TGS INTERNATIONAL LTD. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
UNIT N1, 3/F, W LUXE NEW TERRITORIES, 00000 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 2/28/2018 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 69 | 107 | 98 | 8 | |||
| Cash and cash equivalent | 69 | 107 | 98 | 8 | |||
| Receivables | 787 | 59 | |||||
| Prepaid expense | 205 | 198 | 142 | 2 | |||
| Other undisclosed current assets | 533 | 460 | 69 | ||||
| Total current assets: | 1,595 | 824 | 309 | 11 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 189 | ✕ | ✕ | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2,308 | 2,406 | 1,558 | 8 | |||
| Long-term investments and receivables | 873 | ||||||
| Due from related parties | 873 | ||||||
| Intangible asset, including goodwill, after accumulated amortization | 1,097 | 1,097 | 1,097 | ||||
| Intangible asset, excluding goodwill, after accumulated amortization | 1,097 | 1,097 | 1,097 | ||||
| Other undisclosed noncurrent assets | 50 | (873) | |||||
| Total noncurrent assets: | 3,455 | 3,693 | 2,655 | 8 | |||
| TOTAL ASSETS: | 5,050 | 4,517 | 2,964 | 19 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 604 | 239 | 539 | 25 | |||
| Interest and dividends payable | 1 | ||||||
| Taxes payable | 23 | ||||||
| Accounts payable | 458 | 10 | 237 | 25 | |||
| Accrued liabilities | 123 | 228 | 301 | ||||
| Debt | 191 | 567 | |||||
| Due to related parties | 387 | 385 | 766 | 55 | |||
| Other undisclosed current liabilities | 1,675 | 1,188 | 74 | ||||
| Total current liabilities: | 2,857 | 2,379 | 1,378 | 80 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 33 | 430 | |||||
| Asset retirement obligations | 33 | 31 | |||||
| Due to related parties | 398 | ||||||
| Other undisclosed noncurrent liabilities | 1,630 | 1,149 | 102 | ||||
| Total noncurrent liabilities: | 1,630 | 1,183 | 532 | ||||
| Total liabilities: | 4,486 | 3,562 | 1,910 | 80 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 563 | 955 | 1,053 | (61) | |||
| Common stock | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 11,483 | 10,825 | 8,937 | 33 | |||
| Accumulated other comprehensive income (loss) | 30 | (9,733) | (268) | (0) | |||
| Accumulated deficit | (10,952) | (7,617) | (95) | ||||
| Other undisclosed equity, attributable to parent | (138) | ||||||
| Total equity: | 563 | 955 | 1,053 | (61) | |||
| TOTAL LIABILITIES AND EQUITY: | 5,050 | 4,517 | 2,964 | 19 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 2/28/2018 | ||
|---|---|---|---|---|---|---|
| Revenues | 754 | 283 | 668 | 34 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 34 | |
| Cost of revenue (Cost of Product and Service Sold) | (517) | (22) | ||||
| Gross profit: | 754 | 283 | 151 | 12 | ||
| Operating expenses | (103) | 1,439 | (1,343) | (93) | ||
| Other undisclosed operating loss | (1,754) | (3,957) | ||||
| Operating loss: | (1,103) | (2,234) | (1,192) | (81) | ||
| Nonoperating income | 32 | 196 | 34 | |||
| Gain, foreign currency transaction, before tax | 130 | 30 | ||||
| Other nonoperating income | 32 | |||||
| Interest and debt expense | (124) | 77 | (84) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (154) | |||||
| Loss from continuing operations before income taxes: | (1,195) | (2,116) | (1,241) | (81) | ||
| Income tax expense | (23) | |||||
| Loss from continuing operations: | (1,218) | (2,116) | (1,241) | (81) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (1,218) | (2,116) | (1,241) | (81) | |
| Net loss available to common stockholders, diluted: | (1,218) | (2,116) | (1,241) | (81) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 2/28/2018 | ||
|---|---|---|---|---|---|---|
| Net loss: | (1,218) | (2,116) | (1,241) | (81) | ||
| Other comprehensive loss | (39) | |||||
| Comprehensive loss: | (1,218) | (2,116) | (1,281) | (81) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 168 | 130 | (0) | |||
| Comprehensive loss, net of tax, attributable to parent: | (1,050) | (1,986) | (1,281) | (81) | ||
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.