Amerityre Corp (AMTY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1501 INDUSTRIAL ROAD BOULDER CITY, NV 89005 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3011 - Tires and Inner Tubes (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 516 | 667 | 557 | 214 | 340 | 267 | |||
| Cash and cash equivalents | 516 | 667 | 557 | 214 | 340 | 267 | |||
| Receivables | 728 | 293 | 278 | 410 | 284 | 293 | |||
| Inventory, net of allowances, customer advances and progress billings | 659 | 494 | 448 | 516 | 576 | 615 | |||
| Inventory | 659 | 494 | 448 | 516 | 576 | 615 | |||
| Other undisclosed current assets | 94 | 86 | 83 | 85 | 112 | 104 | |||
| Total current assets: | 1,998 | 1,540 | 1,366 | 1,226 | 1,313 | 1,279 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 544 | 692 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 110 | 126 | 138 | 211 | 273 | 232 | |||
| Other noncurrent assets | 250 | 405 | 391 | 350 | 395 | 366 | |||
| Other undisclosed noncurrent assets | 845 | ||||||||
| Total noncurrent assets: | 904 | 1,223 | 1,374 | 562 | 668 | 599 | |||
| TOTAL ASSETS: | 2,903 | 2,763 | 2,740 | 1,787 | 1,981 | 1,878 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 767 | 692 | 649 | 379 | 468 | 348 | |||
| Interest and dividends payable | 408 | 325 | 225 | 100 | 100 | ||||
| Other undisclosed accounts payable and accrued liabilities | 767 | 284 | 324 | 154 | 368 | 248 | |||
| Deferred revenue | 26 | 12 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 2 | 59 | 155 | 21 | 26 | 27 | |||
| Other undisclosed current liabilities | 148 | 146 | 19 | 21 | |||||
| Total current liabilities: | 943 | 909 | 823 | 421 | 495 | 375 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 362 | 154 | 669 | 106 | 126 | 109 | |||
| Long-term debt, excluding current maturities | 61 | 154 | 75 | 106 | 124 | 100 | |||
| Capital lease obligations | ✕ | ✕ | ✕ | 594 | 1 | 8 | |||
| Operating lease, liability | 301 | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | (301) | 448 | |||||||
| Total noncurrent liabilities: | 362 | 602 | 669 | 106 | 126 | 109 | |||
| Total liabilities: | 1,305 | 1,512 | 1,492 | 527 | 621 | 484 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,598 | 1,251 | 1,247 | 1,261 | 1,361 | 1,394 | |||
| Preferred stock | 2 | 2 | 2 | 2 | |||||
| Common stock | 73 | 70 | 48 | 44 | 43 | 42 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | 5 | ||||||||
| Common stock, value, subscriptions | 1 | 15 | |||||||
| Additional paid in capital | 62,805 | 62,719 | 62,695 | 62,639 | 62,616 | 62,580 | |||
| Accumulated deficit | (61,280) | (61,539) | (61,498) | (61,439) | (61,300) | (61,234) | |||
| Total equity: | 1,598 | 1,251 | 1,247 | 1,261 | 1,361 | 1,394 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,903 | 2,763 | 2,740 | 1,787 | 1,981 | 1,878 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,863 | 3,941 | 3,590 | 3,620 | 3,629 | 3,781 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 3,629 | 3,781 | ||
| Cost of revenue | (3,579) | (2,839) | (2,537) | (2,521) | (2,444) | (2,670) | ||
| Gross profit: | 1,284 | 1,103 | 1,054 | 1,100 | 1,184 | 1,111 | ||
| Operating expenses | (1,188) | (1,055) | (1,036) | (1,119) | (1,137) | (1,351) | ||
| Operating income (loss): | 97 | 48 | 18 | (19) | 48 | (240) | ||
| Nonoperating income | 162 | 13 | 27 | 3 | 0 | 0 | ||
| Other nonoperating income (expense) | (5) | 23 | (19) | (15) | (3) | |||
| Interest and debt expense | 150 | (1) | (4) | (5) | (8) | (3) | ||
| Income (loss) from continuing operations: | 408 | 60 | 41 | (21) | 40 | (243) | ||
| Income (loss) before gain (loss) on sale of properties: | 408 | 60 | 41 | (21) | 40 | (243) | ||
| Net income (loss): | 408 | 60 | 41 | (21) | 40 | (243) | ||
| Other undisclosed net income (loss) attributable to parent | (150) | (17) | (17) | (6) | ||||
| Net income (loss) attributable to parent: | 258 | 43 | 41 | (38) | 33 | (243) | ||
| Other undisclosed net loss available to common stockholders, basic | (83) | (100) | (100) | (100) | (100) | |||
| Net income (loss) available to common stockholders, diluted: | 258 | (41) | (59) | (138) | (67) | (343) | ||
Comprehensive Income ($ in thousands)
| 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 408 | 60 | 41 | (21) | 40 | (243) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 408 | 60 | 41 | (21) | 40 | (243) | ||
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.