AMERICAN PATRIOT BRANDS, INC. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
4570 CAMPUS DRIVE NEWPORT BEACH, CA 92660 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5812 - Eating Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 348 | 42 | 78 | |||
| Cash and cash equivalent | 348 | 42 | 78 | |||
| Receivables | 63 | 242 | 3 | |||
| Assets held-for-sale | ✕ | ✕ | 77 | |||
| Other undisclosed current assets | 14 | 276 | 31 | |||
| Total current assets: | 425 | 638 | 112 | |||
| Noncurrent Assets | ||||||
| Nontrade receivables | 24 | ✕ | ✕ | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 241 | 405 | 41 | |||
| Deferred costs | 0 | 236 | 145 | |||
| Other noncurrent assets | 88 | 79 | 12 | |||
| Assets held-for-sale, long lived | ✕ | ✕ | 483 | |||
| Other undisclosed noncurrent assets | (24) | (483) | ||||
| Total noncurrent assets: | 329 | 720 | 198 | |||
| TOTAL ASSETS: | 753 | 1,358 | 310 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 953 | 963 | 309 | |||
| Interest and dividends payable | 57 | |||||
| Employee-related liabilities | 763 | 134 | 10 | |||
| Other undisclosed accounts payable and accrued liabilities | 133 | 829 | 299 | |||
| Debt | 53 | 13 | ||||
| Deferred revenue and credits | 250 | |||||
| Due to related parties | 246 | 3 | ||||
| Other undisclosed current liabilities | 1,199 | 1,563 | 626 | |||
| Total current liabilities: | 2,398 | 2,830 | 951 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 523 | 3,404 | 1,576 | |||
| Long-term debt, excluding current maturities | 523 | 3,404 | 1,576 | |||
| Liabilities, other than long-term debt | 450 | |||||
| Deferred revenue and credits | 450 | |||||
| Other undisclosed noncurrent liabilities | (450) | |||||
| Total noncurrent liabilities: | 523 | 3,404 | 1,576 | |||
| Total liabilities: | 2,921 | 6,234 | 2,526 | |||
| Equity | ||||||
| Equity, attributable to parent | (2,168) | (4,876) | (2,216) | |||
| Common stock | 20 | 12 | 8 | |||
| Additional paid in capital | 13,441 | 3,029 | 79 | |||
| Accumulated deficit | (15,629) | (7,917) | (2,304) | |||
| Total equity: | (2,168) | (4,876) | (2,216) | |||
| TOTAL LIABILITIES AND EQUITY: | 753 | 1,358 | 310 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 3,650 | 2,029 | 1,308 | ||
| Revenue, net | 3,650 | 2,029 | 961 | ||
| Cost of revenue | (3,368) | (2,133) | (1,012) | ||
| Cost of product and service sold | (900) | (660) | (358) | ||
| Gross profit: | 282 | (104) | 296 | ||
| Operating expenses | (7,716) | (4,771) | (1,270) | ||
| Operating loss: | (7,435) | (4,875) | (974) | ||
| Nonoperating income (expense) | 120 | 93 | 79 | ||
| Debt instrument, convertible, beneficial conversion feature | 109 | 90 | 79 | ||
| Interest and debt expense | (268) | (321) | (48) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (130) | (509) | (251) | ||
| Loss from continuing operations before income taxes: | (7,712) | (5,613) | (1,193) | ||
| Income tax benefit | 0 | ||||
| Loss from continuing operations: | (7,712) | (5,613) | (1,192) | ||
| Loss before gain (loss) on sale of properties: | (7,712) | (5,613) | (1,192) | ||
| Net loss available to common stockholders, diluted: | (7,712) | (5,613) | (1,192) | ||
Comprehensive Income ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (7,712) | (5,613) | (1,192) | ||
| Comprehensive loss, net of tax, attributable to parent: | (7,712) | (5,613) | (1,192) | ||
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.