MV PORTFOLIOS, INC. Financial Statements (2023 and earlier)
Company Profile
| Business Address |
10752 DEERWOOD PARK BLVD. JACKSONVILLE, FL 32256 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | 1/31/2014 | 1/31/2013 | 1/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10 | 3 | 9 | 1,468 | 209 | 259 | ✕ | ||
| Cash and cash equivalents | 10 | 3 | 9 | 1,468 | 209 | 259 | ✕ | ||
| Receivables | 5 | ✕ | |||||||
| Prepaid expense | 281 | 14 | ✕ | ✕ | |||||
| Deferred costs | 690 | ✕ | |||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 16 | ✕ | ||
| Assets held-for-sale | ✕ | ✕ | ✕ | 4 | ✕ | ||||
| Other current assets | 2 | ✕ | ✕ | ||||||
| Total current assets: | 17 | 3 | 9 | 2,442 | 224 | 275 | ✕ | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 5 | 4 | 6 | ✕ | |||||
| Long-term investments and receivables | 550 | ✕ | |||||||
| Long-term investments | 550 | ✕ | |||||||
| Other undisclosed noncurrent assets | (5) | 109 | 91 | ✕ | |||||
| Total noncurrent assets: | 550 | 113 | 97 | ✕ | |||||
| TOTAL ASSETS: | 567 | 3 | 9 | 2,442 | 337 | 373 | ✕ | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,513 | 1,346 | 1,364 | 640 | 22 | 47 | ✕ | ||
| Employee-related liabilities | 512 | 314 | 139 | ✕ | |||||
| Accounts payable | 898 | 22 | 47 | ✕ | |||||
| Accrued liabilities | 103 | ✕ | |||||||
| Other undisclosed accounts payable and accrued liabilities | 1,032 | 1,226 | 640 | ✕ | |||||
| Debt | 12 | 3,960 | 19 | ✕ | |||||
| Derivative instruments and hedges, liabilities | 12 | 2,365 | 1,150 | 328 | ✕ | ||||
| Due to related parties | 26 | ✕ | |||||||
| Other undisclosed current liabilities | 146 | 158 | ✕ | ||||||
| Total current liabilities: | 1,551 | 1,346 | 1,376 | 6,966 | 1,338 | 534 | ✕ | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 113 | 69 | ✕ | ||||||
| Long-term debt, excluding current maturities | 113 | 69 | ✕ | ||||||
| Total noncurrent liabilities: | 113 | 69 | ✕ | ||||||
| Other undisclosed liabilities | 50 | 11 | ✕ | ||||||
| Total liabilities: | 1,601 | 1,356 | 1,376 | 7,079 | 1,407 | 534 | ✕ | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,034) | (1,354) | (1,368) | (4,637) | (1,070) | (161) | ✕ | ||
| Preferred stock | 8 | 22 | 22 | ✕ | |||||
| Common stock | 73 | 45 | 25 | 173 | 125 | 115 | ✕ | ||
| Additional paid in capital | 26,293 | 24,410 | 20,906 | (239) | 3,095 | 2,535 | ✕ | ||
| Retained earnings (accumulated deficit) | (27,413) | 25,526 | 22,299 | ✕ | |||||
| Other undisclosed equity, attributable to parent | 13 | (51,335) | (44,598) | (4,579) | (4,312) | (2,832) | ✕ | ||
| Equity, attributable to noncontrolling interest | (296) | (13) | ✕ | ||||||
| Other undisclosed equity | 296 | 13 | ✕ | ||||||
| Total equity: | (1,034) | (1,354) | (1,368) | (4,637) | (1,070) | (161) | ✕ | ||
| TOTAL LIABILITIES AND EQUITY: | 567 | 3 | 9 | 2,442 | 337 | 373 | ✕ | ||
Income Statement (P&L) ($ in thousands)
| 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | 1/31/2014 | 1/31/2013 | 1/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | (48) | (234) | ✕ | |||||
| Operating expenses | (1,787) | (3,450) | (15,446) | (2,592) | (618) | (1,302) | ✕ | |
| Other undisclosed operating income | 32 | 48 | 234 | ✕ | ||||
| Operating loss: | (1,787) | (3,450) | (15,446) | (2,560) | (618) | (1,302) | ✕ | |
| Nonoperating income (expense) | (523) | 10 | (2,148) | (862) | 1,592 | ✕ | ||
| Investment income, nonoperating | (397) | 0 | 0 | 1 | ✕ | |||
| Debt instrument, convertible, beneficial conversion feature | 3,960 | ✕ | ||||||
| Other nonoperating expense | (94) | ✕ | ||||||
| Interest and debt expense | (33) | (2) | (4,630) | (933) | (7) | ✕ | ||
| Income (loss) from continuing operations: | (2,343) | (3,442) | (20,076) | (5,640) | (1,487) | 289 | ✕ | |
| Income (loss) before gain (loss) on sale of properties: | (2,343) | (3,442) | (20,080) | (5,856) | (1,487) | 289 | ✕ | |
| Loss from discontinued operations | (4) | (216) | ✕ | |||||
| Other undisclosed net income | 33 | 2 | ✕ | |||||
| Net income (loss): | (2,310) | (3,440) | (20,080) | (5,856) | (1,487) | 289 | ✕ | |
| Net income attributable to noncontrolling interest | 424 | ✕ | ||||||
| Other undisclosed net income attributable to parent | 2,354 | 933 | 7 | ✕ | ||||
| Net income (loss) available to common stockholders, diluted: | (1,887) | (3,440) | (17,726) | (4,923) | (1,480) | 289 | ✕ | |
Comprehensive Income ($ in thousands)
| 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | 1/31/2014 | 1/31/2013 | 1/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,310) | (3,440) | (20,080) | (5,856) | (1,487) | 289 | ✕ | |
| Comprehensive income (loss): | (2,310) | (3,440) | (20,080) | (5,856) | (1,487) | 289 | ✕ | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 424 | ✕ | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,887) | (3,440) | (20,080) | (5,856) | (1,487) | 289 | ✕ | |
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.