SUNBURST ACQUISITIONS V INC Financial Statements (2025 and earlier)
Company Profile
| Business Address |
WORLD-WIDE HOUSE, 19 DES VOEUX ROAD CENTRAL, 00000 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 151 | |||
| Cash and cash equivalent | 151 | |||
| Receivables | 13,383 | |||
| Inventory, net of allowances, customer advances and progress billings | 272 | |||
| Inventory | 272 | |||
| Disposal group, including discontinued operation | ||||
| Other undisclosed current assets | 6,656 | |||
| Total current assets: | 20,463 | |||
| Noncurrent Assets | ||||
| Property, plant and equipment | 1 | |||
| Total noncurrent assets: | 1 | |||
| TOTAL ASSETS: | 20,464 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 1,183 | |||
| Taxes payable | 821 | |||
| Accounts payable | 362 | |||
| Debt | 3,533 | |||
| Disposal group, including discontinued operation | ||||
| Due to related parties | 458 | |||
| Other undisclosed current liabilities | 4,663 | |||
| Total current liabilities: | 9,837 | |||
| Noncurrent Liabilities | ||||
| Total liabilities: | 9,837 | |||
| Equity | ||||
| Equity, attributable to parent | 10,627 | |||
| Common stock | 12,307 | |||
| Additional paid in capital | 206 | |||
| Accumulated other comprehensive income | 94 | |||
| Accumulated deficit | (1,981) | |||
| Total equity: | 10,627 | |||
| TOTAL LIABILITIES AND EQUITY: | 20,464 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|
| Revenues | 88 | ||
| Cost of revenue (Cost of Product and Service Sold) | (36) | ||
| Gross profit: | 52 | ||
| Operating expenses | (523) | ||
| Operating loss: | (471) | ||
| Nonoperating expense | (273) | ||
| Investment income, nonoperating | (280) | ||
| Interest and debt expense | (276) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 276 | ||
| Loss from continuing operations before income taxes: | (745) | ||
| Income tax expense | (1) | ||
| Loss from continuing operations: | (746) | ||
| Loss before gain (loss) on sale of properties: | (746) | ||
| Loss from discontinued operations | |||
| Net loss attributable to parent: | (746) | ||
| Other undisclosed net income available to common stockholders, basic | 1 | ||
| Net loss available to common stockholders, diluted: | (745) | ||
Comprehensive Income ($ in thousands)
| 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|
| Net loss: | (746) | ||
| Comprehensive loss: | (746) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 572 | ||
| Comprehensive loss, net of tax, attributable to parent: | (174) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.