VAPORIN, INC. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4400 BISCAYNE BOULEVARD MIAMI, FL 33137 |
| State of Incorp. | DE |
| 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)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,030 | 225 | 8 | 97 | 23 | 140 | |||
| Cash and cash equivalent | 1,030 | 225 | 8 | 97 | 23 | 140 | |||
| Receivables | 284 | 91 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 1,337 | 658 | ✕ | ✕ | ✕ | ✕ | |||
| Inventory | 1,337 | 658 | |||||||
| Prepaid expense | 22 | 461 | |||||||
| Disposal group, including discontinued operation | 22 | ||||||||
| Other current assets | 30 | ||||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 844 | ||
| Other undisclosed current assets | 15 | 52 | 252 | ||||||
| Total current assets: | 2,651 | 989 | 60 | 393 | 513 | 985 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 8 | 8 | 2 | 2 | 2 | ||||
| Intangible assets, net (including goodwill) | 7 | 10 | ✕ | ✕ | ✕ | ✕ | |||
| Goodwill | |||||||||
| Intangible assets, net (excluding goodwill) | 7 | 10 | |||||||
| Assets of disposal group, including discontinued operation | ✕ | ✕ | ✕ | 19 | 40 | ||||
| Other undisclosed noncurrent assets | 118 | ||||||||
| Total noncurrent assets: | 14 | 18 | 21 | 42 | 120 | ||||
| TOTAL ASSETS: | 2,665 | 1,007 | 60 | 414 | 556 | 1,105 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 329 | 95 | 104 | 90 | 738 | 651 | |||
| Other undisclosed accounts payable and accrued liabilities | 329 | 95 | 104 | 90 | 738 | 651 | |||
| Debt | 50 | 34 | |||||||
| Deferred compensation liability | 5 | 5 | 5 | 5 | |||||
| Derivative instruments and hedges, liabilities | 223 | 391 | 120 | 310 | |||||
| Due to related parties | |||||||||
| Total current liabilities: | 551 | 536 | 229 | 439 | 743 | 656 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 175 | 137 | 91 | (5) | (5) | (5) | |||
| Total liabilities: | 727 | 673 | 320 | 434 | 738 | 651 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,938 | 334 | (260) | (20) | (182) | 454 | |||
| Preferred stock | 1 | 1 | 1 | ||||||
| Common stock | 17 | 14 | 9 | 8 | 7 | 8 | |||
| Additional paid in capital | 4,805 | 1,764 | 12,347 | 12,118 | 11,641 | 11,293 | |||
| Accumulated deficit | (2,885) | (1,445) | |||||||
| Other undisclosed equity, attributable to parent | 1 | 1 | (12,616) | (12,147) | (11,831) | (10,846) | |||
| Total equity: | 1,938 | 334 | (260) | (20) | (182) | 454 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,665 | 1,007 | 60 | 414 | 556 | 1,105 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 419 | 183 | ||||||
| Cost of revenue | (238) | (115) | ||||||
| Gross profit: | 181 | 67 | ||||||
| Operating expenses | (1,662) | (824) | (538) | (641) | (903) | (1,413) | ||
| Other operating income (expense), net (Other Expenses) | (41) | 381 | 834 | (356) | ||||
| Other undisclosed operating income (loss) | 41 | (381) | (834) | 356 | ||||
| Operating loss: | (1,481) | (757) | (538) | (641) | (903) | (1,413) | ||
| Nonoperating expense (Investment Income, Nonoperating) | (2) | (0) | ||||||
| Interest and debt expense | (94) | (79) | 68 | 34 | ||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 135 | (302) | 55 | 323 | ||||
| Loss from continuing operations: | (1,440) | (1,138) | (416) | (285) | (903) | (1,413) | ||
| Loss before gain (loss) on sale of properties: | (1,440) | (1,138) | (470) | (316) | (984) | (1,413) | ||
| Loss from discontinued operations | (54) | (31) | (81) | |||||
| Net loss available to common stockholders, diluted: | (1,440) | (1,138) | (470) | (316) | (984) | (1,413) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,440) | (1,138) | (470) | (316) | (984) | (1,413) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,440) | (1,138) | (470) | (316) | (984) | (1,413) | ||
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.