1,689Source | 12,376Source |
| Operating Lease, Liability, NoncurrentUSD | 0Source | — | — | — |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 2,953,497Source | — | — | — |
| Deferred Revenue, CurrentUSD | 191,766Source | — | — | — |
| Deferred Tax Liabilities, NetUSD | 0Source | — | — | — |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 226,791Source | — | 0Source | 854Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,428,099Source | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,371,863Source | — | — | — |
| Increase (Decrease) in InventoriesUSD | — | — | 0Source | -148Source |
| Increase (Decrease) in Accounts PayableUSD | 1,237,189Source | 8,171Source | -10,687Source | 12,376Source |
| Deferred Income Tax Expense (Benefit)USD | -2,674,600Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,854,218Source | -65,133Source | -108,553Source | -126,014Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,044,688Source | — | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 12,283Source | — | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 4,547,035Source | 40,000Source | 100,000Source | 207,620Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | 0Source | 1,955Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | -25,133Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 133,182Source | 48,154Source | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,328,119Source | — | — | — |
| Amortization of Intangible AssetsUSD | 207,994Source | — | — | — |
| Capitalized Computer Software, AmortizationUSD | 207,994Source | — | — | — |
| DepreciationUSD | 18,796Source | — | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | -894,274Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | 38,625Source | — | — |
| General and Administrative ExpenseUSD | — | 73,581Source | 135,556Source | 139,360Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 8,521,640Source | — | — | — |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Investment Income, InterestUSD | 28,470Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -8,521,640Source | -34,956Source | -136,681Source | -149,148Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -34,956Source | -236,681Source | -349,148Source |
| Nonoperating Income (Expense)USD | -2,301,339Source | 38,625Source | -1,125Source | -9,788Source |
| Operating ExpensesUSD | 10,960,682Source | 73,581Source | 135,556Source | 139,360Source |
| Operating Lease, ExpenseUSD | 599,443Source | — | — | — |
| Payments to Acquire InvestmentsUSD | 1,000,786Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | 500,000Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | 5,071Source | — | — | — |
| Unrealized Gain (Loss) on InvestmentsUSD | -365Source | — | — | — |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 16,033,823Source | 0Source | 0Source | 0Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 10,066,408Source | — | — | — |
| Operating Income (Loss)USD | -6,220,301Source | -73,581Source | -135,556Source | -149,148Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -8,521,640Source | -34,956Source | -136,681Source | -149,148Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -8,521,640Source | -34,956Source | -136,681Source | -149,148Source |
| Earnings Per Share, BasicUSD per share | -0.05Source | — | — | — |
| Earnings Per Share, DilutedUSD per share | -0.05Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 181,525,523Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 181,525,523Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 207,994Source | — | — | — |
| Capitalized Computer Software, AmortizationUSD | 207,994Source | — | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | -894,274Source | — | — | — |
| General and Administrative ExpenseUSD | — | 73,581Source | 135,556Source | 139,360Source |
| Gross ProfitUSD | 4,740,381Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 8,521,640Source | — | — | — |
| Interest ExpenseUSD | — | 0Source | 1,125Source | 59Source |
| Interest Income (Expense), NetUSD | -2,329,809Source | — | — | — |
| Investment Income, InterestUSD | 28,470Source | — | — | — |
| Marketing and Advertising ExpenseUSD | 164,307Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -34,956Source | -236,681Source | -349,148Source |
| Nonoperating Income (Expense)USD | -2,301,339Source | 38,625Source | -1,125Source | -9,788Source |
| Operating ExpensesUSD | 10,960,682Source | 73,581Source | 135,556Source | 139,360Source |
| Operating Lease, ExpenseUSD | 599,443Source | — | — | — |