Advantego Corp (ADGO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3801 EAST FLORIDA AVE. DENVER, CO 80210 |
| State of Incorp. | CO |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4 | 4 | 19 | 135 | 423 | 92 | |||
| Cash and cash equivalent | 4 | 4 | 19 | 135 | 423 | 92 | |||
| Receivables | 3 | 3 | 87 | 68 | 21 | 25 | |||
| Inventory, net of allowances, customer advances and progress billings | 18 | 5 | 6 | ||||||
| Inventory | 18 | 5 | 6 | ||||||
| Prepaid expense | 1 | 3 | 149 | 175 | 33 | 8 | |||
| Deferred costs | 8 | ||||||||
| Other undisclosed current assets | 0 | 0 | |||||||
| Total current assets: | 8 | 10 | 281 | 378 | 482 | 131 | |||
| Noncurrent Assets | |||||||||
| Deferred costs | 64 | ||||||||
| Other undisclosed noncurrent assets | 148 | 175 | 64 | 64 | |||||
| Total noncurrent assets: | 212 | 175 | 64 | 64 | |||||
| TOTAL ASSETS: | 8 | 10 | 494 | 554 | 546 | 195 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 293 | 193 | 145 | 166 | 113 | 45 | |||
| Accounts payable | 15 | 12 | 38 | 112 | 70 | 16 | |||
| Accrued liabilities | 278 | 181 | 107 | 54 | 44 | 29 | |||
| Deferred revenue | 45 | 19 | ✕ | ||||||
| Debt | 2,908 | 3,404 | 3,939 | 4,351 | 4,094 | 1,356 | |||
| Due to related parties | 218 | 218 | 250 | 219 | 219 | 255 | |||
| Other undisclosed current liabilities | 47 | ||||||||
| Total current liabilities: | 3,418 | 3,814 | 4,381 | 4,782 | 4,445 | 1,656 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 3,418 | 3,814 | 4,381 | 4,782 | 4,445 | 1,656 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (3,410) | (3,805) | (3,887) | (4,228) | (3,899) | (1,461) | |||
| Preferred stock | 2 | 2 | 2 | 2 | |||||
| Common stock | 78 | 49 | 3 | 2 | 2 | 2 | |||
| Additional paid in capital | 1,164 | 656 | (135) | (854) | (1,271) | 568 | |||
| Accumulated deficit | (4,665) | (4,513) | (3,758) | (3,378) | (2,633) | (2,033) | |||
| Other undisclosed equity, attributable to parent | 12 | 3 | |||||||
| Other undisclosed equity | 0 | ||||||||
| Total equity: | (3,410) | (3,805) | (3,887) | (4,228) | (3,899) | (1,461) | |||
| TOTAL LIABILITIES AND EQUITY: | 8 | 10 | 494 | 554 | 546 | 195 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6 | 21 | 55 | 21 | 8 | 39 | ||
| Cost of revenue | (12) | (18) | (15) | (11) | (25) | |||
| Cost of product and service sold | (12) | (18) | ||||||
| Gross profit: | 6 | 9 | 37 | 6 | (3) | 14 | ||
| Operating expenses | (11) | (263) | (182) | (304) | (348) | (412) | ||
| Operating loss: | (5) | (254) | (144) | (299) | (350) | (399) | ||
| Nonoperating expense | (147) | (501) | (235) | |||||
| Interest and debt expense | (147) | 868 | (235) | (446) | (250) | (62) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (299) | 113 | (615) | (745) | (600) | (461) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 147 | (868) | 235 | |||||
| Loss from continuing operations: | (152) | (755) | (380) | (745) | (600) | (461) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (152) | (755) | (380) | (745) | (600) | (461) | |
| Other undisclosed net loss | (6) | |||||||
| Net loss available to common stockholders, diluted: | (152) | (755) | (380) | (745) | (600) | (467) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (152) | (755) | (380) | (745) | (600) | (467) | ||
| Comprehensive loss, net of tax, attributable to parent: | (152) | (755) | (380) | (745) | (600) | (467) | ||
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.