Adama Technologies Corp (ADAC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
10120 S. EASTERN AVENUE HENDERSON, NV 89052 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4899 - Communications Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 11 | 202 | 121 | ||||||
| Cash and cash equivalents | 11 | 202 | 121 | ||||||
| Receivables | 20 | 15 | 12 | ||||||
| Other undisclosed current assets | 1,560 | 1,560 | 1,644 | 1,439 | |||||
| Total current assets: | 1,591 | 1,575 | 1,847 | 1,572 | |||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 250 | 267 | 281 | 258 | |||||
| Other undisclosed noncurrent assets | (0) | (0) | (0) | ||||||
| Total noncurrent assets: | 250 | 267 | 281 | 258 | |||||
| TOTAL ASSETS: | 1,841 | 1,842 | 2,128 | 1,831 | |||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 667 | 589 | 1,443 | 735 | 152 | 152 | |||
| Accounts payable | 248 | 248 | 248 | 248 | |||||
| Other undisclosed accounts payable and accrued liabilities | 419 | 340 | 1,194 | 486 | 152 | 152 | |||
| Debt | 236 | 167 | 396 | 152 | 397 | 397 | |||
| Derivative instruments and hedges, liabilities | 1,370 | 1,956 | 2,747 | 960 | 148 | 148 | |||
| Due to related parties | 23 | 23 | |||||||
| Other undisclosed current liabilities | 1,789 | 4,309 | 2,435 | 2,728 | |||||
| Total current liabilities: | 4,061 | 7,021 | 7,021 | 4,574 | 718 | 718 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 243 | 320 | 535 | 231 | |||||
| Long-term debt, excluding current maturities | 243 | 320 | 535 | 231 | |||||
| Other undisclosed noncurrent liabilities | 389 | (1,351) | (300) | 386 | |||||
| Total noncurrent liabilities: | 632 | (1,031) | 235 | 617 | |||||
| Total liabilities: | 4,694 | 5,989 | 7,255 | 5,191 | 718 | 718 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,852) | (4,147) | (5,128) | (3,360) | (718) | (718) | |||
| Preferred stock | 9 | 9 | 9 | 9 | 1 | 1 | |||
| Common stock | 16 | 13 | 11 | 16 | 33 | 33 | |||
| Additional paid in capital | (2,344) | (2,834) | (5,988) | (3,046) | 17,791 | 17,791 | |||
| Retained earnings (accumulated deficit) | (533) | (1,334) | 840 | (337) | (18,492) | (18,492) | |||
| Stockholders' equity note, subscriptions receivable | (51) | (51) | |||||||
| Other undisclosed equity, attributable to parent | (0) | ||||||||
| Other undisclosed equity | 0 | (0) | |||||||
| Total equity: | (2,852) | (4,147) | (5,128) | (3,360) | (718) | (718) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,841 | 1,842 | 2,128 | 1,831 | |||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 174 | 2,508 | ||||||
| Financial services revenue | 791 | (1,308) | ||||||
| Cost of revenue (Cost of Goods and Services Sold) | (454) | (1,561) | ||||||
| Other undisclosed gross profit | 0 | |||||||
| Gross profit: | (281) | 947 | ||||||
| Operating expenses | (268) | 144 | (20) | |||||
| Other operating expense, net (Other Expenses) | (786) | (1,285) | ||||||
| Other undisclosed operating income | 786 | 1,285 | ||||||
| Operating income (loss): | (548) | 1,091 | (20) | |||||
| Nonoperating income (Investment Income, Nonoperating) | 1 | |||||||
| Interest and debt expense | (4) | (194) | (14) | |||||
| Income (loss) from continuing operations before income taxes: | (552) | 897 | (33) | |||||
| Income tax expense | (408) | |||||||
| Income (loss) from continuing operations: | (960) | 897 | (33) | |||||
| Income (loss) before gain (loss) on sale of properties: | (960) | 897 | (33) | |||||
| Net income (loss): | (960) | 897 | (33) | |||||
| Other undisclosed net income (loss) attributable to parent | (374) | 1,478 | ||||||
| Net income (loss) available to common stockholders, diluted: | (1,334) | 2,376 | (33) | |||||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (960) | 897 | (33) | |||||
| Other comprehensive loss | (1,334) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,294) | 897 | (33) | |||||
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.