Full text of VELOCITYHEALTH SECURITIES, INC.'s X-17A-5 filed 2021-02-16 (period 2020-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **VELOCITYHEALTH SECURITIES, INC. STATEMENT OF FINANCIAL CONDITION** December 31, 2020 ## ASSETS | Cash | \lt;br>160,712 | |-----------------------------------------------------------------------|---------------| | Accounts receivable | 25,000 | | Due from related party | 10 | | Right-of-Use Asset | 76,922 | | Property and equipment, net of<br>accumulated depreciation of \$9,877 | - | | Total Assets | \lt;br>262,644 | ## LIABILITIES AND STOCKHOLDER'S EQUITY #### LIABILITIES | Accounts payable | \lt;br>7,150 | |------------------------------------|-------------| | Payroll Protection Protection loan | 20,833 | | Lease liability | 76,922 | | Due to parent | 2,016 | | Total liabilities | 106,921 | #### STOCKHOLDER'S EQUITY | Common stock, \$.01 par value; 10,000,000 shares | | |--------------------------------------------------|---------------| | authorized; 1,000 shares issued and outstanding | 10 | | Additional paid-in capital | 105,433 | | Retained earnings | 50,280 | | Total Stockholder's Equity | 155,723 | | Total Liabilities and Stockholder's Equity | \lt;br>262,644 |Read the full text as markdown