AeroCentury Corp. (ACY) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1440 CHAPIN AVE STE 310 BURLINGAME, CA 94010 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,300 | 1,000 | 2,409 | 2,350 | 1,664 | 8,658 | |||
| Cash and cash equivalents | 7,300 | 1,000 | 2,409 | 2,350 | 1,543 | 8,658 | |||
| Short-term investments | 121 | ||||||||
| Receivables | |||||||||
| Inventory, net of allowances, customer advances and progress billings | (2,061) | (2,061) | |||||||
| Inventory | (2,061) | (2,061) | |||||||
| Disposal group, including discontinued operation | 346 | 4,967 | |||||||
| Asset, held-for-sale, not part of disposal group | 31,149 | 31,149 | |||||||
| Intangible current assets | 111 | ||||||||
| Other current assets | 12,562 | ||||||||
| Other undisclosed current assets | |||||||||
| Total current assets: | 49,061 | 30,088 | 2,755 | 2,350 | 1,664 | 13,624 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 142 | 948 | ✕ | ✕ | |||||
| Property, plant and equipment | 1,000 | 15 | 63 | 69 | |||||
| Long-term investments and receivables | |||||||||
| Long-term investments | |||||||||
| Regulated entity, other noncurrent assets | 781 | 3,826 | 674 | 2,216 | |||||
| Restricted cash and investments | 5,200 | ||||||||
| Deferred income tax assets | 1,151 | 518 | ✕ | ✕ | |||||
| Total noncurrent assets: | 6,200 | 2,089 | 5,355 | 743 | 2,216 | ||||
| Other undisclosed assets | 88,534 | 141,891 | 214,745 | 220,570 | |||||
| TOTAL ASSETS: | 55,261 | 30,088 | 93,378 | 149,596 | 217,152 | 236,410 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | |||||||||
| Accrued liabilities | |||||||||
| Other undisclosed accounts payable and accrued liabilities | |||||||||
| Other liabilities | 5,600 | ||||||||
| Total current liabilities: | 5,600 | ||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 110,994 | 126,337 | 175,864 | 189,043 | |||||
| Total liabilities: | 5,600 | 110,994 | 126,337 | 175,864 | 189,043 | ||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 11,813 | (17,616) | 23,259 | 41,288 | 47,367 | ||||
| Common stock | 2 | 2 | 2 | 2 | |||||
| Treasury stock, value | (3,037) | (3,037) | (3,037) | (3,037) | |||||
| Additional paid in capital | 16,783 | 16,783 | 16,783 | 14,780 | |||||
| Accumulated other comprehensive loss | (2) | (1,371) | |||||||
| Retained earnings (accumulated deficit) | (31,362) | 10,882 | 27,541 | 35,622 | |||||
| Other undisclosed equity, attributable to parent | 11,813 | ||||||||
| Equity, attributable to noncontrolling interest | |||||||||
| Other undisclosed equity | 6,962 | ||||||||
| Total equity: | 6,962 | 11,813 | (17,616) | 23,259 | 41,288 | 47,367 | |||
| TOTAL LIABILITIES AND EQUITY: | 12,562 | 11,813 | 93,378 | 149,596 | 217,152 | 236,410 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,927 | 16,157 | 43,599 | 27,116 | 35,554 | |||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | ✕ | ✕ | 27,638 | ✕ | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 35,554 | |
| Cost of revenue | (9,506) | (2,924) | ||||||
| Cost of goods and services sold | (2,924) | |||||||
| Financing interest expense | (9,506) | ✕ | ||||||
| Other undisclosed gross profit | (783) | |||||||
| Gross profit: | 1,145 | 16,157 | 43,599 | 17,610 | 32,630 | |||
| Operating expenses | 5,803 | 6,680 | (61,965) | (64,765) | (36,170) | (32,121) | ||
| Other undisclosed operating loss | ||||||||
| Operating income (loss): | 6,948 | 6,680 | (45,808) | (21,166) | (18,560) | 508 | ||
| Nonoperating expense (Other Nonoperating expense) | ||||||||
| Interest and debt expense | (600) | (16,819) | (11,303) | (7,753) | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 16,819 | 11,303 | 9,506 | 10,678 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 6,948 | 6,079 | (45,808) | (21,166) | (9,054) | 3,433 | ||
| Other undisclosed loss from continuing operations before income taxes | (16,295) | |||||||
| Income (loss) from continuing operations before income taxes: | (9,347) | 6,079 | (45,808) | (21,166) | (9,054) | 3,433 | ||
| Income tax benefit | 49 | 3,565 | 4,508 | 973 | 3,967 | |||
| Income (loss) from continuing operations: | (9,298) | 6,079 | (42,244) | (16,659) | (8,081) | 7,399 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 6,079 | (42,244) | (16,659) | (8,081) | 7,399 | ||
| Other undisclosed net income | 18,598 | |||||||
| Net income (loss): | 9,300 | 6,079 | (42,244) | (16,659) | (8,081) | 7,399 | ||
| Net income attributable to noncontrolling interest | ||||||||
| Other undisclosed net loss attributable to parent | (18,598) | |||||||
| Net income (loss) available to common stockholders, diluted: | (9,298) | 6,079 | (42,244) | (16,659) | (8,081) | 7,399 | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 9,300 | 6,079 | (42,244) | (16,659) | (8,081) | 7,399 | ||
| Comprehensive income (loss): | 9,300 | 6,079 | (42,244) | (16,659) | (8,081) | 7,399 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | ||||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,369 | (1,371) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 9,300 | 6,079 | (40,875) | (18,029) | (8,081) | 7,399 | ||
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.