OTC · Technology

1606 Corp. (CBDW)

It posted a net loss of $2.1M. At June 30, 2026 it held $288 in cash against $2.6M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 14, 2026.

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Price

$0.00

-15.00% on the day · October 21, 2026

52-week range $0.00 to $0.00

Market cap

$268.4K

Key facts about 1606 Corp.

Net worth: 1606 Corp. has a market value (market cap) of $268.4K at the latest share price, and shareholders' equity of -$3.9M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit: In fiscal 2025 revenue was $0 (-100.0% year on year), with a net loss of $1.3M.
Cash flow: In fiscal 2025 operations used $460.8K of cash.
Latest report: The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 14, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report: 1606 Corp.'s next report is expected around November 11, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

What 1606 Corp. does

1606 Corp. is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on OTC under the ticker CBDW.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$0	-$485.7K	-$1.3M	-$0.01	n/a
2024	$7.2K	-$4.1M	-$4.5M	-$0.06	n/a
2023	$1.6K	-$1.6M	-$1.6M	-$0.03	n/a
2022	$13.9K	-$540K	-$540K	n/a	n/a
2021	$34.1K	n/a	-$316K	-$0.01	n/a
2021	$67.9K	n/a	-$227.7K	$0.00	n/a

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around November 11, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 12, 2025. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Latest SEC filings

What 1606 Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.

October 6, 2026
Investor disclosure 8-K
October 2, 2026
Material agreement8-K1606 Corp. and Sim Agro terminated their stock exchange agreement and abandoned the planned acquisition.
September 16, 2026
Investor disclosure 8-K
September 8, 2026
Investor disclosure 8-K
August 25, 2026
Investor disclosure 8-K
August 14, 2026
Quarterly report 10-Q · period to June 30, 2026Diluted EPS $0.00 versus $0.00.
August 11, 2026
Investor disclosure 8-K
July 24, 2026
Executive or director change 8-K
June 3, 2026
Investor disclosure 8-K
June 2, 2026
Material agreement 8-K

Recent insider filings (Forms 3, 4 and 144): 8, the latest on April 23, 2026. Insider transactions on SEC

Insider trades

What the people running 1606 Corp. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)

last 90 days

Sold

last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns CBDW

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Greg Paul Lambrecht13G, passive	8.6%	76,000,000	April 23, 2026

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about CBDW

What does 1606 Corp. do?

1606 Corp. is a company in the Technology sector, listed on OTC as CBDW. Its shares trade on OTC under the ticker CBDW.

What is 1606 Corp.'s net worth?

1606 Corp. has a market value (market cap) of $268.4K at the latest share price, and shareholders' equity of -$3.9M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is 1606 Corp. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $2.1M.

When did 1606 Corp. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 14, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the investor disclosure from October 6, 2026.

When is 1606 Corp.'s next earnings report?

1606 Corp.'s next report is expected around November 11, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values 1606 Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.