BOREAL WATER COLLECTION INC. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
4496 STATE ROAD 42 NORTH KIAMESHA LAKE, NY 12751 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 514 - Groceries And Related Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 187 | 63 | 146 | |||
| Cash and cash equivalent | 187 | 63 | 146 | |||
| Receivables | 131 | 100 | 91 | |||
| Inventory, net of allowances, customer advances and progress billings | 227 | 147 | 201 | |||
| Inventory | 227 | 147 | 201 | |||
| Prepaid expense | 21 | 30 | ✕ | |||
| Deferred costs | 53 | 116 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 17 | ||
| Other undisclosed current assets | (0) | 0 | 14 | |||
| Total current assets: | 620 | 456 | 468 | |||
| Noncurrent Assets | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2,509 | 2,736 | 3,181 | |||
| Intangible asset, including goodwill, after accumulated amortization | ✕ | 85 | ||||
| Intangible asset, excluding goodwill, after accumulated amortization | 85 | |||||
| Other undisclosed noncurrent assets | 5 | (2,731) | (3,177) | |||
| Total noncurrent assets: | 2,514 | 5 | 90 | |||
| Other undisclosed assets | 2,736 | 3,181 | ||||
| TOTAL ASSETS: | 3,133 | 3,196 | 3,739 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 855 | 483 | 523 | |||
| Other undisclosed accounts payable and accrued liabilities | 855 | 483 | 523 | |||
| Debt | 1,810 | 963 | 8 | |||
| Deferred revenue and credits | 11 | |||||
| Due to related parties | 250 | |||||
| Other undisclosed current liabilities | 548 | 2,582 | ||||
| Total current liabilities: | 2,927 | 1,994 | 3,112 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 4 | 8 | ||||
| Capital lease obligations | 4 | 8 | ||||
| Liabilities, other than long-term debt | 343 | 418 | ||||
| Deferred tax liabilities, net | 343 | 418 | ||||
| Other undisclosed noncurrent liabilities | 2 | 14 | 800 | |||
| Total noncurrent liabilities: | 349 | 440 | 800 | |||
| Total liabilities: | 3,276 | 2,434 | 3,912 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | (143) | 762 | (173) | |||
| Common stock | 370 | 322 | 310 | |||
| Additional paid in capital | 3,082 | 2,913 | 2,840 | |||
| Accumulated deficit | (3,595) | (2,473) | (3,323) | |||
| Other undisclosed equity, attributable to parent | 0 | |||||
| Total equity: | (143) | 762 | (173) | |||
| TOTAL LIABILITIES AND EQUITY: | 3,133 | 3,196 | 3,739 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 2,411 | 2,152 | 2,680 | ||
| Revenue, net | 2,412 | 2,152 | 2,680 | ||
| Cost of revenue (Cost of Product and Service Sold) | (2,166) | (1,979) | (2,142) | ||
| Other undisclosed gross profit | 210 | 168 | 1 | ||
| Gross profit: | 455 | 341 | 538 | ||
| Operating expenses | (1,235) | (1,231) | (1,259) | ||
| Other undisclosed operating loss | (0) | ||||
| Operating loss: | (779) | (890) | (721) | ||
| Nonoperating income (expense) | (180) | 13 | (116) | ||
| Investment income, nonoperating | 3 | 5 | 11 | ||
| Interest and debt expense | (186) | 1,268 | (120) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,145) | 391 | (957) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 186 | (1,268) | 120 | ||
| Loss from continuing operations before income taxes: | (959) | (877) | (837) | ||
| Income tax benefit | 73 | 380 | 82 | ||
| Loss from continuing operations: | (886) | (497) | (755) | ||
| Loss before gain (loss) on sale of properties: | (886) | (497) | (755) | ||
| Extraordinary item, gain | 1,347 | ✕ | |||
| Net income (loss): | (886) | 850 | (755) | ||
| Other undisclosed net loss attributable to parent | (68) | ||||
| Net income (loss) available to common stockholders, diluted: | (886) | 850 | (823) | ||
Comprehensive Income ($ in thousands)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (886) | 850 | (755) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (886) | 850 | (755) | ||
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.