Avalanche International Corp (AVLP) Financial Statements (2024 and earlier)
Company Profile
Business Address |
5940 S. RAINBOW BLVD LAS VEGAS, NV 89118 |
State of Incorp. | NV |
Fiscal Year End | November 30 |
Industry (SIC) | 286 - Industrial Organic Chemicals (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
8/31/2016 Q3 | 5/31/2016 Q2 | 2/29/2016 Q1 | 11/30/2015 Q4 | 8/31/2015 Q3 | 5/31/2015 Q2 | 2/28/2015 Q1 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 2,562 | 58 | 405 | 656 | 1,547 | 1,271 | |||
Cash and cash equivalents | 2,562 | 58 | 405 | 656 | 1,547 | 1,271 | |||
Receivables | 120,881 | 141,197 | 17,222 | 17,190 | 16,919 | 46 | |||
Inventory, net of allowances, customer advances and progress billings | 2,680 | 20,758 | |||||||
Inventory | 2,680 | 20,758 | |||||||
Prepaid expense | 6,575 | ||||||||
Other current assets | 8,078 | 15,615 | 705 | 705 | 705 | ||||
Other undisclosed current assets | 705 | 179,419 | 344,107 | 282,837 | |||||
Total current assets: | 131,521 | 156,870 | 18,332 | 200,650 | 363,278 | 312,192 | |||
Noncurrent Assets | |||||||||
Long-term investments and receivables | 271,841 | ||||||||
Accounts and financing receivable, after allowance for credit loss | 271,841 | ||||||||
Intangible assets, net (including goodwill) | 54,000 | 42,750 | |||||||
Intangible assets, net (excluding goodwill) | 54,000 | 42,750 | |||||||
Other undisclosed noncurrent assets | 705 | 705 | 705 | ||||||
Total noncurrent assets: | 271,841 | 705 | 54,705 | 43,455 | |||||
TOTAL ASSETS: | 403,362 | 156,870 | 18,332 | 201,355 | 417,983 | 355,647 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 145,519 | 260,207 | 177,004 | 129,731 | 84,268 | 70,883 | |||
Employee-related liabilities | 3,647 | 32,073 | |||||||
Accrued liabilities | 6,998 | 2,553 | |||||||
Other undisclosed accounts payable and accrued liabilities | 145,519 | 260,207 | 177,004 | 129,731 | 73,623 | 36,257 | |||
Debt | 510,706 | 246,260 | 135,031 | 273,019 | 111,678 | 83,250 | |||
Due to related parties | 38,137 | 63,699 | 12,709 | 4,892 | 32,935 | ||||
Other undisclosed current liabilities | 2,364,608 | 1,779,919 | 1,729,987 | 717,796 | 493,329 | 124,801 | |||
Total current liabilities: | 3,058,970 | 2,286,386 | 2,105,721 | 1,133,255 | 694,167 | 311,869 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 206,053 | 844 | 37,227 | ||||||
Long-term debt, excluding current maturities | 206,053 | 844 | 37,227 | ||||||
Other undisclosed noncurrent liabilities | 8,054 | ||||||||
Total noncurrent liabilities: | 214,107 | 844 | 37,227 | ||||||
Total liabilities: | 3,273,077 | 2,287,230 | 2,105,721 | 1,170,482 | 694,167 | 311,869 | |||
Equity | |||||||||
Equity, attributable to parent, including: | (2,869,715) | (2,130,360) | (2,087,389) | (969,127) | (276,184) | 43,778 | |||
Common stock | 6,843 | 6,842 | 6,310 | 5,705 | 5,553 | 5,359 | |||
Additional paid in capital | 1,326,633 | 1,383,871 | 1,119,118 | 966,775 | 872,435 | 622,365 | |||
Accumulated deficit | (4,203,191) | (3,521,073) | (3,212,817) | (1,941,636) | (1,154,201) | ||||
Other undisclosed equity, attributable to parent | 29 | 29 | (583,946) | ||||||
Total equity: | (2,869,715) | (2,130,360) | (2,087,389) | (969,127) | (276,184) | 43,778 | |||
TOTAL LIABILITIES AND EQUITY: | 403,362 | 156,870 | 18,332 | 201,355 | 417,983 | 355,647 |
Income Statement (P&L) (USD)Annual | Quarterly
8/31/2016 Q3 | 5/31/2016 Q2 | 2/29/2016 Q1 | 11/30/2015 Q4 | 8/31/2015 Q3 | 5/31/2015 Q2 | 2/28/2015 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 69 | 169 | 23,667 | 14,995 | ||||
Revenue from related parties | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Net investment income | (6,074) | |||||||
Cost of revenue | (2,681) | (258) | (20,758) | (8,534) | ||||
Gross profit: | (2,612) | (89) | 2,909 | 6,461 | ||||
Operating expenses | (196,225) | (175,770) | (343,641) | (488,466) | (363,769) | (180,330) | ||
Other operating income (expense), net (Other Expenses) | (458,446) | 244,880 | 209,366 | 4,200 | ||||
Other undisclosed operating income (loss) | 458,446 | (244,880) | (209,366) | (4,200) | ||||
Operating loss: | (196,225) | (175,770) | (346,253) | (488,555) | (360,860) | (173,869) | ||
Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (485,893) | (132,486) | ||||||
Interest and debt expense | (68,522) | (157,233) | (867,498) | 83,301 | 6,655 | 4,200 | ||
Income (loss) from continuing operations: | (750,640) | (465,489) | (1,213,751) | (405,254) | (354,205) | (169,669) | ||
Income (loss) before gain (loss) on sale of properties: | (750,640) | (465,489) | (1,213,751) | (405,254) | (354,205) | (169,669) | ||
Net income (loss): | (750,640) | (465,489) | (1,213,751) | (405,254) | (354,205) | (169,669) | ||
Other undisclosed net income (loss) attributable to parent | 68,522 | 157,233 | 59,766 | (328,181) | (216,021) | (8,400) | ||
Net income (loss) attributable to parent: | (682,118) | (308,256) | (1,153,985) | (733,435) | (570,226) | (178,069) | ||
Other undisclosed net loss available to common stockholders, basic | (117,196) | |||||||
Net loss available to common stockholders, diluted: | (682,118) | (308,256) | (1,271,181) | (733,435) | (570,226) | (178,069) |
Comprehensive Income (USD)Annual | Quarterly
8/31/2016 Q3 | 5/31/2016 Q2 | 2/29/2016 Q1 | 11/30/2015 Q4 | 8/31/2015 Q3 | 5/31/2015 Q2 | 2/28/2015 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (750,640) | (465,489) | (1,213,751) | (405,254) | (354,205) | (169,669) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (750,640) | (465,489) | (1,213,751) | (405,254) | (354,205) | (169,669) |
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.