ADVANCED CONTAINER TECHNOLOGIES, INC. Financial Statements (2025 and earlier)

Company Profile

Business Address 1620 COMMERCE STREET
CORONA, CA 92878
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 308 - Miscellaneous Plastics Products (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2022
MRQ
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 5933318172324
Cash and cash equivalents 5933318172324
Receivables 230130109688867
Inventory, net of allowances, customer advances and progress billings 43810685173212110
Inventory 43810685173212110
Prepaid expense 1819   
Other undisclosed current assets 280490   171
Total current assets: 1,0251,060221258322372
Noncurrent Assets
Property, plant and equipment 485335627675
Intangible assets, net (including goodwill) 2,9433,2042,4262,507  
Goodwill 1,0201,0201,0201,020  
Intangible assets, net (excluding goodwill) 1,9232,1841,4061,486  
Other undisclosed noncurrent assets 998877
Total noncurrent assets: 3,0003,2662,4692,5778483
TOTAL ASSETS: 4,0254,3262,6902,835406455
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 458323235476458344
Accounts payable 458323235152243214
Accrued liabilities    325215131
Debt  2168181141540
Other undisclosed current liabilities 1,6401,7311,4037695231,162
Total current liabilities: 2,0992,2691,7191,3271,1222,046
Noncurrent Liabilities
Other undisclosed noncurrent liabilities  171    
Total noncurrent liabilities:  171    
Total liabilities: 2,0992,4401,7191,3271,1222,046
Equity
Equity, attributable to parent, including: 1,9261,8869711,508(716)(1,591)
Preferred stock 00    
Common stock 11115252
Additional paid in capital 8,2857,4005,9065,0351,484253
Accumulated deficit (6,359)(5,514)(4,935)(3,527)(2,253)(1,896)
Other undisclosed equity, attributable to parent    (0)  
Total equity: 1,9261,8869711,508(716)(1,591)
Other undisclosed liabilities and equity    0  
TOTAL LIABILITIES AND EQUITY: 4,0254,3262,6902,835406455

Income Statement (P&L) ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 5,3492,2282,1482232,2101,976
Cost of revenue
(Cost of Goods and Services Sold)
 (4,243)(1,206)(1,021)(1,005)(770)(479)
Other undisclosed gross profit    2,007  
Gross profit: 1,1061,0221,1281,2251,4411,497
Operating expenses (2,061)(1,571)(2,498)(2,346)(1,629)(1,568)
Other operating income (expense), net
(Other Expenses)
   38(153)(169)(250)
Operating loss: (955)(549)(1,331)(1,274)(357)(321)
Nonoperating income
(Investment Income, Nonoperating)
 110     
Interest and debt expense (0) 38(5)(243)17
Loss from continuing operations: (845)(549)(1,293)(1,279)(600)(304)
Loss before gain (loss) on sale of properties:(845)(549)(1,293)(1,279)(600)(304)
Other undisclosed net income 0     
Net loss: (845)(549)(1,293)(1,279)(600)(304)
Other undisclosed net income (loss) attributable to parent  (30)(115)5243(17)
Net loss available to common stockholders, diluted: (845)(579)(1,408)(1,274)(357)(321)

Comprehensive Income ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss: (845)(549)(1,293)(1,279)(600)(304)
Comprehensive loss, net of tax, attributable to parent: (845)(549)(1,293)(1,279)(600)(304)

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.

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