FORCE PROTECTION VIDEO EQUIPMENT CORP. Financial Statements (2026 and earlier)

Company Profile

Business Address 2629 TOWNSGATE RD
WESTLAKE VILLAGE, CA 91361
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 599 - Retail Stores, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

9/30/2021
MRQ
12/31/2020
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1306189227
Cash and cash equivalent 1306189227
Receivables 1,19927   
Inventory, net of allowances, customer advances and progress billings    11810470
Inventory    11810470
Prepaid expense 6     
Advances on inventory purchases      35
Other current assets 1     
Other undisclosed current assets    183028
Total current assets: 1,20757142323360
Noncurrent Assets
Operating lease, right-of-use asset   29✕✕✕
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 1 617197
Intangible asset, including goodwill, after accumulated amortization 6,362     
Goodwill 5,445     
Intangible asset, excluding goodwill, after accumulated amortization 917     
Other noncurrent assets    25  
Other undisclosed noncurrent assets   22222
Total noncurrent assets: 6,363 3763219
TOTAL ASSETS: 7,570544206344369
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 8532372631006930
Employee-related liabilities 6     
Accounts payable 731     
Accrued liabilities 116 147   
Other undisclosed accounts payable and accrued liabilities  2371161006930
Deferred revenue   1✕✕✕
Debt  571845914191
Other liabilities 452     
Due to related parties  1215   
Other undisclosed current liabilities  43445723  
Total current liabilities: 1,305740755582210121
Noncurrent Liabilities
Long-term debt and lease obligation:   12   
Liabilities, other than long-term debt   0   
Accounts payable and accrued liabilities   0   
Operating lease, liability   12✕✕✕
Other undisclosed noncurrent liabilities 5  3011
Total noncurrent liabilities: 5 123011
Total liabilities: 1,310740766612211122
Equity
Equity, attributable to parent, including: 6,260(741)(727)(411)133247
Preferred stock  5  00
Common stock 184841904
Additional paid in capital 42,8303,7813,7623,5993,1251,718
Accumulated deficit (36,571)(4,606)(4,573)(4,029)(2,992)(1,475)
Other undisclosed equity, attributable to parent  (5)    
Other undisclosed equity  555 568
Total equity: 6,260(736)(722)(406)133815
Other undisclosed liabilities and equity      (568)
TOTAL LIABILITIES AND EQUITY: 7,570544206344369

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2021
TTM
12/31/2020
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
Revenues 2,168631641608668
Cost of revenue (800)(28)(184)(73)(106)(40)
Cost of product and service sold   (184)(73)(106)(40)
Gross profit: 1,36835(21)86(20)28
Operating expenses (9,949)(46)(222)(580)(751)(570)
Other operating income, net
(Other Expenses)		    543  
Other undisclosed operating income    4441,5421,082
Operating income (loss): (8,581)(11)(243)494771541
Nonoperating expense (6,920) (301)   
Interest and debt expense  (16)(104)432927
Income (loss) from continuing operations before equity method investments, income taxes: (15,501)(27)(648)537800568
Other undisclosed income from continuing operations before income taxes   104   
Income (loss) from continuing operations before income taxes: (15,501)(27)(544)537800568
Income tax expense (5)     
Income (loss) from continuing operations: (15,506)(27)(544)537800568
Income (loss) before gain (loss) on sale of properties:✕(15,506)(27)(544)537800568
Other undisclosed net income (loss)     326(1,262)
Net income (loss): (15,506)(27)(544)5371,126(694)
Other undisclosed net loss attributable to parent  (6) (1,574)(2,643)(568)
Net loss available to common stockholders, diluted: (15,506)(32)(544)(1,037)(1,517)(1,262)

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2021
TTM
12/31/2020
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
Net income (loss): (15,506)(27)(544)5371,126(694)
Comprehensive income (loss), net of tax, attributable to parent: (15,506)(27)(544)5371,126(694)

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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