Aerogrow International Inc (AERO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5405 SPINE RD. BOULDER, CO 80301 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,756 | 7,497 | 8,804 | 1,401 | 1,015 | 1,707 | |||
| Cash and cash equivalents | 1,756 | 7,497 | 8,804 | 1,401 | 1,015 | 1,707 | |||
| Restricted cash and investments | 15 | 15 | 15 | 15 | 15 | 15 | |||
| Receivables | 5,309 | 4,577 | 2,742 | 1,809 | 1,514 | 760 | |||
| Inventory, net of allowances, customer advances and progress billings | 8,440 | 5,047 | 2,921 | 3,149 | 2,603 | 1,311 | |||
| Inventory | 8,440 | 5,047 | 2,921 | 3,149 | 2,603 | 1,311 | |||
| Prepaid expense | |||||||||
| Other undisclosed current assets | 475 | 478 | 511 | 196 | 144 | 306 | |||
| Total current assets: | 15,995 | 17,614 | 14,993 | 6,570 | 5,291 | 4,099 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1,006 | 514 | 415 | 620 | 525 | 298 | |||
| Intangible assets, net (including goodwill) | 2 | 2 | 2 | ||||||
| Intangible assets, net (excluding goodwill) | 2 | 2 | 2 | ||||||
| Deposits noncurrent assets | 39 | 39 | 106 | 156 | 156 | 145 | |||
| Deferred costs | 1 | (262) | |||||||
| Other undisclosed noncurrent assets | (1) | (36) | |||||||
| Total noncurrent assets: | 1,045 | 553 | 521 | 778 | 683 | 147 | |||
| Other undisclosed assets | 298 | ||||||||
| TOTAL ASSETS: | 17,040 | 18,167 | 15,514 | 7,348 | 5,974 | 4,544 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,047 | 4,979 | 3,373 | 2,697 | 4,172 | 2,315 | |||
| Interest and dividends payable | 1,715 | 1,456 | |||||||
| Accounts payable | 2,610 | 2,748 | 1,853 | 1,733 | 1,641 | 553 | |||
| Accrued liabilities | 1,437 | 2,231 | 1,520 | 964 | 816 | 306 | |||
| Debt | 80 | 117 | 160 | 208 | 258 | ||||
| Derivative instruments and hedges, liabilities | 644 | 1,688 | 2,530 | ||||||
| Deferred revenue and credits | ✕ | ✕ | 1 | 1 | 3 | ||||
| Due to related parties | 1,293 | 207 | |||||||
| Customer advances and deposits | ✕ | ✕ | 106 | 352 | 30 | ✕ | |||
| Other undisclosed current liabilities | 206 | 163 | (1,715) | (1,456) | |||||
| Total current liabilities: | 4,253 | 5,222 | 3,596 | 5,147 | 4,591 | 3,650 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 72 | 12 | 19 | ||||||
| Capital lease obligations | ✕ | 72 | 12 | 19 | |||||
| Liabilities, other than long-term debt | 240 | 190 | |||||||
| Due to related parties | |||||||||
| Other liabilities | 240 | 190 | |||||||
| Operating lease, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 23 | ||||||||
| Total noncurrent liabilities: | 335 | 202 | 19 | ||||||
| Total liabilities: | 4,588 | 5,424 | 3,615 | 5,147 | 4,591 | 3,650 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 12,452 | 12,743 | 11,899 | 2,201 | 1,383 | 894 | |||
| Preferred stock | 3 | 3 | 3 | ||||||
| Common stock | 34 | 34 | 33 | 7 | 6 | 6 | |||
| Common stock, value, subscriptions | 2,595 | ✕ | |||||||
| Additional paid in capital | 140,817 | 140,817 | 138,757 | 84,129 | 82,101 | 79,563 | |||
| Accumulated deficit | (128,399) | (128,108) | (129,486) | (84,329) | (82,442) | (80,134) | |||
| Other undisclosed equity, attributable to parent | 2,391 | 1,715 | 1,456 | ||||||
| Total equity: | 12,452 | 12,743 | 11,899 | 2,201 | 1,383 | 894 | |||
| TOTAL LIABILITIES AND EQUITY: | 17,040 | 18,167 | 15,514 | 7,348 | 5,974 | 4,544 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 34,366 | 877 | 23,609 | 19,612 | 17,912 | 9,355 | ||
| Revenue, net | ✕ | ✕ | 23,609 | 19,612 | 17,912 | 9,355 | ||
| Revenue from related parties | 5 | 877 | ✕ | ✕ | ✕ | ✕ | ||
| Cost of revenue | (22,395) | (21,598) | (15,044) | (12,618) | (12,367) | (5,582) | ||
| Other undisclosed gross profit | 31,421 | |||||||
| Gross profit: | 11,971 | 10,700 | 8,565 | 6,994 | 5,545 | 3,773 | ||
| Operating expenses | (11,965) | (11,148) | (8,911) | (8,293) | (6,372) | (4,606) | ||
| Other undisclosed operating loss | (43) | |||||||
| Operating income (loss): | 6 | (448) | (346) | (1,299) | (827) | (876) | ||
| Nonoperating income (expense) | (297) | 6 | (2,252) | 746 | 636 | (1,530) | ||
| Other nonoperating income (expense) | 4 | 27 | (36) | (5) | 1 | 518 | ||
| Interest and debt expense | (301) | (21) | (108) | (293) | (207) | 415 | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 301 | |||||||
| Income (loss) from continuing operations before income taxes: | (291) | (463) | (2,706) | (846) | (398) | (1,991) | ||
| Income tax expense | (1) | (2) | ||||||
| Income (loss) from continuing operations: | (291) | (463) | (2,706) | (846) | (399) | (1,993) | ||
| Income (loss) before gain (loss) on sale of properties: | (291) | (463) | (2,706) | (846) | (399) | (1,993) | ||
| Net income (loss): | (291) | (463) | (2,706) | (846) | (399) | (1,993) | ||
| Other undisclosed net income (loss) attributable to parent | 21 | 108 | 293 | 208 | (413) | |||
| Net income (loss) attributable to parent: | (291) | (442) | (2,598) | (553) | (191) | (2,406) | ||
| Preferred stock dividends and other adjustments | (268) | |||||||
| Other undisclosed net income (loss) available to common stockholders, basic | 534 | (2,167) | (675) | (1,355) | (1,456) | |||
| Net income (loss) available to common stockholders, diluted: | (291) | 92 | (4,765) | (1,228) | (1,546) | (4,130) | ||
Comprehensive Income ($ in thousands)
| 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (291) | (463) | (2,706) | (846) | (399) | (1,993) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (291) | (463) | (2,706) | (846) | (399) | (1,993) | ||
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.