GSP-2, INC. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
650 SWEET BAY AVENUE PLANTATION, FL 33324 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 515 - Farm-product Raw Materials (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 13,246 | 21,153 | ||||
| Cash and cash equivalent | 13,246 | 21,153 | ||||
| Receivables | 17,253 | 24,656 | ||||
| Inventory, net of allowances, customer advances and progress billings | 23,394 | 24,788 | ✕ | |||
| Inventory | 23,394 | 24,788 | ||||
| Prepaid expense | 2,729 | ✕ | ||||
| Deferred costs | 13,462 | 32 | ||||
| Advances on inventory purchases | 4,656 | 4,794 | ||||
| Deposits current assets | 581 | 318 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | 36 | |||
| Other undisclosed current assets | 13 | 2,952 | ||||
| Total current assets: | 75,334 | 78,730 | ||||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 19,095 | 19,072 | ||||
| Long-term investments and receivables | 776 | 159 | ||||
| Long-term investments | 776 | 159 | ||||
| Intangible assets, net (including goodwill) | 14,084 | 13,974 | ✕ | |||
| Intangible assets, net (excluding goodwill) | 14,084 | 13,974 | ||||
| Other undisclosed noncurrent assets | (19,095) | (19,072) | ||||
| Total noncurrent assets: | 14,860 | 14,134 | ||||
| Other undisclosed assets | 19,095 | 19,072 | ||||
| TOTAL ASSETS: | 109,289 | 111,936 | ||||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 2,749 | 1,828 | ||||
| Interest and dividends payable | 230 | 193 | ||||
| Taxes payable | 712 | 702 | ||||
| Accounts payable | 297 | 266 | ||||
| Accounts payable and other accrued liabilities | 1,509 | 669 | ||||
| Debt | 13,574 | 19,661 | ||||
| Due to related parties | 5,004 | 4,995 | ||||
| Other undisclosed current liabilities | 2,381 | 735 | ||||
| Total current liabilities: | 23,708 | 27,218 | ||||
| Noncurrent Liabilities | ||||||
| Total liabilities: | 23,708 | 27,218 | ||||
| Equity | ||||||
| Equity, attributable to parent, including: | 85,581 | 84,718 | ||||
| Preferred stock | 1 | 1 | ||||
| Common stock | 14 | 14 | ||||
| Additional paid in capital | 17,343 | 17,343 | ||||
| Accumulated other comprehensive income | 5,111 | 3,827 | ||||
| Retained earnings | 60,531 | 60,952 | ||||
| Other undisclosed equity, attributable to parent | 2,581 | 2,581 | ||||
| Total equity: | 85,581 | 84,718 | ||||
| TOTAL LIABILITIES AND EQUITY: | 109,289 | 111,936 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
|---|---|---|---|---|---|
| Revenues | 4,942 | 1,241 | |||
| Cost of revenue | (4,223) | (661) | |||
| Gross profit: | 719 | 580 | |||
| Operating expenses | (686) | (721) | |||
| Operating income (loss): | 33 | (140) | |||
| Nonoperating expense | (416) | (290) | |||
| Interest and debt expense | (429) | (304) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 429 | 304 | |||
| Loss from continuing operations: | (383) | (430) | |||
| Loss before gain (loss) on sale of properties: | (383) | (430) | |||
| Net loss attributable to parent: | (383) | (430) | |||
| Preferred stock dividends and other adjustments | (38) | (38) | |||
| Net loss available to common stockholders, diluted: | (421) | (468) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
|---|---|---|---|---|---|
| Net loss: | (383) | (430) | |||
| Comprehensive loss: | (383) | (430) | |||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1,405 | 442 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,022 | 12 | |||
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.